Organic Salmon – Considered a Fisheries or Agricultural Product Among Consumers?

Ankamah-Yeboah Isaac (), Max Nielsen and Rasmus Nielsen
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Ankamah-Yeboah Isaac: Department of food and Resource Economics, Faculty of Science, University of Copenhagen, Denmark
Max Nielsen: Department of food and Resource Economics, Faculty of Science, University of Copenhagen, Denmark
Rasmus Nielsen: Department of food and Resource Economics, Faculty of Science, University of Copenhagen, Denmark

No 3, 2015 EAFE (European Association of Fisheries Economists) Conference Papers from Nisea

Abstract: The year 2016 is groundbreaking for organic aquaculture producers in EU, as it represents the deadline for implementing a full organic life cycle in the aquaculture production. Such a shift induces production costs for farmers and if it should be profitable, they must receive higher prices. This study identifies the price premium on organic salmon in the Danish retail sale sector using consumer panel scanner data for households by applying the hedonic price model. A premium of 20% for organic salmon is found. Since this premium is closer to organic agriculture products than to ecolabelled capture fisheries products, it indicates that consumers consider organic salmon as an agriculture product more than fisheries product.

Keywords: price premium; organic seafood; fisheries ecolabel; salmon; price premium; organic seafood; fisheries ecolabel; salmon (search for similar items in EconPapers)
Pages: 014 pages
Date: 2015
New Economics Papers: this item is included in nep-agr, nep-env and nep-mkt
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Persistent link: https://EconPapers.repec.org/RePEc:irf:wpaper:003

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