reLAKSation 113.
Sophistication:
It's been a few years since the Food Standards Agency insisted that the British
consumer should no longer eat his fish and chips when wrapped in newspaper. The
British consumer is becoming more sophisticated and now has to buy one of his
favourite meals from a polystyrene container or wrapped in clean new sheets of
white paper bought specifically for the purpose.
The British consumer is growing up.
Certainly,
Brian Simpson, Chief Executive of Scottish Quality Salmon believes that this is
the case. He told IntraFish that the UK food market is not as sophisticated as
some of its Continental neighbours, although he said that there are signs that
this is changing. Mr Simpson judges
the level of sophistication by awareness of 'fine foods', which roughly
translated means that whilst some Continental consumers are prepared to pay a
premium for Scottish salmon, most UK consumers are not.
We,
at Callander McDowell believe that this is an indication that UK consumers are
actually more sophisticated than their Continental neighbours, rather than less
so. This is because of the way in which the supermarket chains have developed
within the marketplace.
In
a previous issue of reLAKSation, we discussed however the British market has
become dominated by 'own label' products. This encourages a relationship between
the retailer and it's customers in which a form of trust has developed. This
trust is based on the expectation that the retailer will offer its customers
products of the highest possible quality at the best value for money. Consumers
therefore rarely bother to read the detailed information provided on labels in
the same way that perhaps his Continental neighbour does.
We,
at Callander McDowell, firmly believe that the UK market is actually one of the
most sophisticated in the world and could well provide an indication of how
markets elsewhere may develop. UK consumers have moved on from the days when
they might question whether one salmon fillet is of better quality than another.
For most UK consumer’s salmon is now just salmon. Rather than focus on the raw
flesh, UK consumers prefer to look at what form the salmon is in and ask whether
it is most appropriate to their needs. This has led to the development of an
extremely sophisticated value added industry, which can offer consumers a huge
range of products from the simplest presentation to the most complex meal
solutions. The latest developments involve a cook at home recipe, which consists
of every ingredient including the vegetable oil in which the salmon is first
seared. This is an extremely sophisticated product and is a far cry from the
times when consumer choice meant that they could buy a whole salmon or have it
cut up into fillets and steaks. The salmon market is rapidly evolving and if it
is not careful, the salmon industry could well get left behind. This is why it
needs to focus on what is important to consumers, and not what they perceive to
be important.
Is
it worth it? After more than four years of
lobbying behind the scenes at Brussels, Scottish salmon is soon to be awarded
Protected Geographical Indication status (PGI). According to IntraFish, the
application has been published in the Official Journal of the EU, which will
lead to a six-month consultation period prior to the award.
IntraFish
report that the PGI designation is virtually unknown in the UK, but it has been
widely adopted on the Continent, especially in France, where it supplements the
better known Label Rouge.
PGI
is unknown in the UK, but perhaps this is because it's status is relatively
unimportant to consumers, who would probably consider other issues to be well
above whether a food has PGI status or not.
Whilst
PGI is relatively unknown in the UK, so is the other key designation, PDO or
Protected Designation of Origin. At least PDO is more understandable as its aim
is to protect well-established product associations so that a Cornish pasty, for
example, must be made in Cornwall and Stilton cheese must come from Stilton.
Better-known examples from the Continent include Parma ham and champagne.
By
comparison, PGI status is used when at least one stage of production,
processing, or preparation occurs in a given geographic area. Products awarded
PGI must also have a good reputation.
We,
at Callander McDowell are struggling to see how PGI will really benefit Scottish
salmon producers? The association
between salmon and Scotland is already well established, but it is no different
to the association of salmon and other producing countries. Labelling
legislation adequately protects the existing relationship between Scotland and
salmon and therefore this new status adds little to make Scottish salmon any
more attractive to consumers?
The
Scottish industry is not the first to seek PGI status for its salmon. The EU has
already awarded Clare Island Salmon PGI status.
Although the name is known within the industry, it is not familiar to UK
consumers, even though plenty of Irish salmon has been sold in the UK, mostly as
generic fish. However, one Irish company has previously managed to establish its
own brand in the UK, despite the lack of PGI protection.
Clearly,
if all Scottish salmon was produced, processed and prepared in Scotland, the
industry could apply for the more useful PDO status. This might better establish
Scottish salmon as a unique product than under PDI guidelines.
Scottish
Quality Salmon have indicated that they want to introduce high quality salmon to
other European countries. They have identified Italy as one country to which
market access may be eased once Scottish salmon has attained PGI status. Yet,
with the market for Label Rouge in France only standing at 5,000 tonnes, despite
a decade of promotion, how much high quality salmon would the Italian market be
expected to absorb?
It
may have taken the Scottish industry over four years to attain PGI status, but
we wonder whether this is four years of effort well spent or could there be
better and more fruitful ways to enhance the market for salmon?
Is
the penny starting to drop?: An IntraFish
editorial posed the question as to whether we have seen the last of higher
salmon prices. Regular readers of reLAKSation will already know that we at
Callander McDowell are certain that we have.
It
has been suggested that prices remain low because the supermarkets are
pressurising producers to supply fish at the lowest possible cost so that the
supermarkets can maximize their own margins. However, this suggestion can be put
in two different ways. Certainly, the supermarkets are looking to their own
profits, but at the same time, the supermarkets have become accustomed to such
lower salmon prices because of the enormous growth in production. Thus, low
prices came first and then the supermarkets started to apply pressure to keep
the prices low. Clearly, they recognised that low prices created an increase in
demand, which could benefit everyone in the supply chain.
Despite this growing demand, there is still a reluctance to accept that salmon prices will remain low. Instead of trying to capitalise on such lower prices, the industry continues to look for ways to elevate prices. As a result, producers are caught between the two and are neither effective low cost producers nor are benefiting from higher prices.
The
IntraFish editorial considers prices in exactly this way. It focuses on
supermarkets in Paris where it highlights the differences between Norwegian and
Scottish salmon. It claims that higher quality Scottish salmon can generate a
price premium over Norwegian fish, which may not be perceived to be of equal
quality. The editor therefore suggests that the market is divided into two;
commodity and quality. Yet, it is important to note that whilst this high
quality sector does exist, we have already pointed out that it is an extremely
small market as illustrated by Label Rouge. Any attempt to boost this market
will only undermine the existing premiums.
The future
of salmon must lie with low cost production. At last. it now looks like that
some sections of the salmon industry have begun to recognise that low prices are
now the main feature of salmon production. Producers must therefore adjust their
business operation accordingly. The expectation of rising prices is becoming
part of salmon farming history not it’s future. However, the change to a low
priced salmon industry should also be accompanied by a realisation that the
salmon market is not just about commodity or quality; it is in fact a
multi-stranded market with many different product sectors, all of which, the
salmon industry is well placed to exploit.