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

Author

Listed:
  • 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)

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.

Suggested Citation

  • Ankamah-Yeboah Isaac & Max Nielsen & Rasmus Nielsen, 2015. "Organic Salmon – Considered a Fisheries or Agricultural Product Among Consumers?," 2015 EAFE (European Association of Fisheries Economists) Conference Papers 003, Nisea.
    • Handle: RePEc:irf:wpaper:003
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    References listed on IDEAS

    as
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    Keywords

    price premium; organic seafood; fisheries ecolabel; salmon;
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