The military instability in Iran has caused a seismic shift in the supply chain that on March 11, 2026, has directly impacted the fish markets and wholesale markets of the Canary Islands. The increase in logistics costs and uncertainty in trade routes have resulted in extreme volatility in the seafood market, with prices ranging from the forced stability of certain frozen products to the prohibitive increase in fresh seafood. In this context, Lobster (tail) stands out as one of the most expensive items on the list, reaching 16.00 euros, closely followed by White Prawn (both raw and cooked) and King Prawn, which can reach 18.00 euros in their largest sizes, marking a spending ceiling that is difficult for conventional restaurants to assume.
The segment of fresh seafood shows the harshest face of the supply crisis. White Clam (or Cornicha) and other varieties of fresh Clams have soared to 16.90 euros, while large whole fresh Squid is priced at 11.00 euros. Within the frozen offerings, the impact is also notable: large Lobsters reach 11.00 euros, Brown Crab sells for 9.50 euros, and Scallops are also quoted at 9.50 euros. Other crustaceans such as Common Crab are sold at 9.00 euros, while medium and small Lobsters are priced at 7.21 euros and 6.00 euros respectively, and Octopus (both fresh and large Galician) ranges from 6.00 to 8.00 euros.
Regarding white and rock fish, logistical pressure has driven up prices of species essential for the islands’ cuisine. Sole (fillet and whole) moves in a range between 7.80 and 8.50 euros, while Dogfish or Tollo and the Cherna reach 6.90 euros. Snapper and Denton or Sama maintain a high quote of up to 6.90 euros and 6.30 euros respectively. Species such as Turbot (6.50 euros), Gallo (6.00 euros), Swordfish (5.71 euros), and whole Cod (5.60 euros) reflect the difficulty in maintaining stable prices when fuel and transport insurance costs soar due to the conflict.
The complete price list for this Wednesday details a middle class of products trying to withstand the economic impact. We find Cocochas (Cod, Hake, and Monkfish) around 5.41 euros, Dorado and Halibut at 4.80 euros and 6.00 euros respectively, and Pollock at 4.50 euros. Cephalopods such as Cuttlefish or Sepia (clean or dirty) range between 4.50 and 5.40 euros, Flying Squid or Pota between 4.50 and 6.00 euros, and Patagonian Squid reaches 3.90 euros. Other products such as Tuna and Perch are priced at 4.50 euros, while Salmon and Hake (fillet) hover around 4.21 euros.
The bulletin concludes with products that, due to their origin or preservation method, exhibit the most contained prices, although not exempt from the general upward trend. Spider Crab sells for a maximum of 5.70 euros, frozen Cockles for 3.60 euros, and Mussels for 4.80 euros. Humble species like Sardine (3.00 euros), Boquerón or Anchovy (1.90 euros for frozen seafood), Red Mullet (1.80 euros), Clam (1.90 euros), and Panga (2.50 euros) complete the offering. It is noteworthy that items such as Eel, Elvers, Carabineros or fresh Lobsters today are listed at a price of 0.00 euros, indicating a total absence of catches or market entry, confirming the temporary shortage caused by the crisis in Iran.
