The FAO Fish Price Index (FPI) is a measure of the monthly change in international prices of a basket of seafood commodities considered to be representative of global seafood prices (source: FAO). The index consists of the average of price indices for some major fish commodities (fresh and frozen white fish, salmon, crustaceans, pelagic fish excluding tuna, tuna, and a broad category of other fish) weighted by the average export shares of each of the groups over 2014-2016 (Tveterås et al. 2012). The Tuna Price Index (TPI) is computed similarly to the FPI by focusing on international trade for canned and processed tuna. Sources of the raw data for the FPI include European Market Observatory for fisheries and aquaculture (EUMOFA), Statistics Norway, the Danish Fisheries Agency, INFOFISH and INFOPESCA.