On-the-Ground Updates

Redfish Prices Declined in Norway and Iceland During W7

Frozen Redfish
Market & Price Trends
Guilherme Rua
Published Feb 23, 2024
Recent observations in Norway indicate a decrease in prices for Redfish (Sebastes mentella), falling from USD 3.08 per kilogram (kg) to a range of USD 2.92 to 2.98/kg (prices CFR EU main ports). Anticipation is high as new stock is expected to arrive in Norwegian ports, with reports suggesting abundant catches. As a result, prices are anticipated to remain stable in the upcoming weeks. Similarly, Iceland has also seen favorable catch conditions similar to those in Norway, suggesting a potentially stable market trend in the region.
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