On-the-Ground Updates

Bad weather, poor fishing and huge demand are driving cod prices high

Frozen Cod

Norway

Sustainability & Environmental Impact

Market & Price Trends

Joakim Braseth

Published Mar 7, 2022

Bad weather, poor fishing, and huge demand for salted cod from stockfish producers drive high prices. The attached photo shows the comparison between the prices of WK 4-8 in 2022 and WK 4-8 in 2021. European buyers believe that prices will come down soon as there is one week without the storm. However, exporters in Norway feel different, stating that there has not been such a good demand in 5 years, simply not getting enough fish.

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