Mackerel prices reach new highs, supply chain enters "tightening era"

Published 2025년 10월 20일

Tridge summary

Core Insight: The latest industry data shows that the export price of Norwegian frozen mackerel has leveled with the primary price for fishermen in the domestic auction market, breaking the historical record with an auction price of over 46 Norwegian kroner per kilogram in mid-October. This means that the entire supply chain—from fishing vessels, processors to exporters—is betting on continued price increases. Analysts point out that this rare simultaneous price increase reflects the market's widespread expectation of extreme scarcity in the future.

Original content

The mackerel quota for 2025 has already been reduced by 22%, and with the depletion of earlier inventories, market prices have surged rapidly in the autumn. Industry predictions suggest that if the 2026 quota is cut by 70%, the global supply of available mackerel will drop to less than one-third of normal years. Analysts point out that although high prices may drive some price-sensitive buyers away, "as long as the supply reduction rate is faster than the decline in consumption, mackerel prices will not fall back." Current export prices need to remain at approximately $5,000 per ton to ensure industry chain profits, but most observers believe that whether this price level can be sustained in the long term remains to be verified by the market. Asian market supports high prices On the demand side, the Asian market is becoming a key force in maintaining global mackerel prices. Especially in Japan, there is a continuous increase in demand for boneless mackerel fillets, salt-grilled ...
Source: Foodmate

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.