Tridge summary
Norwegian salmon prices have continued to rise, increasing an average of 14.44% over the previous week, with decreases in the weight classes under 2kg. European countries made up the largest volume of Norwegian salmon exports in the first week of 2024. However, the industry's growth is largely attributed to the weakened value of the Norwegian kroner.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Norwegian salmon prices continued to increase in the first week of 2024, picking up where they left off at the end of the previous year.According to the Nasdaq Salmon Index (NQSALMON), the average per-kilogram price of Norwegian salmon in the first week of 2024 reached NOK 114.14 (USD 11.04, EUR 10.09), which was up NOK 14.40 (USD 1.39, EUR 1.27), or 14.44 percent, on week 52 of 2023.NQSALMON, which provides weekly sales updates and a weighted average price for fresh, head-on gutted Atlantic superior salmon from Norway, revealed the average per-kilo price of salmon is up NOK 30.32 (USD 2.93, EUR 2.68) over the past four weeks and NOK 34.45 (USD 3.33, EUR 3.04) over the past 12 weeks.In the first week of the new year, salmon between 1 and 2 kilograms accounted for 1.36 percent of total sales, with an average price of NOK 75.54 (USD 7.31, EUR 6.68) per kilogram, which is a decline of NOK 0.90 (USD 0.01, EUR 0.01) compared week 52 of 2023, the Nasdaq Salmon Index (NQSALMON) reported. ...
Source: Seafoodsource
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
What to read next
Read more relevant content
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.