The average per-kilo price of Norwegian salmon surpasses NOK 106
Salmon
Seafood
Norway
Market & Price Trends
Published Feb 8, 2024
Tridge summary
The average price of Norwegian salmon increased by 0.9% in the fifth week of 2024, reaching NOK 106.37, according to the Nasdaq Salmon Index. Despite a decrease over the past four weeks, the price is up over the past 12 weeks. The majority of the salmon was exported to European countries. Meanwhile, the Norwegian Krone also saw a slight increase against the USD and EUR in futures pricing. The futures for Q1 and Q2 2024 also reported an increase.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Norwegian salmon prices gently increased in the fifth week of 2024, continuing a trend seen in the week prior.According to the Nasdaq Salmon Index, the average per-kilogram price of Norwegian salmon in the fifth week of 2024 reached NOK 106.37 (USD 10.04, EUR 9.32) from last week’s NOK 105.42 (USD 10.14, EUR 9.32), which was an increase of NOK 0.95 (USD 0.001, EUR 0.001), or 0.9 percent, week over week.The index, which provides weekly sales updates and a weighted average price for fresh, head-on gutted Atlantic superior salmon from Norway, found the average per-kilo price of Norwegian salmon is down NOK 7.96 (USD 0.75, EUR 0.70) over the past four weeks and up NOK 28.44 (USD 2.69, EUR 2.50) over the past 12 weeks.In the fifth week of 2024, salmon between 1 and 2 kilograms accounted for 2.08 percent of total sales, which is up from last week’s 0.83 percent of total sales, with an average price of NOK 67.22 (USD 6.35, EUR 5.90) per kilogram, marking a decline of NOK 0.57 (USD 0.01, ...
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