Norwegian salmon prices continue to drop

Published 2024년 1월 24일

Tridge summary

The Nasdaq Salmon Index reports a 6.69% decrease in the average per-kilogram price of Norwegian salmon in the third week of 2024. Despite this weekly drop, there has been an overall increase in the average price over the past four and twelve weeks. The price drop was observed across all weight categories, with the 3- to 4-kilogram range experiencing the most significant decline. However, the Fish Pool, a European salmon exchange, predicts a rise in futures pricing.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Norwegian salmon prices declined further during week 3 of 2024, continuing trends seen the week prior.According to the Nasdaq Salmon Index (NQSALMON), the average per-kilogram price of Norwegian salmon in the third week of 2024 hit NOK 97.53 (USD 9.93, EUR 8.56), down NOK 6.99 (USD 0.67, EUR 0.61), or 6.69 percent, on week 3 of 2024.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 12.93 (USD 1.24, EUR 1.13) over the past four weeks and NOK 17.39 (USD 1.66, EUR 1.52) over the past 12 weeks.In the third week of the new year, salmon between 1 and 2 kilograms accounted for 1.3 percent of total sales, with an average price of NOK 66.79 (USD 6.39, EUR 5.86) per kilogram, which is a decline of NOK 3.53 (USD 0.34, EUR 0.31) compared to the second week of 2024, NQSALMON reported. Salmon between 2 and 3 kilograms, meanwhile, accounted for 15.31 ...

Source: Seafoodsource