Norwegian salmon prices jump more than 7 percent week over week

Salmon

Seafood

Norway

Market & Price Trends

Published Feb 29, 2024

Tridge summary

Norwegian salmon prices increased 7.53 percent week over week in the eighth week of 2024. The average per-kilo price of Norwegian salmon is up by NOK 11.27 (USD 1.06, EUR 0.98) over the past four weeks and up NOK 32.96 (USD 3.11, EUR 2.87) over 12 weeks. Salmon between 2 and 3 kilograms accounted for 14.28 percent of total sales and sold for an average of NOK 96.06 (USD 9.07, EUR 8.37), totaling a NOK 6.06 (USD 0.57, EUR 0.53) increase week over week.Salmon in the 3- to 4-kilogram range comprised 18.43 percent of total fish sold, which is down from 20.12 percent, and had a per-kilo average price of NOK 111.42 (USD 10.52, EUR 9.71).The 4- to-5-kilogram category, comprising 21.89 of total sales, which is down from 25.15 percent, had its average week-over-week per-kilo price increase by NOK 8.60 (USD 0.81, EUR 0.75), reaching NOK 118.80 (USD 11.22,EUR 10.35) from NOK 110.20 (USD 10.50, EUR 9.71).Norwegian salmon between 5 and 6 kilograms made up 29.84 percent of sales, and prices in the category increased NOK 6.55 (USD 0.62, EUR 0.57) to an average per-kilo price of NOK 124.71 (USD 11.77, EUR 10.86) from NOK 118.16 (USD 11.26, EUR 10.41).

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 increased 7.53 percent week over week in the eighth week of 2024, after remaining flat the previous week.According to the Nasdaq Salmon Index, which provides weekly sales updates and a weighted average price for fresh, head-on gutted Atlantic superior salmon from Norway, the average per-kilogram price of Norwegian salmon in the eighth week of 2024 reached NOK 116.69 (USD 11.02, EUR 10.17) from 108.52 (USD 10.52, EUR 9.46), marking an increase of NOK 8.17 (USD 0.77, EUR 0.71).The index reported the average per-kilo price of Norwegian salmon is up by NOK 11.27 (USD 1.06, EUR 0.98) over the past four weeks and up NOK 32.96 (USD 3.11, EUR 2.87) over the past 12 weeks.Salmon between 1 and 2 kilograms accounted for 1.38 percent of total sales and reached an average price of NOK 76.76 (USD 7.25, EUR 6.69), which is up from NOK 75.03 (USD 7.15, EUR 6.62) per kilogram. Salmon between 2 and 3 kilograms accounted for 14.28 percent of total sales and sold for an ...

Source: Seafoodsource