News

Rising Norwegian salmon prices not slowing demand

Seafood
Frozen Whole Atlantic Salmon
Salmon
Norway
Market & Price Trends
Published Dec 7, 2023

Tridge summary

Norway exported over 22,900 metric tons of salmon in week 48 of 2023, with a price increase of 6.59 percent over the past week and 16.36 percent over the past 12 weeks. The largest volume of salmon was exported to the E.U., with decreases in Poland and Spain and increases in France, Denmark, the Netherlands, the United Kingdom, and Italy. Prices for different weight categories of salmon have increased, and future pricing for the next few months was reported as flat.
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

Norway exported 22,910 metric tons (MT) of salmon in week 48 of 2023, up from 22,316 MT exported in the corresponding week of 2022, and up from the 22,141 MT exported in week 47 of 2023, the Oslo Børs Fish Pool Price Status reported.The average price of a kilogram of Atlantic salmon farmed in Norway has increased NOK 5.18 (USD 0.47, EUR 0.44), or 6.59 percent, over the past week, according to The Nasdaq Salmon Index.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-kilogram price of salmon has increased NOK 6.08 (USD 0.56, EUR 0.51) over the past four weeks, and is up 16.36 percent, or NOK 11.77 (USD 1.08, EUR 1.00) over the past 12 weeks.The Norwegian Salmon Council's weekly report on Norwegian seafood exports, meanwhile, indicated that the country exported 22,963 MT of salmon and trout. The largest volume of salmon was exported to the E.U., with 17,472 MT, less than ...
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