Almost doubled in two years! The price of fresh salmon never ceases to give French smokers cold sweats, for whom this raw material represents 50 to 70% of production costs. The price of Norwegian salmon, which accounts for 53% of smoked salmon in France, increased by 96.65% between the 1st quarter of 2021 and the 1st quarter of 2023. In March 2023, the price of Norwegian salmon 4/5 kg reached the unprecedented price of 127 Norwegian crowns (11 euros) per kilo, according to the benchmark index, the Nasdaq Salmon Index (nasdaqomxtrader.com). "There is no structural change that allows us to envisage a significant reduction in the very high price levels of salmon, while companies are also faced with the general increase in their costs (energy, packaging, transport, labor", is alarmed ETF (Les Entreprises du Traiteur Frais), a member union of Adepale, in a press release dated April 17. Several factors explain this dizzying increase in the price of salmon. The first is structural, with ...
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