Norway's salmon farming industry is facing significant challenges due to extreme weather conditions, including the effects of El Niño and colder waters, which have negatively impacted the salmon population. Additionally, a 20-year high in jellyfish attacks has led to a mortality rate of 16.7% in 2023, according to the Norwegian Veterinary Institute’s 2023 Fish Health Report. Other factors such as infectious diseases and injuries are also contributing to the loss of fish. Despite these challenges, the industry has seen a slight increase in export value, reaching a record of $15.62 billion last year. The government has introduced a new tax on salmon producers, which was initially set at 40% but was ultimately set at 25%, and the industry is resisting the move as it could lead to higher prices and lower investment.