With a 70% drop in quota, Norwegian pollock is gradually becoming a luxury item.

Currently, importers from China, Japan, and South Korea are urgently seeking alternatives, causing the prices of Pacific mackerel to soar, and the market appears to be in a bubble state, with industry insiders deeply concerned about the painful adjustment period the industry will face in the future. At the beginning of the Norwegian fishing season in August this year, the CFR price for suppliers to the Asian market was approximately $3.75/kg, but by mid-October it had risen to $5.50-$5.60/kg. Currently, the Norwegian summer fishing season has ended, while the Scottish and Faroe Islands seasons are ongoing, and during the Qingdao exhibition, the Scottish price also rose to $5.50-$5.60/kg (usually Scottish prices are $0.10-$0.20/kg lower than Norwegian prices), and there are no signs of a pullback. "The price of mackerel will soon break through $6.0/kg," a Norwegian supplier (A) told UCN, "The price increased by $700/ton from January to March, and if the price surges in 2026, I ...