September 3, 2024

Norwegian salmon prices continue to decline, lowest level this year

The spot price for Norwegian salmon decreased by NOK 2.44 (US$0.23) per kg in week 34 of 2024, according to data from Akvafakta, bringing the price to NOK 70.08 (US$6.60) per kg, Fishfarmingexpert reported.

This drop marks the lowest salmon price recorded so far this year, continuing a trend of decline over the past several weeks. The four-week trend shows a decrease of NOK 2.52 (US$0.24) per kg.

In week 34, a total of 32,916 thousand tonnes (round weight) of salmon were exported, representing a 0.6% increase compared to the same week last year. However, overall exports for the year have reached 812 thousand tonnes, which is 2% lower than the volume exported during the same period last year.

-      Fishfarmingexpert