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Salmon/Farmed Fish

 
Report Date: Monday, March 27, 2017
 
 
 

This report covers the activity of salmon in Norway, focusing on aspects such as harvests, prices, markets and exports and imports.

EUROPE

Norway

Prices

The future price of 3 to 6 kg is NOK 63.00 (EUR 6.89/kg) for April; for May and June they expect it to be NOK 62.80 and 62.30 respectively (EUR 6.84 and 6.78/kg).

During week 11, the average price of fresh salmon was NOK 61.98/kg (EUR 6.80/kg). This price is up 7% on that of the previous week and 7% on that of the same week in 2016. Compared with the same week in 2015, it is up 46%, according to Norwegian Statistics. The weekly average FOB price at Norwegian Customs of fresh salmon exports (HS 03121201 and 03121202) has been NOK 66.24/kg (EUR 7.27/kg) so far this year, up 18% on that of the same period in 2016 and 54% on that of 2015.

Graph 1: Average weekly price of fresh farmed salmon exports,
2013/2017, in NOK/kg

Source: Norwegian Statistics

The average price of frozen salmon exports was NOK 65.39/kg (EUR 7.17/kg), down 2% on that of the previous week. This figure is up 24% on that of the same week in 2016 and 48% on that of the same week in 2015. During this year, the average price of frozen salmon exports has been NOK 69.53 (EUR 7.63/kg), up 41% on that of 2016 and up 49% on that of 2015.

Graph 2: Average weekly price of exports of frozen farmed salmon,
2013/2017, in NOK/kg

Source: Norwegian Statistics

Markets

Exports of fresh salmon during the analysed week reported 15,294 tonnes. This figure is down 2% on that of the previous week, 15% on that of the same week in 2016 and 14% on that of 2015. In the year, exports of salmon have reached 159,610 tonnes, down 4% on those of the same period in 2016 and down 5% on those of 2015.

Graph 3: Weekly Norwegian exports of fresh farmed salmon,
2013/2017, in tonnes

Source: Norwegian Statistics

Exports of frozen products during the week reported 629 tonnes. This figure is up 63% on that of the previous week, down 13% on that of the same week in 2016 and up 24% on that of 2015. So far this year, exports of frozen salmon have reached 4,743 tonnes, down 16% on those of the same period in 2016 and up 7% on those of 2015.

Graph 4: Weekly Norwegian exports of frozen farmed salmon,
years 2013/2017, in tonnes

Source: Norwegian Statistics

By DGA

www.fis.com


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