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Salmon/Farmed Fish

 
Report Date: Monday, June 26, 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 65.80 (EUR 6.94/kg) for July; for August and September they expect it to be NOK 60.00 and 57.50 respectively (EUR 6.31 and 6.04/kg).

During week 24, the average price of fresh salmon was NOK 67.87/kg (EUR 7.17/kg). This figure is down 3% on that of the previous week and 8% on that of the same week in 2016. Compared with the same week in 2015, it was up 64%, according to Norwegian Statistics. The weekly average FOB price at Norwegian Customs of fresh salmon exports (HS 03121201 and 03121202) has been NOK 66.44/kg (EUR 7.01/kg) so far this year, up 14% on that of the same period in 2016 and 61% 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 69.42/kg (EUR 7.33/kg), down 1% on that of the previous week. This figure is up 18% on that of the same week in 2016 and 72% on that of the same week in 2015. During this year, the average price of frozen salmon exports has been NOK 67.86 (EUR 7.16/kg), up 29% on that of 2016 and up 53% 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 13,680 tonnes. This figure is up 7% on that of the previous week, down 4% on that of the same week in 2016 and down 21% on that of 2015. In the year, exports of salmon have reached 346,363 tonnes, down 3% on those of the same period in 2016 and 10% 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 345 tonnes. This figure is up 50% on that of the previous week, down 47% on that of the same week in 2016 and 52% on that of 2015. So far this year, exports of frozen salmon have reached 10,216 tonnes, down 16% on those of the same period in 2016 and 1% on those of the same period 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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