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Salmon/Farmed Fish

 
Report Date: Monday, February 20, 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 66.60 (EUR 7.52/kg) for March; for April and May they expect it to be NOK 68.50 and 68.30 respectively (EUR 7.71 and 7.67/kg).

During week 6 of 2017 (9 to 15 January), the average price of fresh salmon was NOK 64.96/kg (EUR 7.28/kg). This figure is down 2% on that of the previous week and up 22% on that of the same week in 2016. Compared with the same week in 2015, it was up 50%, according to Norwegian Statistics. The weekly average FOB price at Norwegian Customs of fresh salmon exports (HS 03121201 and 03121202) has been NOK 70.25/kg (EUR 7.87/kg) so far this year, up 29% on that of the same period in 2016 and 59% on that of 2015.

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

Source: Norwegian Statistics

During the same week, the average price for frozen salmon exports was NOK 72.02/kg (EUR 8.07/kg), similar to that of the previous week. This figure is up 65% on that of the same week in 2016 and 58% on that of the same week in 2015. During this year, the average price of frozen salmon exports has been NOK 70.14 (EUR 7.86/kg), up 45% on that of 2016 and up 48% 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 14,901 tonnes. This figure is up 3% on that of the previous week, 4% on that of the same week in 2016 and 1% on that of 2015. In the year, exports of fresh salmon have reached 82,850 tonnes, down 5% on those of the same period in 2016 and 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 584 tonnes. This figure is up 115% on that of the previous week, down 10% on that of the same week in 2016 and up 9% on that of 2015. So far this year, exports of frozen salmon have reached 2,099 tonnes, down 18% on those of the same period in 2016 and 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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