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Salmon/Farmed Fish

 
Report Date: Monday, April 24, 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 for 3 to 6 kg is NOK 63.80 (EUR 6.90/kg) for May; for June and July they expect it to be NOK 63.70 and 61.80 respectively (EUR 6.87 and 6.66/kg).

During week 15, the average price of fresh salmon was NOK 65.13/kg (EUR 7.14/kg). This price is up 4% on that of the previous week and 17% on that of the same week in 2016. Compared with the same week in 2015, it is up 54%, according to Norwegian Statistics. The weekly average FOB price at Norwegian Customs of fresh salmon exports (HS 03121201 and 03121202) has been NOK 65.54/kg (EUR 7.19/kg) so far this year, up 15% on that of the same period in 2016 and 53% 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 62.74/kg (EUR 6.88/kg), down 5% on that of the previous week. This figure is up 11% on that of the same week in 2016 and 43% on that of the same week in 2015. During this year, the average price of frozen salmon exports has been NOK 68.56 (EUR 7.52/kg), up 36% 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 11,516 tonnes. This figure is down 38% on that of the previous week, 30% on that of the same week in 2016 and 27% on that of 2015. In the year, exports of salmon have reached 223,956 tonnes, similar to 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 331 tonnes. This figure is down 16% on that of the previous week, up 13% on that of the same week in 2016 and down 30% on that of 2015. So far this year, exports of frozen salmon have reached 6,898 tonnes, down 4% on those of the same period in 2016 and up 13% 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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