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Salmon/Farmed Fish

 
Report Date: Monday, September 25, 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 56.25 (EUR 6.01/kg) for October; for November and December they expect it to be NOK 63.00 and 63.50 respectively (EUR 6.46 and 6.77/kg).

During week 37, the average price of fresh salmon was NOK 53.85/kg (EUR 5.73/kg). This figure is down 3% on that of the previous week and up 2% on that of the same week in 2016. Compared with the same week in 2015, it was up 25%, according to Norwegian Statistics. The weekly average FOB price at Norwegian Customs of fresh salmon exports (HS 03121201 and 03121202) has been NOK 64.48/kg (EUR 6.87/kg) so far this year, up 9% 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 59.66/kg (EUR 6.35/kg), up 2% on that of the previous week. This figure is down 2% on that of the same week in 2016 and up 33% on the same week in 2015. So far this year, the average price of exports of frozen salmon has been NOK 66.48 (EUR 7.08/kg), up 18% on that of the previous year and 52% 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 19,307 tonnes. This figure is up 6% on that of the previous week, 4% on that of the same week in 2016 and 9% on that of 2015. In the year, exports of salmon have reached 557,598 tonnes, up 1% on those of the same period in 2016 and down 6% 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 285 tonnes. This figure is down 24% on that of the previous week, 27% on that of the same week in 2016 and 76% on that of 2015. So far this year, exports of frozen salmon have reached 14,285 tonnes, down 18% on those of the same period in 2016 and 30% on that 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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