Norway salmon price hits record high
The spot price of Norwegian salmon jumped by a record margin to a record high last week.
According to industry statistics provider Akvafakta, the spot price increased by NOK 12.24 from week 6 to week 7 and ended at NOK 92.29 (£7.68).
This is a record both for price growth in one week and for the price itself. The price is also a record high over the corresponding week last year, with a difference of NOK 44.30 / kg.
The average price so far this year is NOK 74.87 / kg. Such a high average price has never been experienced before.
Lower export volumes
Norway’s export volumes are lower this year than last year, but not dramatically, and the week 7 volume was the best in several weeks. It ended at 26,384 tonnes (whole fish equivalent), 3.6% lower than the same week last year.
So far this year Norway has exported 183,199 tonnes of salmon, a 4.4% lower volume than in the corresponding period last year.
