SalMar harvested 73,800 tonnes of salmon in Q4
SalMar, the world's second-largest Atlantic salmon farmer, harvested approximately 73,800 gutted weight tonnes of fish in Norway and Iceland in the last quarter of 2024, the company said in a trading update.
The company harvested 39,700 gwt in its Central Norway region, 27,700 gwt in Northern Norway, and 6,500 gwt via its Icelandic Salmon subsidiary. These volumes add up to 73,900 due to rounding up.
The figure of 73,800 gwt represents a fall of 9,300 gwt (11%) compared to Q4 2023, when SalMar harvested 83,100 gwt, although that figure included 2,300 gwt from offshore farming division SalMar Aker Ocean, which didn’t harvest in Q4 2024.
Reduced expectations
SalMar warned in its Q3 2024 report that farming segments in Norway had been affected by biological challenges, impacting results in the period, and that volume expectations for 2024 had been reduced to 217,000 gwt in Norway.
Today’s figures don’t include SalMar’s share of the volume produced by Scottish Sea Farms, which the company owns 50-50 with Lerøy Seafood Group. SSF expected to produce 40,000 gwt of salmon last year, but a definitive figure won’t be made public until Lerøy and SalMar publish their full Q4 2024 reports next month.
