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Salmon/Farmed Fish

 
Report Date: Monday, November 05, 2018
 
 
 

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 for November is NOK 62.00 (EUR 6.49/kg), while that for December and January is expected to reach NOK 67.00 and 66.60 (EUR 7.00 and 6.94).

During week 43, the average price of fresh salmon was NOK 57.77 (EUR 6.05/kg). This price is down 2% on that of the previous week and up 9% on that of the same week in 2017. Regarding the same week in 2016, it is down 6% in value, according to Norwegian Statistics. The weekly FOB price of fresh salmon exports (HS 03121201 and 03121202) at Norwegian Customs averaged NOK 61.86/kg (EUR 6,48/kg), down 2% on that of the same period in 2017 and up 4% on that of 2016.

Graph 1: Average weekly price of fresh farmed salmon exports,
2014/2018, in NOK/kg

Source: Norwegian Statistics

The average price of exports of frozen salmon was NOK 62.28 (EUR 6.53/kg), down 2% on that of the previous week and up 1% on that of the same week in 2017; it was down 5% on that of 2016. So far this year, the average price of frozen salmon exports has been NOK 58.86 (EUR 6.17/kg), down 10% in value on that of the previous year and up 3% on that of 2016.

Graph 2: Weekly average price of exports of
frozen farmed salmon, 2014/2018, in NOK/kg

Fuente: Estadísticas de Noruega

Markets

Exports of fresh salmon during the analysed week reported 19.103 tonnes. This figure is down 8% on that of the previous week and down 6% on that of the same week in 2017; it was down 13% on that of the same week in 2016. So far this year, exports of salmon registered 724,989 tonnes, up 8% on that of the same period in 2017 and 2016.

Graph 3: Weekly Norwegian exports of fresh farmed salmon,
2014/2018, in tonnes

Source: Norwegian Statistics

Exports of frozen products during the week reported 536 tonnes. This figure is up 21% on that of the previous week and 6% on that of the same week in 2017, it was down 22% on that of the same week in 2016. During the year, exports of frozen salmon registered 15,003 tonnes, down 14% on that of the same period in the previous year and 29% on that of the same period in 2016.

Graph 4: Weekly Norwegian exports of frozen farmed salmon,
years 2014/2018, in tonnes

Source: Norwegian Statistics

By DGA

www.fis.com


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