NORWEGIAN SALMON PRICES CONTINUE TO DECLINE

Norwegian salmon prices continue to decline. According to the weekly price update from the Nasdaq Salmon Index, the overall weighted average price index of fresh Atlantic salmon gutted with his head fell to NOK 103.08 ($9.56, €8.82) per kilogram in the 19th week of 2023, a panel of Norwegian salmon exporters and producers reported.

The drop averaged 7.7 percent, or NOK 8.60 ($0.80, €0.74), compared with the NOK 111.69 ($10.35, €9.56) reported last week, according to last week’s Nasdaq report. Prices per kilogram reached an average of NOK 127.28 ($12.14, €11.25) in the tenth week of 2023 – an almost historically high price.

Despite the decline, salmon prices are still higher than they were a year ago.

Fish Pool reported that the total sales of Norwegian salmon exporters in the nineteenth week of 2023 decreased by 20 percent, or 3456 metric tons (metric tons), compared to the previous week and increased by 4 percent, or 3066 tons, compared to last year. year.

The volumes sold over the past month were almost the same as a year ago. NORWEGIAN SALMON PRICES CONTINUE

Source