Norway's salmon spot price nudged back into the seventies last week

The market-influencing spot price of Norwegian farmed salmon increased by NOK 1.23/kg last week (week 42), up to NOK 70.02 (£5.56) per kilo. It was the first time in 11 weeks that the price had climbed into the seventies, although it was still NOK 1.42/kg below the price in the same week last year.

The average spot price so far this year is NOK 75.12/kg, compared to NOK 75.82/kg a year ago, according to sector statistics provider Akvafakta.

After eight consecutive weeks in which Norway’s weekly salmon export volumes exceeded 40,000 tonnes, the volume fell last week to 39,726 tonnes (round weight), although this figure is still 5.1% above the same week in 2025.

So far this year, 1.38 million tonnes of salmon have been exported from Norway, which is 7.1% more than in the same period a year ago.

As of week 39, 1.76 million tonnes of salmon and trout feed had been sold in Norway, 7% more than at the same time last year.

Cod

Norway exported 254 tonnes (round weight) of farmed cod in week 42. This is down 24% from the previous week and almost halved from the week before that.

The export price achieved in week 42 was NOK 85.60/kg, which is up NOK 3.18 from week 41.

So far this year, 12,794 tonnes of farmed cod have been exported, 9.7% more than in the same period in 2025.

The average export price obtained is NOK 79.31/kg, 16.5% better than the status a year ago.