Another jump for salmon prices
The market-influencing spot price of Norwegian farmed salmon climbed a good deal last week, and has thus increased by more than NOK 15 in two weeks. Not since early summer in 2024 have there been better prices in regular weeks.
According to the Norwegian Seafood Council (NSC), the spot price of salmon rose by NOK 8.01 per kilo in week 11 to NOK 94.45 (£7.30) per kilo. That price is NOK 12.09/kg better than in the same week last year. You have to go back to week 22 of 2024 to find better prices if you ignore the usual price peaks around Christmas and New Year.
The average spot price so far this year is NOK 85.55/kg compared to NOK 94.37 in the corresponding period in 2024.
Exports
Norway exported 26,044 tonnes (round weight) of salmon in week 11, reports the NSC. This is approximately 3% more than the week before, and 4% more than the same week a year ago.
So far this year, 289,000 tonnes (round weight) of salmon have been exported from Norway, approximately 8% more than in the same period last year.
Feed
According to NSC’s Aquafacts bulletin, 207,000 tonnes of salmon and trout feed had been sold as of week 6, which is 5% more than at the same time a year ago.
Cod
According to the NSC, 211 tonnes (round weight) of farmed cod were exported at a price of NOK 70.59/kg last week.
In terms of volume, it is down 31% from the previous week, and 57% down from the same week last year.
The price is NOK 2.77/kg lower than week 10, and NOK 5.79/kg lower than week 11 in 2025.
The average farmed cod price so far in 2026 is NOK 66.89 NOK/kg compared to NOK 73.70/kg in the corresponding period last year.
So far this year, 3,332 tonnes (round weight) of farmed cod have been exported, 9% less than at the same time a year ago.
