The salmon spot price has fallen from the heady heights reached earlier this year but is still higher than it was at any time last year and through most of 2020. Source: Akvafakta.

Big drop in salmon price

The spot price of Norwegian farmed salmon took a large hit last week (week 29), falling by NOK 13.10 per kilo to NOK 78.19, according to industry statistics provider Akvafakta.

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However, that price was still NOK 13.26/kg above the same week last year, when the price was NOK 64.93/kg.

The export price (average price product weight free on board) for fresh salmon was NOK 81.27/kg in week 29.

Norway exported 26,506 tonnes (round weight) in week 29, which is 2% less than the same week in 2021.