SalMar's Ocean Farm 1 is part of SalMar Aker Ocean, which contributed 4,800 gwt in Q1.

SalMar harvested 52,900 tonnes of salmon in first quarter

Average size and quality reduced by jellyfish attacks but volume boosted by semi-offshore crop


SalMar, the world’s second largest Atlantic salmon farmer, harvested 52,900 gutted weight tonnes in Norway and Iceland in the first quarter of 2024, it said in a trading update today.

“As previously communicated, the impact of string jellyfish has resulted in low superior share and average size on the fish harvested in Northern Norway in the quarter,” said SalMar.

Nonetheless, the harvest volume was higher than the 48,600 gwt harvested in Q1 2023, as a result of volume from the company’s semi-offshore operation, SalMar Aker Ocean. There was no equivalent semi-offshore harvest in the same period last year.

The harvest split was:

  • Farming Central Norway: 27,800 gwt
  • Farming Northern Norway: 17,500 gwt
  • SalMar Aker Ocean: 4,800 gwt
  • Icelandic Salmon: 2,800 gwt
  • Total: 52,900 gwt

SalMar does not include its share of its harvest volume from Scottish Sea Farms, which it owns 50-50 with Lerøy Seafood, in its quarterly harvest volumes because SSF is classed as an associate company, not a subsidiary.

SalMar’s full Q1 2024 report will be released on May 14.