The salmon price throughout 2021 (grey line) and 2022 (blue line).

Norway salmon fell to its lowest price of 2022 last week

The spot price of Norwegian salmon fell by NOK 6.5 (£0.56) per kilo last week (week 34) and ended at NOK 59.00/kg, the lowest weekly average so far this year.

However, the price was still NOK 7.02/kg over the same week in 2021.

The average spot price so far is NOK 88.56/kg, compared to NOK 57.42/kg last year at the same time.

The export price (average price product weight FOB border) for Norwegian fresh salmon was NOK 65.01/kg in week 34.

More volume

The price drop follows a steady increase in Norway’s export volumes recently. Last week’s volume of 34,179 tonnes was the highest weekly export volume of 2022 and was also 4.2% higher than in the same week in 2021.

So far this year, 841,000 tonnes of salmon have been exported from Norway, 4.4% below the figure for the same period last year.