Norwegian salmon prices continue upward trend

Norwegian salmon prices have floated back up to near record territory, after a short period of remaining flat. 

According to the Nasdaq Salmon Index, the weighted average index of weekly sales prices of fresh Atlantic superior salmon, head-on gutted – reported by a panel of Norwegian salmon exporters and salmon producers – increased to NOK 122.63 (USD 10.61, EUR 9.60) per kilogram in the sixteenth week of 2023.

That represents an average price increase of 2.85 percent, or NOK 3.40 (USD 0.32, EUR 0.29) from NOK 119.24 (USD 11.23, EUR 10.16) reported last week, Nasdaq reported. That price is up 4.2 percent over the past month and 36.6 percent over the past 12 weeks.

The upward movement, after a brief drop in April, kept salmon prices trending well above 2022. 

According to Fish Pool, the reported total sales volume for Norwegian salmon exporters in the sixteenth week of 2023 increased 5 percent, or 795 metric tons (MT), week-over-week, and up 21 percent, or 2,879 MT, year-over-year. 

However, volumes were flat over the most-recent four-week period, 

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