Prices expected to rebound toward EUR 6.12 per kilo.
Norwegian salmon spot prices are expected to rise next week to around EUR 6.12/kg (USD 7.07/kg), up from EUR 5.86-5.95/kg (USD 6.77-6.87/kg) this week, according to market analysts.
The increase comes as harvesting activity eases following elevated slaughter linked to infectious salmon anaemia (ISA), a viral disease affecting farmed salmon.
Norwegian export volumes reached 30,980 tonnes in week 23, up 5.2% year on year and 11.5% from the previous week. Export value rose 12.5% to EUR 195 million, while the four-week rolling export value increased 10.6%.
Demand has remained resilient. Imports of whole fresh Norwegian salmon into major European processing markets, including Denmark and Poland, rose around 17% over the past eight weeks, ahead of an 11% increase in supply. Imports into China, Vietnam, Hong Kong and Taiwan increased 26%.
Recent supply growth was boosted by ISA-related harvesting, which analysts estimate added roughly 10% to volumes. With that effect now fading, harvest volumes are expected to ease in the weeks ahead, supporting prices.
Each week, SalmonBusiness gathers salmon price forecasts from industry analysts for the week ahead. Unless otherwise stated, prices refer to Superior 3–6 kg salmon, per kilo FCA Oslo, converted using the day’s average exchange rate.
