European promotions, currency driving up Norwegian salmon prices

Norway exported 246,000 metric tons (MT) of farmed Atlantic salmon worth NOK 15.8 billion (USD 2 billion, EUR 1.6 billion) in the first-quarter of this year, which represented a 6 percent increase in volume but a 1.5 percent or NOK 240 million (USD 30.7 million, EUR 25 million) reduction in the value of the trade compared with the same period of 2017.

The Norwegian Seafood Council (NSC) highlighted that while the average price of fresh whole salmon for last quarter at NOK 61.11 (USD 7.…

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