Salmon costs continued their regular climb within the method to Easter this week – though by not as a lot as had been anticipated only some days in the past.
Statistics Norway studies that the typical worth for contemporary salmon was NOK 62.06 in week 12, the second highest degree thus far this yr. This represents a rise of three.5% in contrast with the earlier week and 1.3% from the identical interval final yr, when the Covid-19 pandemic was already impacting a lot of the world.
Final weekend some trade observers had predicted worth ranges to hit the NOK 70 barrier this weekend, particularly for 3 to 6 kilo fish, on the again of excessive demand over the Easter vacation.
The final time costs had been at this degree was in June final yr, when many international locations began to come back out of lockdown after the primary Covid wave. It was a state of affairs which didn’t final for lengthy.
It’s simply attainable contemporary salmon might go a bit larger within the closing couple of days earlier than the vacation break.
The general excellent news is that in Norway exports volumes are rising. Throughout the previous week 20,495 tonnes of contemporary salmon had been bought to abroad clients, a rise of 15.8% on the earlier week.
Frozen salmon costs are additionally on the up. Week 12 noticed an increase of three.5% to NOK 62.06 a kilo, though ranges and virtually 7% decrease than this time a yr in the past.
Norway’s salmon exports are additionally exhibiting an enormous surge in development by quantity, totalling 443 tonnes, 60.5% up on a yr in the past.