Ex-Vessel Price by Processor: 2018 - 2019 - 2020 (as of 11/11/2020, compiled by BBFA) Selected Market Prices: PDF (updated October 2020) Global Sockeye Supply: PDF (updated September 2020) *see Tradex Foods 8/3/20 video for update on 2020 harvest - LINK *ASMI Alaska Salmon 2020 Harvest Updates - LINK. Executive editor: Erich Guerrero Norwegian farmed salmon. The average price so far this year is NOK 72.11 per kg compared to 57.55 NOK per kg at the same time in 2019. Meanwhile, Fish Pool has prices for week 45 lifting 1.1% to NOK 42.80/kg, or €3.90/kg. Two UK processing sources told Undercurrent that prices for week 49 of 2020 were set to be flat week-on-week. COVID-19 recap, Nov. 26: 2020 shrimp output better than feared? Copyright © 2018 FishFarmingExpert. Figure 82: Global: Salmon Market: Average Prices (in US$/Ton), 2014-2019 Figure 83: Global: Salmon Market Forecast: Average Price (in US$/Ton), 2020-2025 Figure 84: Salmon Market: Price Structure Analysis (in %) Figure 85: Salmon Industry: Profit Margins at Various Levels of the Supply Chain Figure 86: Salmon Processing Plant: Detailed Process Flow Alaska Department of Fish and Game P.O. Sign up to our newsletter, Processors' lackluster ops beyond Bristol Bay seen as driver of low 2020 salmon price, Trade insights: 100,000t cut from China's shrimp imports since COVID-19 scare, Moroccan octopus prices rise further; Mexican season worst in ten years, Ecuadorian tuna fleet makes final push for MSC certification. That was significantly higher (10.3%) than the same week in 2019. Spot prices for Norwegian farmed salmon rose marginally in week 45 of 2020, according to the NASDAQ Salmon Index. There has been a 2% fall in total over the past four weeks. According to Norwegian statistics organisation Akvafakta, the salmon price rose by NOK 6.14 (£0.51) per kg last week (Week 9) and ended at NOK 73.48 per kg, the highest Week 9 price in modern aquaculture history. One of the reasons is that the deaths of millions of fish caused by algal blooms in northern Norway last year means the country’s fish farmers have a smaller biomass to harvest this year. Spot prices for Norwegian farmed salmon rose marginally in week 45 of 2020, according to the NASDAQ Salmon Index. Export volumes were stable from the prior week, at 21,382 metric tons. The Fish Pool Price Status Report, meanwhile, presents export volume of fresh, gutted salmon of all sizes, both head-on and head-off (not fillets or frozen export). You're missing out. The panel is representative of the total export out of Norway, NASDAQ says. On top of that, Wink said the strength of the U.S. dollar could hurt Alaska fishermen in export markets and lower prices for farmed salmon worldwide aren’t likely to help either. Vessels in Cordova Harbor. Processors' lackluster ops beyond Bristol Bay seen as driver of low 2020 salmon price Trade insights: Ecuador's October shrimp exports surge at low prices Carnegie bullish on 2021 salmon … Box 4084 Sandviken Fax: +47 55 54 13 01, Publisher: Gustav-Erik Blaalid Land-based salmon farming: threat or supplement in the long-term? NASDAQ Salmon Index Week 47/2020 The NASDAQ Salmon Index (NQSALMON) is the weighted average of weekly reported sales prices and corresponding volumes in fresh Atlantic Superior Salmon, head on gutted (HOG), reported to Nasdaq Copenhagen, BMR Administrator by a panel of Norwegian salmon exporters and salmon producers with export license. Nystøyl also believes it is difficult to estimate how the coronavirus will affect consumer demand. E-mail: [email protected] To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings. We use cookies for performance, security and analytics. Ragnar Nystøyl, chief analyst at Kontali, is predicting modest growth of 3% in the world’s biggest salmon producing country, Norway. Subscribe to our newsletter to receive updates from us. Salmon prices are likely to remain high in 2020 because of low volume growth, an industry analyst has told delegates attending the North Atlantic Seafood Forum in Bergen this week. Editor Magazine & Web: Gareth Moore He points out that the fear of the virus is preventing people in some countries going to restaurants, where much of the salmon sold to countries such as China is consumed. Box 115526 1255 W. 8th Street Juneau, AK 99811-5526 Office Locations Credit: Benchmark, Ecuador to compete with Chinese squid fleet in eastern Pacific, Chilean salmon spot prices continue to lift, Norwegian ease, Scottish flat, Rabobank: 2020 farmed shrimp output drop may be less than expected, Fresh Norwegian salmon exports rise despite fall to Asian markets in week 47, Small Spanish, Greek bass, bream prices drop, Turkish remain stable, Rafael aka ‘Codfather’ faces federal charges, Leroy’s salmon farming ops outperform expectations to buck trend of tough Q3s, DataSalmon: Chile salmon prices plummet in week 44, Chilean salmon price set low, Norwegian, Scottish to barely change, Norwegian fresh salmon export value drops further in week 44, Like this article? privacy policy and terms. 29-03-2020 Good production in both Norway and Chile in the first half of 2019 saw farmed Atlantic salmon prices fall steeply throughout the summer. The index has prices increasing by 2.6% week-on-week, to NOK 42.49 ($4.68) per kilogram. (Oct. 5, 2020) Photo by Zachary Snowdon Smith/The Cordova Times. All rights reserved. We use MailChimp as our email campaign platform. Alaska Department of Fish and Game P.O. On top of that, Wink said the strength of the U.S. dollar could hurt Alaska fishermen in export markets and lower prices for farmed salmon worldwide aren’t likely to help either. By subscribing, you agree that the information you provide will be transferred to MailChimp for processing in accordance with their Please check your inbox to reset your password securely and easily. There are a few notable mentions for Alaska’s 2020 salmon fishery. We’ve sent a link to to change your password. The NASDAQ Salmon Index is the weighted average of weekly reported sales prices and corresponding volumes in fresh Atlantic superior salmon, head on gutted, reported to Nasdaq Commodities by a panel of Norwegian salmon exporters and salmon producers with export license. Also low were pink prices – a nickel a pound compares to a regionwide average of 33 cents in 2019. In two weeks the price has risen by NOK 12.15 per kg. 5835 BERGEN Join the global community relying on Undercurrent News for quality reporting. Salmon prices are likely to remain high in 2020 because of low volume growth, an industry analyst has told delegates attending the North Atlantic Seafood Forum in Bergen this week. Spot prices for Norwegian farmed salmon rose marginally in week 45 of 2020, according to the NASDAQ Salmon Index [...]. Norway, Phone: +47 55 54 13 00 Food Size Price; Aussie-tizers: Bloomin’ Onion: $8.99: Aussie Cheese Fries Regular: Regular: … Box 115526 1255 W. 8th Street Juneau, AK 99811-5526 Office Locations ; Seabass, bream prices dip, Russian Fishery, PCA court showdown over MSC pollock exclusion pushed back, Young’s hires long-time Seachill sales director with strong Tesco ties, UK seafood heavyweights fight for Tesco shrimp, whitefish contracts, COVID-19 recap, Nov. 25: China shrimp imports depressed, but German salmon consumption booms, Trade insights: 100,000t cut from China’s shrimp imports since COVID-19 scare, Global farmed, wild whitefish production set for rebound after 2020 drop, COVID-19 recap, Nov. 24: Alaska processors’ woes; Cooke UK’s dip; Premier’s pain. Nearly 75 percent of the value of Alaska’s salmon exports is driven by sales between July and October. The price is also NOK 16.73 per kg higher than in the same week last year. Despite the Chinese market being much reduced, the spot price of salmon has risen in the last two weeks.