
The Smallest August Supply Bump in Three Years, and Salmon Prices Fell Anyway
The seasonal August harvest pickup arrived, but at half the size of the last two years, and fresh whole salmon price broke a three-week run of gains.
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The seasonal August harvest pickup arrived, but at half the size of the last two years, and fresh whole salmon price broke a three-week run of gains.

Real-time vessel tracking shows Norway's weekly harvest topping out in late June, and the price, for once, climbing straight through it.

U.S. salmon imports rose ~18,000 tonnes in the first seven months of 2025, yet the average price per kilo fell 8.5%, squeezing exporter margins.

Early September cod landings reached about 26,645 tonnes across Iceland, Norway and the Faroes, while first-sales prices held firm around EUR 4.48/kg.

As the holiday season approaches, Icelandic auction prices for Atlantic cod have surged to record highs, driven by constrained supply and strong seasonal demand.

Poland is the largest importer of Norwegian salmon and a crucial processing hub. As 2024 ends, supply patterns are shifting and forecasts point to tighter availability.

Norway-to-U.S. salmon export volumes trended down through 2024, but fresh whole salmon imports rose, pointing to a growing U.S. preference for whole fish.

Introducing OceansEX, an auction index tracking Atlantic cod prices in Iceland and Norway, as the market approaches a new quota year and looming 2025 cuts.
A look at the data behind U.S. salmon imports in the first five months of 2024: volumes down 6.1%, values down 12.1%, and average price per kilo up 4.9%.
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