SalmonPrices Bulletin

Issue 001 · Week 21 · May 2026

01Norway · Prices and volumes Data through Week 20 (11–17 May) · 2026

Source · Statistics Norway
Key points
  • Prices for fresh whole salmon was 77.29 NOK/kg in week 20, equivalent to 7.18 EUR/kg.
  • The week 20 price was down 6.4% W/W, up 0.3% Y/Y, and 17.8% below the five-year average for week 20.
  • The YTD average price was 86.64 NOK/kg, down 5.2% compared with 2025.
  • In recent years, spring price peaks have generally occurred in weeks 11–18, while annual lows have typically occurred in weeks 31–40.
Prices · Fresh Whole Atlantic Salmon
Latest week · W20
77.29NOK/kg
7.18EUR/kg
W/W -6.4%
Y/Y +0.3%
52-week high
103.59NOK/kg
8.76EUR/kg
Week 52, 2025
52-week low
60.58NOK/kg
5.11EUR/kg
Week 31, 2025
YTD average · 2026
86.64NOK/kg
7.72EUR/kg
vs 2025 -5.2%
Current week vs 5-yr avg
-17.8%
vs Week 20 · 2021–2025 avg 93.99 NOK/kg
Salmon export price — fresh whole · annual comparison
EUR per kg · weekly · 2021–2026
2026 through W20
Key points
  • Fresh whole exports reached 381,641 tonnes in the first 20 weeks, 12.1% above the same period in 2025.
  • Total whole exports (fresh + frozen) are up +11.5% Y/Y through W20.
Volumes · Fresh and Frozen Whole Atlantic Salmon
Fresh whole · W20
20,806 tonnes
W/W -1,160 (-5.3%)
Y/Y +1,283 (+6.6%)
Fresh whole · First 20 weeks 2026
381,641 tonnes
vs 2025 +41,164 (+12.1%)
Frozen whole · W20
363 tonnes
W/W -208 (-36.4%)
Y/Y -135 (-27.1%)
Frozen whole · First 20 weeks 2026
9,518 tonnes
vs 2025 -953 (-9.1%)
Total whole · First 20 weeks 2026
391,159 tonnes
vs 2025 +40,211 (+11.5%)
Norway whole exports — first 20 weeks
Fresh + frozen Atlantic salmon · tonnes · 2021–2026
YTD through W20

02Norway · Supply fundamentals Data through April · 2026

Source · Fiskeridirektoratet · April 2026
Key points
  • Harvest YTD through April was 495 thousand tonnes, compared with 478 thousand tonnes in 2025.
  • Biomass at end-April was 852 thousand tonnes, compared with 850 thousand tonnes in 2025.
  • Feed use YTD through April was 537 thousand tonnes, compared with 531 thousand tonnes in 2025.
  • Smolt released YTD through April was 62.3 million fish, compared with 61.2 million in 2025.
Harvest · April
121,808 t
M/M -3.2%
Y/Y -4.3%
Biomass · end of April
852,493 t
M/M -0.2%
Y/Y +0.3%
Feed use · April
137,902 t
M/M +5.9%
Y/Y +3.2%
Smolt released · April
41.18 M fish
M/M +170.1%
Y/Y +2.7%
Harvest — first 4 months
Thousand tonnes (live weight) · 2021–2026
YTD through Apr
Biomass — end of April
Thousand tonnes (live weight) · 2021–2026
Snapshot
Feed use — first 4 months
Thousand tonnes · 2021–2026
YTD through Apr
Smolt released — first 4 months
Million fish · 2021–2026
YTD through Apr

03Chile · Atlantic exports Data through April · 2026

Source · Servicio Nacional de Aduanas · April 2026 · Atlantic only
Key points
  • Fresh whole Atlantic salmon was 5.47 EUR/kg in April, equivalent to 6.40 USD/kg.
  • Fresh fillets were 8.77 EUR/kg in April; frozen fillets were 9.48 EUR/kg.
  • Atlantic whole exports reached 104.2 thousand tonnes YTD through April, up 33.9% Y/Y.
  • Atlantic fillet exports reached 96.4 thousand tonnes YTD through April, up 18.4% Y/Y.
Fresh whole
6.40USD/kg
5.47EUR/kg
Volume 18,790 t
Y/Y vol +11.8%
Frozen whole
5.84USD/kg
4.99EUR/kg
Volume 4,618 t
Y/Y vol -24.0%
Fresh fillet
10.27USD/kg
8.77EUR/kg
Volume 14,207 t
Y/Y vol +1.6%
Frozen fillet
11.10USD/kg
9.48EUR/kg
Volume 7,343 t
Y/Y vol -3.7%
Chile Atlantic whole exports — YTD through April
Fresh + frozen whole · tonnes · 2021–2026
YTD through Apr
Chile Atlantic fillet exports — YTD through April
Fresh + frozen fillets · tonnes · 2021–2026
YTD through Apr

04Demand tracker · EU, USA and China EU through Week 18 · USA and China through Q1 · 2026

EUMOFA · NOAA FOSS · GACC
Key points
  • EU imports through week 18 were 257,227 tonnes whole salmon and 50,678 tonnes fillets, up 9.4% and 1.5% Y/Y respectively.
  • USA Q1 imports were 35,536 tonnes whole salmon and 71,669 tonnes fillets; whole imports were up 13.9% Y/Y, while fillets were down 0.3% Y/Y.
  • China Q1 imports were 46,550 tonnes whole salmon and 1,631 tonnes fillets, up 55.2% and 112.9% Y/Y respectively.
  • Whole salmon imports increased across all three markets, with the largest percentage increase in China.
EU imports · YTD W18
257,227t whole
50,678t fillets
Whole Y/Y +22,099 (+9.4%)
Fillet Y/Y +754 (+1.5%)
USA imports · YTD Q1
35,536t whole
71,669t fillets
Whole Y/Y +4,348 (+13.9%)
Fillet Y/Y -207 (-0.3%)
China imports · YTD Q1
46,550t whole
1,631t fillets
Whole Y/Y +16,559 (+55.2%)
Fillet Y/Y +865 (+112.9%)
EU salmon imports — first 18 weeks
Whole fish vs fillets · tonnes · 2021–2026
YTD through W18
USA salmon imports — first 3 months
Whole fish vs fillets · tonnes · 2024–2026
YTD through Mar
China salmon imports — first 3 months
Whole fish vs fillets · tonnes · 2021–2026
YTD through Mar