Norway salmon spot price edges up despite record export week
Norway set a new all-time record for weekly salmon exports in week 38 of 2026, shipping 43,800 tonnes, yet the spot price still managed a marginal increase. Farmed cod exports also surged year-on-year, with volumes and values running well ahead of 2025 levels.
Norway shipped a record 43,800 tonnes (round weight) of salmon in the week ending 19 September 2026, surpassing the previous record set in mid-August by 245 tonnes, according to data reported by Fish Farming Expert. The weekly volume was 22.3% higher than in the same week in 2025.
Despite the all-time high export volume, the spot price of Norwegian salmon edged marginally higher, rising by NOK 0.19 per kilogram to reach NOK 65.94 (£5.18) per kilogram. That level remains NOK 7.34/kg below the equivalent week in 2025, and the average spot price so far in 2026 stands at NOK 75.73/kg, compared with NOK 76.10/kg over the same period last year.
On a cumulative basis, Norway has exported 1.21 million tonnes (round weight) of salmon so far in 2026, a rise of 6.1% on the same period of 2025.
Farmed cod volumes surge
Norway's farmed cod sector also recorded strong year-on-year growth. According to the Norwegian Seafood Council, 377 tonnes (round weight) of farmed cod were exported in week 38, representing a 36% increase on the previous week and a 65% rise compared with the same week in 2025. The export price came in at NOK 84.73/kg, marginally lower than the preceding week by NOK 0.07/kg, but NOK 12.21/kg above the level recorded in the same week last year.
Year-to-date farmed cod exports reached 11,444 tonnes (round weight) at an average price of NOK 78.81/kg, up 10.3% by volume and 16.5% in value compared with the same period in 2025, the Norwegian Seafood Council reported.
Prepared with AI assistance and reviewed by the editorial team.
