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  1. nordiccreditrating.com › uploads › 2023-03Salmon prices likely to remain strong due to low supply growth

    We believe that increased demand and higher production costs will support global salmon prices and more than compensate producers for any negative effect from a European recession. However, significant uncertainty remains, and our base-case scenario is that salmon prices will average NOK 90 per kg over the next three years. We expect,

  2. nordiccreditrating.com › uploads › 2022-03Salmon prices likely to remain strong as COVID-19 recedes

    and 2024. We believe that increased demand and higher production costs will support global salmon prices and more than compensate producers for any negative effect from lower demand in Russia, Ukraine and Belarus. While significant uncertainty exists, particularly in the longer-term perspective, our base-case scenario is that salmon prices will ...

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  4. www.fao.org › in-action › globefishSalmon - Main producers see record-breaking exports

    May 31, 2023 · Salmon - Main producers see record-breaking exports. Inflation, increased energy, raw materials and feed costs marked 2022. The volume of global salmon production declined slightly compared to 2021, while exports from the main producers reached historic highs in value terms. Fluctuations in production is expected to normalize in 2023, with an ...

  5. www.fishfarmingexpert.com › fishmeal-gorjanSalmon industry will be most profitable aquaculture sector in ...

    Jan 16, 2024 · The salmon industry will continue to be the world’s most profitable aquaculture sector in the first half of 2024, a new report by analysts at Rabobank concludes. “Normalising salmon supply and likely better fish meal and fish oil production will soften prices in 2024, but only marginally, establishing a new higher price normal,” said the ...

  6. www.globalseafood.org › advocate › salmonSalmon aquaculture to remain strong in 2024, but shrimp ...

    Jan 18, 2024 · Overall, it’s expected that demand for salmon will remain strong in all major markets, with Europe and the U.S. expected to improve demand in 1H of 2024. Given the persistently strong demand that exceeds supply, it’s projected that salmon prices in 1H 2024 will stay high. Aquaculture is winning, Rabobank analyst explains

  7. www.globalseafood.org › advocate › aquacultureAquaculture sector enters second half of 2024 with growing ...

    Jul 16, 2024 · The global shrimp industry is cautiously emerging from one of the worst periods in the industry’s history. Low prices unseen for at least a decade, combined with high costs due to El Niño-induced shortages of fishmeal, made shrimp farming unprofitable globally. In early 2024, prices in the West bottomed out and are now gradually normalizing.

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  9. nordiccreditrating.com › uploads › 2021-06Low supply growth and strong demand drive salmon prices

    Figure 4. Regression changes in global GDP and EUR salmon price A clear factor impacting demand for salmon is the change in purchasing power. Global GDP growth is an approximation of changes in purchasing power, which have a low correlation (21%) with changes in salmon supply. Global GDP growth fell from an average of 3% between 2001 and 2011 ...