Rising raw material prices may push up smoked salmon prices, but those in the industry feel demand will not falter.

market started at $3.50 (€3.22) per pound but ended the year at $5.73 (€5.27) per pound, a 64 percent jump, according to the SalmonEx and DataSalmon Index.

For smoked salmon producers and suppliers, some say they've seen an impact while others say the impact is felt if companies don't adjust accordingly or diversify.

"[Last year] was a difficult year for the smoked salmon industry as the price for raw material increased by 30 percent in a short amount of time due to the algae bloom affecting the Chilean farms," Hamish Rose of Hickory Smokehouse, a part of the MacKnight Food Group, told IntraFish.

"Processors