Analyst: Salmon demand to hit 'all-time high' in 2020

Though supply pressure for Norwegian salmon has reduced, volumes remain high and demand is expected to be higher than ever heading into the new year, according to a new report by SpareBank 1 Analyst Thomas Myrholt.

Salmon prices going into next week are up, ranging from NOK 63 (€6.20/$6.90) to NOK 68 (€6.70/$7.40) per kilogram.

Citing periodic double-digit growth in supply into the EU, Myrholt expects, "demand going into 2020 should be at an all-time high," and that the price environment for the first half of next year will remain positive.