The outlook for Norwegian salmon producers share prices in 2023 hinges on a decision by lawmakers on the level of a new controversial tax on the sector that will be implemented this year.

Despite this uncertainty, investors are not abandoning the salmon sector and share prices of some of the largest producers have bounced back noticeably, market analysts told IntraFish.

From the week before the tax announcement, salmon companies lost about 30 percent of their valuation on average, Nordea seafood analyst Herman Dahl calculates.