Norwegian salmon prices finally appear to have bottomed out in 2022 after weeks of decline, with market sources putting prices for fish delivered next week NOK 3-5 (€0.30-€0.50/$0.30-$0.50) higher.

Prices for the main 3-6 kg industrial sizes were expected to end up fetching NOK 56-58 (€5.60-€5.80/$5.60-$5.80)/kg on the spot market next week, one market source told IntraFish.

As workers in the European processing industry return to work, demand was expected to start picking up again this week.

Prices have fallen from a historic record of around NOK 125 (€12.50/$12.50)