The global farmed salmon industry is entering a new period of production growth that is expected to last for several years, according to Gorjan Nikolik, senior global seafood specialist at Rabobank.

“Until recently -- since the beginning of 2022 -- we’ve had continuously negative global supply,” said Nikolik, with the first half of 2022 and first half 2023, both “very negative halves of the year with peak prices.”

However, the sector is now entering a period of more structural recovery, he said.