Norway's salmon supply has increased steadily in 2017.
As the supply of salmon increases, the price of salmon will fall, according to a report by the Norwegian market research firm Kontali. Global salmon supply increased by 11% to 12% in the fourth quarter of 2017, and its prices fell by about 25%.
Europe is a major sale of Norwegian salmon, salmon but even though the market supply increases, the European supermarket chain's cost is not willing to sale, this leads to the Norwegian salmon in the European market sales are affected.
According to Kontali, global Atlantic salmon supply will increase by 40,000 to 45,000 tons in 2017, while supply in Europe will be reduced by around 20,000 tons. Norwegian salmon exports to the United States and other major countries grew at 41 percent and 44 percent last November.
Norwegian salmon production was 122,000 tons in November and 111,000 tons in the same period of 2016. The cumulative production for the first 11 months of last year was 782,300 tons.