Norway Report on Salmon/Trout Profitability Show Record High Prices, Increased Costs in 2022
The Norwegian Directorate of Fisheries’ profitability survey for 2022 shows a sharp increase from 2021 to 2022 due to record high sales prices for salmon and rainbow trout in 2022, but also shows that production costs continue to increase.
The agency’s calculations show that producers of salmon and rainbow trout (hatchery and fish production) achieved a total ordinary profit before tax of NOK 36.3 billion in 2022. This amounted to NOK 35.5 billion for companies with fish production, and NOK 0.8 billion for companies with hatchery ...
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