Salmon fell to 70.76 NOK/KG on July 25, 2025, down 7.90% from the previous day. Over the past month, Salmon's price has fallen 2.98%, and is down 16.73% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Salmon.

Between the years of 2013 and 2023, salmon price index value, taken on the last month of every calendar year, was tumultuous. Characterized by increases and decreases in the salmon index, no clear trend was evident. The highest value of the salmon index during these years was **** U.S. dollars per kilogram, and the lowest value was **** U.S. dollars per kilogram in 2014.

The Salmon Market Report is Segmented by Geography (North America, Europe, Asia-Pacific, South America, Middle East, and Africa). The Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

Mowi ASA's market price of salmon fluctuated in the survey period. In 2010, it amounted to **** euros per kilogram. Salmon of the global seafood company reached a market price of **** euros per kilogram in 2022. Mowi ASA, formerly known as Marine Harvest ASA (until January 1, 2019), is a globally operating seafood company specialized on the production of Atlantic salmon.

Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Salmon (WPU02230103) from Jan 1950 to Dec 2024 about seafood, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.

Learn about the factors that influence the price of smoked salmon, including quality, type, and location of purchase. Find out typical prices in the US and Europe, and why smoked salmon is considered a gourmet item.

Salmon is the most farmed fish in Norway; the country is the world’s largest producer of Atlantic salmon. Its export value of salmon increased significantly in recent years, reaching more than 81  billion Norwegian kroner in 2021. The average export price of fresh whole salmon from Norway fluctuated in the past years. It was highest in the years from 2016 to 2021, peaking at ***** Norwegian kroner per kilogram as of 2018.

Export partners  The main export partner of Norway for salmon measured by export value was Poland. In 2021, Norwegian salmon with a value of almost ** billion Norwegian kroner was exported to Poland. Other important trade partners for Norway for salmon included France, Denmark and the United States.
   Leading fish exporting country  In general, Norway is one of the leading fish and seafood exporting countries in the world. The domestic coastline provides great conditions for the fish industry, which is very important for the country. The export value of fish and seafood from Norway increased annually in recent years, amounting to almost ** million Norwegian kroner in 2017. With roughly ** percent in 2018, salmon made up the largest share of total seafood exports, followed by codfish and mackerel. 

The global salmon market size was valued at 3.7 Million Tons in 2024. Looking forward, IMARC Group estimates the market to reach 4.8 Million Tons by 2033, exhibiting a CAGR of 3.0% during 2025-2033. European Union currently dominates the market (based on consumption), holding a significant market share of over 46.3% in 2024. The rising seafood consumption worldwide, increasing consumer disposable incomes in emerging economies, favorable government policies, and escalating demand for value-added salmon products are some of the major factors propelling the salmon market share.

The global salmon fish market is a dynamic and expanding sector, projected to experience substantial growth over the forecast period (2025-2033). While precise figures for market size and CAGR are absent from the provided data, a reasonable estimation, considering the presence of major players like JCS Fish, Northern Fish Products Co., and Pacific Seafood, suggests a 2025 market size in the range of $5-7 billion USD. This estimate accounts for the significant investments and established market presence of these companies, implying a considerable existing market volume. The market's growth is driven by several key factors, including rising consumer demand for nutritious and sustainable seafood, increasing health consciousness emphasizing omega-3 fatty acids, and the growing popularity of salmon in diverse culinary applications worldwide. Furthermore, advancements in aquaculture techniques, enabling increased production and improved fish quality, contribute significantly to the market expansion. However, challenges remain, such as fluctuating salmon prices due to environmental factors and the potential for disease outbreaks affecting farmed salmon production. Geographic distribution likely shows strong regional variations, with North America and Europe being major consumers and production hubs, followed by regions like Asia-Pacific exhibiting strong growth potential. The forecast period will likely witness continuous market consolidation, with larger companies acquiring smaller ones to gain market share and optimize production capabilities. Innovative product offerings, such as value-added salmon products (e.g., smoked salmon, pre-packaged meals) will fuel market expansion. The increasing focus on sustainable and responsibly sourced salmon will drive market segmentation, with consumers increasingly prioritizing products with eco-friendly certifications. These certifications are expected to become increasingly important in the coming years, differentiating premium products and attracting environmentally conscious consumers. Regulatory frameworks concerning sustainable fishing practices and aquaculture operations will continue to play a significant role in shaping market dynamics and ensuring the long-term sustainability of the salmon industry. Companies will need to adapt to these evolving regulations and consumer preferences to remain competitive.

Graph and download economic data for Global price of Fish (PSALMUSDM) from Jan 1990 to Jun 2025 about seafood, World, and price.

In 2021, the Canadian market for frozen atlantic salmon and danube salmon decreased by -X% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption, however, recorded a resilient increase. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Singapore Retail Prices: Salmon (Per Kilogram) data was reported at 34.460 SGD/kg in Dec 2024. This records an increase from the previous number of 33.700 SGD/kg for Nov 2024. Singapore Retail Prices: Salmon (Per Kilogram) data is updated monthly, averaging 29.685 SGD/kg from Jan 2010 (Median) to Dec 2024, with 180 observations. The data reached an all-time high of 39.820 SGD/kg in Mar 2023 and a record low of 23.420 SGD/kg in Jan 2010. Singapore Retail Prices: Salmon (Per Kilogram) data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.P002: Average Retail Prices: 2019=100.

This statistic shows the average retail price for canned salmon in Canada from ************ to **********. In 2024, the average retail price for canned salmon in Canada stayed fairly constant, fluctuating between a low of **** Canadian dollars and a high of **** Canadian dollars per *** grams.

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Hot Smoking Salmon Market Size 2025-2029

The hot smoking salmon market size is forecast to increase by USD 1.36 billion, at a CAGR of 5.1% between 2024 and 2029.

The market is witnessing significant growth due to the increasing consumer preference for ready-to-eat (RTE) foods and minimally processed items. This trend is driven by the desire for convenience and the growing demand for clean-label products. However, the high price point of hot smoking salmon poses a significant challenge for market growth. Consumers seek affordable alternatives, and companies must find ways to reduce production costs without compromising quality. To capitalize on market opportunities, businesses must focus on innovation and product differentiation. Developing value-added products, such as flavored or smoked salmon varieties, can help attract price-sensitive consumers. Additionally, exploring sustainable production methods and supply chain optimization can help mitigate the cost challenge.
In summary, the market is experiencing robust growth due to consumer preferences for RTE and clean-label products. However, the high price point remains a significant challenge, necessitating innovation, value-addition, and cost reduction strategies. Companies that effectively address these challenges can capitalize on the market's potential and maintain a competitive edge.

What will be the Size of the Hot Smoking Salmon Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, driven by consumer preferences for flavorful, preservative-free smoked salmon. Omega-3 fatty acids, a key health benefit, fuel demand across various sectors. The supply chain adapts to meet consumer demands, with innovative smoking techniques such as cold smoking and organic production gaining traction. Chum salmon, once considered a by-product, is now embraced for its unique flavor profile. Salmon canapés and smoked salmon pate are popular value-added products, while salmon fillets and steaks remain staples. Fish processing advances with the integration of technology, including temperature control systems and refrigeration. Traceability systems ensure transparency and food safety, addressing consumer concerns.

Sustainability certifications and farming practices influence pricing strategies. Dietary trends favor wild-caught salmon, yet farmed salmon's affordability and consistent supply make it a viable option. Smoking techniques vary, from traditional methods using wood chips to modern smoking ovens. Salmon sushi and salmon burgers expand the market's reach. Product development focuses on catering to diverse consumer preferences, such as low-sodium and gluten-free options. The seafood market's dynamics continue to unfold, with ongoing innovation and adaptation shaping the future of hot smoking salmon.

How is this Hot Smoking Salmon Industry segmented?

The hot smoking salmon industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.Distribution ChannelOfflineOnlineEnd-userFood servicesRetailPackagingVacuum packagingCanned packagingTypeHot Smoked Salmon FilletsHot Smoked Salmon PortionsHot Smoked Salmon SidesHot Smoked Salmon FlakesSpeciesAtlantic SalmonPacific Salmon (Coho, Sockeye, Chinook)Rainbow Trout (often smoked like salmon)Flavor/SeasoningNatural/TraditionalPepperedTeriyakiMapleHerbedGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanSouth AmericaArgentinaBrazilRest of World (ROW)

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period.

In the market, retail sales dominate the distribution landscape, with products sold through various retail formats including hypermarkets, supermarkets, convenience stores, clubhouse stores, and department stores. However, the shift to online shopping has led to a decline in revenue generation in the offline distribution channel. To counteract this trend, companies are expanding their presence in local and regional markets and implementing better pricing strategies and more comprehensive assortments. Atlantic salmon remains a popular choice due to its health benefits and desirable flavor profiles, with consumer preferences leaning towards wild-caught and sustainably certified options. Smoking ovens are used to preserve salmon through hot smoking techniques, enhancing its flavor and extending its shelf life.

Other salmon varieties, such as pink, coho, king, sockeye, and chum, are also gaining traction in the market. Product development focuses on value-added items like smoked salmon pate, salmon burgers, an

The global salmon market is experiencing robust growth, driven by increasing consumer demand for healthy and sustainable protein sources. The market size in 2025 is estimated at $50 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033. This growth is fueled by several key factors, including rising disposable incomes in emerging economies, increasing awareness of the health benefits of omega-3 fatty acids found in salmon, and the growing popularity of salmon in various culinary applications. The rising preference for convenient and ready-to-eat meals further boosts the demand for processed salmon products like frozen and canned varieties. The Food Service sector is a major driver, with restaurants and catering businesses incorporating salmon into their menus globally. However, fluctuations in salmon prices due to supply chain disruptions and environmental factors pose a challenge. Furthermore, the increasing focus on sustainable aquaculture practices and traceability is reshaping the market landscape, pushing companies to adopt more environmentally friendly farming methods to meet growing consumer expectations. The market is segmented by product type (frozen, fresh, canned, others), application (food industrial, food service, retail, other), and geography, with North America and Europe currently holding significant market shares. Competitive dynamics are shaped by both large established players and smaller regional producers, all vying for market share in this lucrative and expanding market. The future will see a continued emphasis on innovation, sustainable practices, and the development of value-added salmon products to cater to the evolving consumer preferences. The projected market size in 2033, considering the 6% CAGR, is estimated to be approximately $84 billion. This substantial growth will be driven by continued market penetration in developing nations, expansion of product offerings (e.g., smoked salmon, salmon pâté), and strategic alliances within the supply chain to improve efficiency and sustainability. The industry's response to consumer demand for traceable, sustainably sourced salmon will be crucial in maintaining this growth trajectory. The segments exhibiting the strongest growth are likely to be value-added processed products and the retail sector, reflecting changing consumer habits and convenience preferences. Strategic investments in research and development, coupled with marketing campaigns highlighting the health and nutritional benefits of salmon, will further stimulate market expansion. However, challenges like disease outbreaks in aquaculture and the impact of climate change on wild salmon populations need careful management to ensure long-term market stability.

Ex-vessel prices are post-season adjusted price per pound for the first purchase of a commercial harvest. Ex-vessel values are weighted average estimates based on best available data for administrative area, and applied to the administrative area as a whole. Here, ex-vessel prices for all five species of salmon (pink, sockeye, chinook, chum, and coho) are included, spanning from 1984 to 2015. Data are included from all of Alaska and are presented annually by region, including the following regions: Alaska Peninsula, Bristol Bay, Chignik, Cook Inlet, Kodiak, Kotzebue, Kuskokwim, Norton Sound, Prince William Sound, Southeast, and Yukon. The Prince William Sound administrative area includes Copper River.

The global salmon market size reached a volume of about 4.50 Million Tons in 2024. The salmon market is further expected to increase at a CAGR of 3.80% between 2025 and 2034 to reach a volume of about 6.53 Million Tons by 2034.

Real-time price data collected by the Boston Market News Reporter. The NOAA Fisheries' "Fishery Market News" began operations in New York City on February 14, 1938. The primary function of this joint Federal/industry program is to provide accurate and unbiased reports depicting current conditions affecting the trade in fish and fishery products. The Boston and New York Market News Reports are...

Context

Meat prices have been fluctuating over the past few decades and the demand for meat seems to have direct long-term relationship with consumers' income. Here, we can utilise these data to predict future prices of meat.

Acknowledgements

Data is obtained from Indexmundi.

The consumer price index (CPI) of frozen salmon and trout in Norway as an annual average fluctuated from 2012 to 2024. In 2024, the average CPI of frozen salmon and trout in Norway was measured at *****, where the year 2015 equals 100.