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ANALYSIS: Norwegian Atlantic Salmon Exports Surge Amid Harvest Declines

Norwegian Atlantic salmon harvest dropped 6.6% year-over-year (YOY) in April 2026, according to the Norwegian Directorate of Fisheries. The harvest level through April was 2.6% higher year-to-date (YTD). Continuing recent trends, stock biomass remained 1.7% lower YOY (Figure 1). Despite the slowdown in harvest compared to the previous month, down 4.2% month-over-month (MOM) in April, market participants reported adequate to fully adequate supply levels...

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Commerce Amends Thai Shrimp Dumping Duties After Ministerial Error Claims

The Commerce Department has amended its final results in the 2023-2024 antidumping review of frozen warmwater shrimp from Thailand, correcting ministerial errors that affected dumping margin calculations for major Thai exporters.

Thai Union Group's weighted-average dumping margin was adjusted to 1.24%, while the adverse facts available rate for Charoen Pokphand Foods increased to 26.66% from 17.38%. The errors involved omitting the programming language for importer-specific assessment rates and assigning incorrect surrogate costs to certain control numbers...

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Norway Scraps Aquaculture Price Council After Industry Pressure

Norway's parliament voted to abolish the Aquaculture Price Council last week, ending a controversial taxation mechanism that the salmon farming industry had long criticized.

Seafood Norway CEO Geir Ove Ystmark called the Storting's decision "correct and long-awaited," arguing the council applied petroleum and hydropower tax models unsuitably to aquaculture. The council set theoretical monthly benchmark prices for determining taxable revenues, but Ystmark said this created a "theoretical average tax that attempts to find a market price that does not actually exist...

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Chile Posts 13% Fisheries Growth in 2025 as Jack Mackerel, Sardine Surge; Salmon Dominates Farming

Chile's National Fisheries and Aquaculture Service (Sernapesca) reported total sector landings of 4.51 million tons in 2025, marking a 13% increase from the previous year as both wild-capture and farmed production expanded across major species categories.

The annual statistics, released on June 3, show that industrial fishing contributed 1.27 million tons, while artisanal operations landed 1.72 million tons. Aquaculture harvests reached 1.53 million tons, with the combined sectors reflecting broad-based growth across Chile's fishing regions...

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House Bill Would Subject Marine Monument Fishing to Magnuson-Stevens Rules

The House Subcommittee on Water, Wildlife and Fisheries examined legislation on June 3 that would require fishing in marine national monuments to follow federal fisheries management standards, along with measures expanding Alaska Native sea otter harvesting rights and Gulf state waters.

Rep. Amata Coleman Radewagen's (R-American Samoa) H.R. 8904 would codify that fishing in marine national monuments designated under the Antiquities Act must be regulated under the Magnuson-Stevens Fishery Conservation and Management Act. The measure aims to maintain US fisheries management standards while ensuring responsible access to resources...

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Nissui Raises Shipping Prices Up to 30% on Frozen Foods, Fish Products

Japanese seafood giant Nissui announced June 1 that it will increase shipping prices on household frozen foods, processed fish products, and commercial frozen foods effective September 1, 2026.

The price increases range from 2% to 30%, depending on product category, with household processed foods, including chikuwa, crab-flavored kamaboko, and fish sausage, seeing 5-17% increases. Household prepared frozen foods and frozen agricultural products will increase 2-17%, while some commercial frozen foods face increases of up to 30%...

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European Commission Approves €25 Million Spanish Fuel Aid for Fishing Companies

The European Commission approved a €25 million ($29.9 million) Spanish state aid scheme to support fishing companies facing increased fuel prices due to the Middle East crisis.

The scheme was approved under the Middle East Crisis Temporary State Aid Framework (METSAF) adopted by the Commission on April 29, 2026, the EC said in a press release Tuesday.

Under the Spanish program, companies engaged in primary fishery production can receive direct grants of €0.20 for each liter of diesel purchased from March 22 through June 30...

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Expana's Weekly Top 10

Health, trade, and affordability shaped the week's biggest stories. Steak n’ Shake advanced its health-focused strategy with a shift to 100% grass-fed, grass-finished beef, while the first US detection of New World Screwworm in decades heightened biosecurity concerns across the livestock sector. Meanwhile, PepsiCo and Cargill invested in product innovation and manufacturing capacity to meet evolving consumer demand, as trade disruptions, new US customs enforcement measures, and tariff proposals added uncertainty to global supply chains. Retailers, meanwhile, returned their focus to everyday value and staple proteins as summer demand builds. This list is in no particular order.

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Norwegian Seafood Exports Face Continued US Market Pressure in May

Norwegian seafood exports declined 1% in May to NOK 13.4 billion, marking the fourth month of value decline in 2026 as US market losses and quota-driven volume reductions continue to pressure the industry.

US Market Losses Mount

The United States remains Norway's most challenging export market, with May exports falling NOK 363 million to NOK 992 million, a 27% decline from May 2025. The US has now become Norway's third-largest market, down from previous rankings.

"The US market has seen the sharpest decline...

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