ANALYSIS: Q2 Trends in Norwegian Cod Landings and Price Dynamics

In the first quarter of 2025, the price of Norwegian cod has been significantly influenced by the potential tariff changes in the U.S. market, particularly for products that rely on the trade route from Norway to China before reaching the U.S.
As tariffs on Chinese exports to the US are expected to rise, the demand for Norwegian cod has declined. In May, the price increased by 11.5 % year-on-year (see Figure 1), largely due to...
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