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Global Supply Crunch Drives Norwegian Cod Prices to Record Highs Amid Dwindling Quotas

NORWAY
Monday, January 12, 2026, 00:10 (GMT + 9)

Market resilience tested as falling volumes are offset by soaring values, while farmed cod reaches a historic share of the export sector. The international whitefish market is grappling with a significant shift in supply dynamics as Norway, the world’s premier cod exporter, reported a year of "volume decrease but value increase." Despite a tightening of quotas that pushed wild catch landings to their lowest levels in over a decade, the total export value for fresh cod reached $266 million (NOK 2.8 billion) in 2025. Source: Norwegian Seafood Council According to the Norwegian Seafood Council, while the volume of fresh cod exports fell by 9 per cent, the total value rose by $25.6 million (NOK 270 million), or 11 per cent, compared to 2024. The Battle for Raw Materials FULL STORY

Norway
Unprecedented Growth for Norway’s Snow Crab Sector in 2025
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Surge in US Demand and Extended Fishing Season Drive $135.5 Million Revenue Norway’s snow crab industry c... FULL STORY
Argentina
Opinion Article: Overpricing, conflict of interest and corruption in the sector (Note 1/4)
Jan 10, 00:00
In the fishing activity, it is difficult to determine where the State begins and where it ends. Perhaps it is ... FULL STORY
Norway
Record-Breaking Year for Norwegian Cold-Water Prawns
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Shift Toward High-Value Consumer Products Drives Revenue to New Heights Despite Lower Catch Volumes Norwa... FULL STORY
Worldwide
Global Whitefish Market 2026: Farmed Species and Processed Goods Take Center Stage
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Supply Stability and Sustainability Standards Drive Shift Away from Wild-Caught Stocks The global whitefi... FULL STORY

Paraguay
Paraguay Enacts New Law to Unleash Tilapia Production in the Itaipu Reservoir
Jan 12, 00:10
The legislation signed by President Santiago Peña paves the way for a binational agreement to authorize the commercial farming of Tilapia, aiming ... FULL STORY

Spain
The Challenge of Tariff Quotas: Depletion of Tuna Loins Threatens Industrial Competitiveness
Jan 12, 00:10
ANFACO-CYTMA warns of the urgent need to adjust volumes to protect employment and supply within the European Union Vigo - The opening of the 202... FULL STORY

European Union
EU Tightens Safety Standards for Frozen Tuna Imports Starting 2026
Jan 12, 00:10
The European Union is moving to eliminate "trade fraud" and bolster food safety in the seafood sector by implementing stricter freezing requiremen... FULL STORY
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Lenguaje
FEATURED EVENTS
  
TOP STORIES
Opinion Article: Overpricing, conflict of interest and corruption in the sector (Note 1/4)
Argentina In the fishing activity, it is difficult to determine where the State begins and where it ends. Perhaps it is because of the fact that it is a State resource leased to third parties or because between...
Norway’s King Crab Industry Hits All-Time High Driven by Surge in US Demand
Norway Record-breaking 2025 performance sees export values soar as frozen crab dominates global markets. Norway celebrated a historic milestone in its seafood industry as king crab exports reached unprecede...
Spanish Fishing Sector Demands 'Realistic' Measures from Government Over New EU Control Regulations
Spain Cepesca warns that new obligations, effective January 10, 2026, are "impossible to fulfill" for the Spanish fleet. Madrid – The Spanish fishing sector, represented by the Spanish...
Record-Breaking Year for Norwegian Cold-Water Prawns
Norway Shift Toward High-Value Consumer Products Drives Revenue to New Heights Despite Lower Catch Volumes Norway has solidified its position as a global leader in the shellfish industry, exporting 31,8...
 

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