Top 10 producers boost efficiency, while small farms fall behind
The data shows that, on average, farmers are becoming less efficient. But looking at just the top 10 producers tells a different story.
According to Manolin’s industry data, Norwegian salmon farmers’ production ratios have decreased over the past five years. Our production ratio is a calculation of how much each farm is able to produce on their allocated biomass. The data shows that, on average, farmers are becoming less efficient.
Averages, all Norway:
However, looking at just the top 10 producers in the country tells a different story. For these 10 companies, which control the majority of Norway’s production, average production ratios have increased.
Averages, top 10 companies:
The data suggest that a decrease in production ratios has been driven by smaller companies, which perhaps have fewer resources available to mitigate rising production costs and manage the risk of disease.
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