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:
2015: 1.70
2016: 1.62
2017: 1.58
2018: 1.56
2019: 1.51
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:
2015: 1.56
2016: 1.76
2017: 1.71
2018: 1.77
2019: 1.77
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.
Read coverage of these findings on Intrafish.no. For more data on the state of Norwegian salmon farming, subscribe to Manolin’s newsletter.
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