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.
Want to know how your production stacks up? Click here for a free performance ranking.