What is the price of salmon per kilogram/pound in Iceland today?
The retail price range for Iceland salmon is between US$ 7.85 and US$ 10.96 per kilogram or between US$ 3.56 and US$ 4.97 per pound(lb). Click here to see today's exact prices of salmon in Iceland
The retail price range in Iceland Krona for salmon is between ISK 1,098.95 and ISK 1,534.76 per kilogram or between ISK 498.39 and ISK 696.03 per pound(lb) in Reykjavík and Akureyri.
Wholesale prices
In 2024, the approximate wholesale price range for Iceland salmon is between US$ 5.49 and US$ 7.67 per kilogram or between US$ 2.49 and US$ 3.48 per pound(lb).
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Iceland salmon - Production, Exports, Imports, Seasons and HS Codes
The volume of salmon sold by Iceland in 2020 was 24,634 tonnes. In 2019 Iceland exported 19,585 tonnes of salmon. Across 2019 alone, the market for Iceland salmon (fish category) has escalated, changing by 93.911 pc compared to the year 2018. Between 2017 and 2019, salmon's exports grew by 114% netting the exporter US$132.10m for the year 2019. Iceland's salmon exports are categorised as:
- Frozen salmonidae (excluding trout and Pacific, Atlantic and Danube salmon) (HS code 030319)
- Fresh or chilled Pacific salmon "Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus" (HS code 030213)
- Frozen Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho) (HS code 030322)
- Fresh or chilled fillets of Pacific salmon "Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus", Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho" (HS code 030441)
- Prepared or preserved salmon, whole or in pieces (excluding minced) (HS code 160411)
- Fresh or chilled Pacific salmon Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus", Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho" (HS code 030212)
- Frozen Pacific salmon (excluding sockeye salmon "red salmon") (HS code 030312)
- Frozen Pacific salmon "Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus" (HS code 030310)
- Fish fillets, dried, salted or in brine, but not smoked (excluding tilapia, catfish, carp, eels, Nile perch, snakeheads and fish of the families Bregmacerotidae, Euclichthyidae, Gadidae, Macrouridae, Melanonidae, Merlucciidae, Moridae and Muraenolepididae) (HS code 030539)
- Frozen, Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho" (HS code 030313)
- Salmon, fresh (HS code 0302Xa)
- Frozen fillets of Pacific salmon "Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus", Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho" (HS code 030481)
- Fresh or chilled salmonidae (excluding trout "Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and Oncorhynchus chrysogaster", Pacific salmon "Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus", Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho") (HS code 030219)
- Fresh or chilled meat, whether or not minced, of salmonidae (excluding fillets) (HS code 030452)
- Frozen sockeye salmon [red salmon] "Oncorhynchus nerka" (HS code 030311)
- Smoked Pacific salmon "Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus", Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho", incl. fillets (excluding offal) (HS code 030541)
- Fresh or chilled Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho" (HS code 030214)
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Iceland salmon export values
In 2019, Iceland shipped salmon with a value of 132.10m USD, an increase of 96.35% from 2018's total salmon export of 67.279m USD. The annual growth in value of Iceland salmon between 2017 to 2018 was -6.772 pc.
The per year variation in the volume of Iceland's salmon exports between 2017 and 2019 was 114 pc when compared to a variation of 93.911% in the growth rate between 2018 and 2019.
Iceland's stake of the world's total salmon's exports in 2019 was less than 1%. The country is ranked position 26 in world exports of salmon.
Export markets for Iceland salmon ( in '000$ )
Import/Export Trends
Iceland is a net exporter of salmon. The annual growth of Iceland salmon in value between 2015 to 2019 was -39%, per year, while annual growth in quantity during the same period was -40%, per annum.
Iceland brought in 268 tonnes of salmon in 2019.