Norway set a new record for first-hand sales of wild-caught seafood in 2025, with total turnover through Norges Råfisklag reaching NOK 19.07 billion, equivalent to about EUR 1.66 billion.
The figure shows a 19.8% increase from 2024, despite lower quotas and falling volumes, according to Norges Råfisklag in a news update.
Substantial price growth lifts value
Norwegian fishers accounted for just over NOK 16.4 billion of the total, or around EUR 1.43 billion. That was up 23.1% year on year.
Foreign vessels landed fish worth about NOK 2.6 billion (EUR 230 million), a modest 2.9% increase. In total, 5,363 Norwegian and foreign vessels delivered catches through the system during the year.
More than one million tonnes of fish, shellfish and other catch were sold through Norges Råfisklag for the 12th year in a row.
Volumes fell by 1.7% in 2024. The increase in value instead came from higher prices across key species, including cod, haddock, saithe, and shellfish.
Industry under pressure
“We leave behind a year with low quotas and high prices, at the same time as unstable markets,” said Norges Råfisklag chief executive Charles A. Aas.
He said fishers were partly compensated for quota cuts by higher prices. At the same time, processing companies faced a tough year with low volumes and record-high raw material costs.