Nofima researchers and Kontali Analyse have concluded that Norwegian fish farming sector production costs have risen by almost 90 per cent since 2005.

These researchers’ report, which was presented at the Havbrukssamlingen aquaculture conference in Bergen, was commissioned by the Norwegian Seafood Research Fund (FHF).

“The main drivers of this increase are the higher costs we see being incurred for feed, salmon louse and general fish health,” stressed researcher Audun Iversen of Nofima, one of the authors of the report.

The researchers have reviewed the production costs for salmon farmers in Norway\'s competitor countries, and have analysed what these mean for the competitive outlook of the Norwegian fish farming industry.

The report addresses the cost development and the underlying causes in Canada, Chile, Scotland and the Faroe Islands.

The cost items in these countries are largely the same as those in Norway; feed and health costs, but to differing degrees.

Source: FIS // Original Article