Norway, the great salmon-producing country, is going to introduce a new tax on its production. In this way salmon one of the fish most consumed in Spain and also in the world it will see its price increased.
The law that has been promoted by the Norwegian parliament and that was to enter into force this past January 2023 is still in the process of debate and it is finally unknown what real scope it will have. What is clear is that when the law enters into force it will do so retroactively to January 40, 4. Thus, the Norwegian government aims to tax salmon and trout production with a 60% tax. At the moment it seems that only large producing companies would be affected, leaving out of this tax small fish farms that produce less than XNUMX tons per year and that represent XNUMX% of the total.
Salmon tax for environmental reasons
The main reason for introducing this 40% tax that would be added to the 20% already existing is environmental. Norway wants the benefits of the exploitation of its waters to revert more to the citizens And right now the way to do it is in full parliamentary debate.
This increase in the price of salmon and also of trout has caused the two large producing companies in the country to react. They defend sustainable production and remember that they are great generators of employment. Despite everything, it seems that the law is going to come out, although they are analyzing the allegations of these companies and how to implement it. Meanwhile, large producing companies such as SalMar and Mowi have already dropped an average of 20% on the stock market.
All this seems that together with inflation it will affect the final price of salmon and trout to the consumer and also its consumption.. These foreseeable price increases for these products motivate consumers to consume another type of animal protein or look for alternatives to their diet.
In Spain, business organization Anfaco-Cecopesca has shown its concern and has submitted allegations and disagreement to the Norwegian public consultation. He also adds that the way to apply it affects compliance with the food chain law that prohibits sales at a loss in Spain.
