Tariff turmoil likely to dominate NASF 2026
The salmon farming industry is gearing up for the first of the big seafood conferences, which launches next week.
There will be plenty for them to discuss, with renewed concerns over President Trump’s latest tariff tactics and the general state of the market.
The conference will take place in the city of Bergen, Norway.
The three-day North Atlantic Seafood Forum (NASF), run by Pareto Securities, which opens in Bergen on Monday, is recognised as the world’s leading conference for senior executives in the global seafood industry.
Each year in the first week of March, more than 1,000 CEOs, experts, investors, and analysts gather in the coastal city for three days of discussion, offering insight and inspiration.
The goal is to keep seafood executives up to date on the latest trends, market forecasts, technology, sustainability, and industry challenges.
NASF says the global market for fresh salmon is changing rapidly. Increased production, depressed prices, barriers to free trade, and new export markets make it more demanding for commercial players to make the right decisions.
A spokesperson for NASF said: “In this context, the North Atlantic Seafood Forum (NASF) has become one of the most important meeting places for players in the salmon market, and is today a leading conference for decision-makers in the global seafood industry.”
The market for fresh salmon is becoming increasingly complex, with Norway exporting larger volumes than before, while increased global competition is putting pressure on prices.
NASF says demand is also growing in new markets, particularly in Asia, which presents both new opportunities and increased risks for the industry.
Exporters are increasingly challenged to manage rising costs, stricter sustainability, documentation requirements, and logistical challenges – while customers expect stable delivery and consistent quality. Geopolitical conditions and trade policies further contribute to making the market more unpredictable.
According to seafood analyst Henrik Knutsen at Pareto Securities, the market faces low production growth in the coming years.
"After strong growth in 2025 and a good start to 2026, it will be difficult to utilise today’s licenses much better. We may therefore face a longer period of low supply growth, while demand is structurally growing over time."
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