Price of Norwegian salmon grew up to record level due to unstable supplies and global demand boom, Bloomberg reports. More healthy food consumers and increase in emerging markets consumption, including Brazil and China, resulted in fish deficit.

Supply recovery takes more time than expected after 2016 disaster, when global stocks, including top producer Norway, were damaged by sea lice. At the same time, algae blooming in Chile, which is a second largest supplier in the world, killed millions of fish.

Cold waters in Norway this year made salmon eat and grow less. Farmers in Chile gathered harvest earlier since they are afraid of new algae blooming. In addition, salmon run in Alaska this year is very weak.

Norwegian salmon prices almost doubled during last year to 76,09 krone ($9,41) per kilogram.

Market was expecting recovery, but it did not happen. However, prices shall stabilize very soon when meat barbecue season starts in Europe and North America.