Less cod from Norway could reach Portugal in 2026.

Portugal may receive less cod from Norway throughout 2026, in a sign of greater tightness in the supply of a product that continues to have enormous weight in the national market.

The expectation is for a further reduction in available volumes, in a context marked by limitations in fishing and more restrictive resource management. The lower availability of raw materials should be reflected in trade with Portugal, one of the most important destinations for Norwegian cod. Even so, the Portuguese market remains a priority, due to the size of consumption and the historical connection to this product. For operators, this scenario can translate into greater pressure on supply and higher costs along the chain.

In a country where cod continues to occupy a central place at the table and in the food trade, any drop in supply ends up having a direct impact on the market. Everything indicates, therefore, that 2026 will be another demanding year for importers and distributors, with less margin in product availability and greater attention to price developments.

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