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Herring and Salmon Boost Norwegian Seafood Exports

13 September 2012

NORWAY - Norwegian seafood exports in August totalled NOK 4 billion. This is 13 per cent more than in the same month last year. Norwegian Herring and Salmon in particular are proving popular on the world market.

Seafood exports in August were up in value by NOK461 million compared to the same month last year. This year to date the value of seafood exports from Norway totals NOK 32.2 billion, down by NOK 831 million or 2.5 per cent from the same period last year, according to the latest figures from the Norwegian Seafood Council.

“The growth in exports seen in August is attributable to increased exports of Norwegian Herring and Salmon,” explains Egil Ove Sundheim, director of market information with the Norwegian Seafood Council.

“Following a period with lower prices for Norwegian Salmon compared to last year, we are now back at the same price level. However, with the volume of exports also up the total value of exports in August showed year-on-year growth of almost NOK 500 million.”

Good growth in Norwegian Salmon exports

The value of Norwegian Salmon exports in August totalled NOK 2.6 billion, an increase of NOK 496 million or 24 per cent compared to August last year. For the year to date the value of Norwegian Salmon exports stands at NOK 18.8 billion, down by NOK 463 million or 2.4 per cent compared to the same period last year. The average price for fresh whole Norwegian Salmon in August was NOK 28.35 per kg, compared to NOK 28.37 per kg in August 2011. As in the previous month, France and Russia were the biggest importers of Norwegian Salmon.

The value of exports of Norwegian Fjord Trout increased in August by NOK 41 million or 37 per cent to a total of NOK 154 million. This year to date, exports of Norwegian Fjord Trout total NOK 1.1 billion, an increase in value of NOK 223 million compared to the same period of 2011. The biggest importers of Norwegian Fjord Trout are Russia and Japan.

Exports of herring up, mackerel down

Exports of Norwegian Herring increased in value by NOK 122 million or 207 per cent in August to a total value of NOK 181 million. This year to date, the value of exports of Norwegian Herring totals NOK 2.6 billion, up by NOK 122 million or 5 per cent from the same period last year. Russia and Germany are the biggest markets for Norwegian Herring.

Exports of mackerel from Norway fell in value in August by NOK 14.4 million to a total of NOK 64.4 million. However, for the year to date exports of mackerel are up in value by NOK 341 million to a total of NOK 1.2 billion. Russia and China are the biggest markets for mackerel from Norway.

Exports of clipfish down, salted fish up

Exports of clipfish fell in value in August by NOK 7 million to a total value of NOK 289 million. A breakdown of this figure shows that Norwegian Cod clipfish accounted for NOK 163 million and saithe NOK 91 million, with the remainder accounted for by ling, torsk and other groundfish. The biggest market for Norwegian Cod clipfish is Portugal, while Brazil is the biggest market for saithe clipfish.

Exports of salted fish including fillets increased in value in August by NOK 10 million to a total of NOK 42 million. Of this, Norwegian Cod accounted for NOK 21 million and ling accounted for NOK 12.4 million, an impressive increase in value of 601 per cent compared to the same month last year. The biggest market for salted fish is Portugal.

Exports of fresh and frozen Norwegian Cod down in value

In August, exports of fresh Norwegian Cod including fillets from fishery fell in value by NOK 1.4 million to a total of NOK 122 million. The value of exports of frozen Norwegian Cod including fillets was also down, falling in value by NOK 57 million to a total of NOK 79 million.

TheFishSite News Desk



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