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Good Salmon Prices Leads Strong Growth in Norwegian Seafood Exports

09 October 2013

NORWAY - The value of Norwegian seafood exports in September totalled NOK 5.3 billion. This is an increase of 27.5 per cent or NOK 1.1 billion compared to September 2012. This year to date,the value of Norwegian seafood exports totals NOK 41.1 billion, an increase of NOK 4.6 billion or 13 per cent, according to the latest figures from the Norwegian Seafood Council.

“The strong growth in seafood exports so far this year is very much due to the higher prices we have seen for Norwegian salmon compared to the same period last year,”said Egil Ove Sundheim, director of market information with the Norwegian Seafood Council.

“Growth in exports to our neighbouring EU market is particularly strong, up by 18 per cent for the year to date. September also saw a marked increase in exports of products from the fisheries sector.”

Growth in exports of Norwegian salmon

The value of Norwegian salmon exports in September totalled NOK 3.4 billion, an impressive increase of NOK 964 million or 40 per cent compared to September last year. This year to date, the value of Norwegian salmon exports totals NOK 27.3 billion, up by NOK 6.1 billion or 29 per cent from the same period last year.

The average price of fresh whole Norwegian salmon in September was NOK 33.48 per kg, compared to NOK 26.34 per kg in September 2012. As in the previous month, France and Poland were the biggest importers of Norwegian salmon.

Exports of Norwegian Fjord Trout increased in value in September by 41 per cent or NOK 59 million to a total of NOK 204 million. This year to date, the value of exports of Norwegian Fjord Trout totals NOK 1.6 billion, up by NOK 383 million compared to the same period in 2012. The biggest markets for Norwegian Fjord Trout are Russia and Belarus.

Exports of herring up, mackerel stable

In September, the value of exports of Norwegian herring increased by 21 per cent or NOK 35 million to a total of NOK 199 million. For the year to date, the value of Norwegian herring exports totals NOK 1.8 billion, a decline of NOK 1 billion or 36 per cent . The biggest markets for Norwegian herring are Russia and Germany.

The value of mackerel exports in September totalled NOK 309 million, on a par with September last year. For the year to date, exports of mackerel are down in value by NOK 460 million to a total of NOK 1.1 billion. The biggest importers of mackerel are China and Japan.

Exports of clipfish and salted fish up

In September, exports of clipfish were up by NOK 61 million to a total of NOK 412 million. This figure breaks down into NOK 240 million for Norwegian cod and NOK 134 million for Norwegian saithe, with the remainder accounted for by ling, torsk and other groundfish. The biggest market for Norwegian cod clipfish is Portugal, and Brazil is the biggest market for Norwegian saithe clipfish.

The value of exports of salted fish including fillets in September totalled NOK 41 million, an increase of NOK 9 million. Of this amount, NOK 28 million is accounted for by Norwegian cod, NOK 7 million by ling and NOK 4.4 million by torsk. The biggest market for salted fish is Portugal.

Fresh and frozen Norwegian Cod exports up

Exports of fresh Norwegian cod including fillets from fishery increased in value in September by NOK 9 million to a total of NOK 41 million. Exports of frozen Norwegian cod including fillets also increased in value in September, by NOK 12 million to a total of NOK 98 million.

TheFishSite News Desk



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