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Continued Strong Growth for Norwegian Seafood Exports

08 October 2015

NORWAY - So far this year Norway has exported seafood worth NOK 51.8 billion. This represents an increase of NOK 3.6 billion or 7 per cent year-on-year.

September total seafood exports were worth NOK 6.7 billion. This is an increase of 11 per cent or NOK 682 million compared with September 2014.

So far this year Norway has exported seafood worth NOK 51.8 billion. This represents an increase of NOK 3.6 billion or 7 per cent year-on-year. September total seafood exports were worth NOK 6.7 billion. This is an increase of 11 per cent or NOK 682 million compared with September 2014.

”Another strong month for Norwegian seafood exports is partly due to our local EU markets buying more salmon at higher prices in Norwegian kroner than they did in the same period last year. In addition, the United States purchased 32 per cent more salmon Q1-Q3 than they did in the same period last year. The growth in cod is largely explained by Portugal buying higher volumes and at higher prices than during the same period in 2014. Higher prices have been partially offset by a slight decline in this year's cod quotas. However the underlying basis for this strong month is that all exports are helped by a weak Norwegian krone,” said Marit Rein Acting Director of Communications at the Norwegian Seafood Council.

Salmon exports grow

So far this year, salmon exports have totalled NOK 33.6 billion. An increase of 6 per cent, or NOK 2 billion compared with the same period in 2014. September salmon exports were worth NOK 4.3 billion. An increase of 22 per cent or NOK 780 million compared with September 2014. The average price achieved for whole fresh Norwegian salmon in September was NOK 41.76 kroner per kilo compared with NOK 34.94 per kilo in September 2014. Poland and France were the biggest buyers of Norwegian salmon in September.

Norway exported trout worth NOK 1.5 billion so far this year. A decline of 14 per cent or NOK 254 million year-on-year. Trout exports reached NOK 198 million in September. A modest decrease of 4 per cent or NOK 9 million compared with September 2014. Biggest buyers of Norwegian trout in September were Japan and Canada.

Large increases for fresh cod and small declines for frozen cod

So far this year, exports of fresh cod, including fillets, were worth NOK 1.6 billion. An increase of 22 per cent or NOK 287 million compared with the same period in 2014. In September, exports of fresh cod, including fillets reached NOK 64 million. This represents growth of 44 per cent or NOK 20 million compared with September 2014.

Year-to-date exports of frozen cod, including fillets, have totalled NOK 1.4 billion. This is a decline of 10 per cent or NOK 159 million compared with the same period last year. In September, frozen cod exports, including fillets, totalled NOK 150 million. A decline of 19 per cent or NOK 36 million compared with September 2014.

Growth for clipfish and salted fish

Clipfish exports were worth NOK 2.8 billion year-to-date. This is an increase of 17 per cent or NOK 419 million compared with the same period in 2014. Export volumes fell by 6,824 tonnes to 62,856 tonnes in the same period. In September, exports of clipfish totalled NOK 407 million. A decline of 10 per cent or NOK 46 million compared with September 2014.

Salted fish exports totalled NOK 958 million year-to-date. An increase of 25 per cent or NOK 190 million compared to the same period last year. Export volumes fell during the same period by 2,200 tonnes to 25,486 tonnes. September exports of salted fish amounted to NOK 47 million. An increase of 51 per cent or NOK 16 million compared with September 2014.

Declines for herring and mackerel

Year-to-date herring exports totalled NOK 1.5 billion. A decline of 16 per cent or NOK 278 million compared with the same period in 2014. In September, herring exports were worth NOK 168 million.

This is at the same level as a year earlier. Ukraine and Poland were the largest markets for herring in September.

So far this year, mackerel exports totalled NOK 1.6 billion. This is a decline of 7 per cent or NOK 128 million compared year-on-year. In September, exports of mackerel reached NOK 534 million. A decline of 28 per cent or NOK 203 million compared to September last year. Japan and the Netherlands are the main markets for mackerel in September.

TheFishSite News Desk

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