Seafood exports reach highest ever value in October

In October, Norwegian seafood exports were up in value by 32 per cent or NOK 1.8 billion (USD  301.4 million) compared to the same month last year.

“The strong seafood exports in October are primarily attributable to three circumstances,” says Egil Ove Sundheim, director of market information with the Norwegian Seafood Council. “Demand for Norwegian salmon often outpaces production, which results in higher prices. Secondly, the aquaculture industry sold a larger volume of Norwegian salmon in October than in the same month last year. And thirdly, exports of mackerel from Norway to Asia increased in October.”

This year to date, the value of Norwegian seafood exports has totalled NOK 48.4 billion (USD  8.1 billion). This is an increase of NOK 6.3 billion (USD 1.05 billion) or 15 per cent, according to figures from the Norwegian Seafood Council.

Record Exports of Norwegian Salmon

The value of exports of Norwegian salmon in October totalled no less than NOK 4.2 billion (USD 703.3 million). This is the best valuation ever of Norwegian Salmon exports in a single month and represents an increase of NOK 1.6 billion (USD 267 million) or 60 per cent compared to October last year.

France, Poland and Russia were the biggest importers of Norwegian salmon.

Exports of Norwegian fjord trout in October increased in value by 51 per cent or NOK 88 million (USD 14.7 million) to a total of NOK 262 million (USD  43.9 million). For the year to date, the value of exports of Norwegian fjord trout has totalled NOK 1.9 billion (USD 318.2 million). This is an increase of NOK 469 million (USD 78.5 million) compared to the same period in 2012. The biggest importers of Norwegian fjord trout are Russia and Belarus.

Exports of Mackerel up, Herring down

Mackerel exports increased in value by NOK 306 million (USD 51.2 million) or 33 per cent to a total of NOK 1.2 billion (USD  201 million).

This year to date, mackerel exports have been down in value by NOK 154 million (USD 25.8 million) to a total of NOK 2.3 billion (USD  385.2 million). The most important markets for mackerel exports are Russia and China.

The value of Norwegian herring exports in October totalled NOK 312 million (USD 52.2 million). This is a drop of 9 per cent or NOK 31 million (USD 5.2 million) compared to October last year.

The value of Norwegian herring exports so far this year has totalled NOK 2.1 billion (USD  351.7 million), down by NOK 1.1 billion (USD 184.2 million) or 33 per cent compared to the same period last year. The biggest markets for Norwegian herring are Russia and Germany.

Exports of Clipfish down, Salted Fish up

Clipfish exports fell in value in October by NOK 198 million (USD  33.1 million) to a total of NOK 346 million (USD  57.9 million). A breakdown of this figure shows that Norwegian cod clipfish accounted for NOK 194 million (USD 34.5 million) and Norwegian saithe clipfish for NOK 118 million (USD 19.8 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 Norwegian saithe clipfish.

Exports of salted fish including fillets in October totalled NOK 56 million (USD 9.4 million), up by NOK 21 million (USD 3.5 million) from October last year. Of this figure, Norwegian cod accounted for NOK 43 million (USD 7.2 million), ling for NOK 7 million (USD 1.1  million) and torsk for NOK 4.5 million (USD 0.75 million). Portugal is the biggest market for salted fish from Norway.

Exports of Fresh and Frozen Norwegian Cod Exports up

Exports of fresh Norwegian cod from fishery including fillets increased by NOK 2.5 million (USD 0.41 million) in October to a total of NOK 38 million (USD 6.4 million). October exports of frozen Norwegian cod including fillets were also up, by NOK 77 million (USD 12.9 million) to a total of NOK 185 million (USD 31 million).