Strong growth for Norway seafood exports

News 18:08 12/09/2014 502
The value of Norwegian seafood exports in September totaled NOK 5.3 billion (USD 889,662/EUR 655,570), an increase of 27.5 percent compared to September 2012.

For the year, the value of Norwegian seafood exports is at NOK 41.1 billion (USD 6.9 million, EUR 5.1 million), up 13 percent, according to the latest figures from the Norwegian Seafood Council (NSC).

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

The value of Norwegian salmon exports in September reached NOK 3.4 billion (USD 570,949/EUR 420,664), an impressive increase of 40 percent compared to September last year. To date, the value of Norwegian salmon exports is at NOK 27.3 billion (USD 4.6 million, EUR 3.4 million), up 29 percent from the same period last year.

The average price of fresh whole Norwegian salmon in September was NOK 33.48 (USD 5.62, EUR 4.14) per kilogram (kg), compared to NOK 26.34 (USD 4.42, EUR 3.26) per kg in September 2012. France and Poland continued to be the biggest importers of Norwegian salmon.

Exports of Norwegian fjord trout increased in value in September by 41 percent to NOK 204 million (USD 34.2 million, EUR 25.2 million). To date, the value of exports of Norwegian fjord trout has reached NOK 1.6 billion (USD 268.5 million, EUR 197.9 million), up by NOK 383 million (USD 64.3 million, EUR 47.4 million) compared to the same period in 2012. The biggest markets for Norwegian fjord trout are Russia and Belarus.

In September, the value of exports of Norwegian herring increased by 21 percent to NOK 199 million (USD 33.4 million, EUR 24.6 million). For the year to date, the value of Norwegian herring exports totals NOK 1.8 billion (USD 302 million, EUR 222.6 million), a decline of 36 percent. The biggest markets for Norwegian herring are Russia and Germany.

The value of mackerel exports in September totaled NOK 309 million (USD 52 million, EUR 38.2 million), on a par with September last year. For the year, exports of mackerel are down in value by NOK 460 million (USD 77.2 million, EUR 57 million) to a total of NOK 1.1 billion (USD 184.7 million, EUR 136.1 million). The biggest importers of mackerel are China and Japan.

Exports of fresh Norwegian cod including fillets from fishery increased in value in September by NOK 9 million (USD 1.5 million, EUR 1.1 million)to a total of NOK 41 million (USD 6.9 million, EUR 5.1 million) . Exports of frozen Norwegian cod including fillets also increased in value in September, by NOK 12 million (USD 2 million, EUR 1.5 million) to a total of NOK 98 million (USD 16.5 million, EUR 12.2 million).

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