2006 a good year for new marine species – Fishupdate.com

2006 a good year for new marine species Published:  12 January, 2007

According to the NSEC, farmed cod increased the export value

NORWEGIAN exports of new species increased by 30 per cent in 2006 to top NOK 300 million.

In particular, farmed cod and halibut increased the export value, according to the Norwegian Seafood Export Council.

The export value of farmed cod topped NOK 135 million in 2006, an increase of NOK 45 million compared with 2005. A total of 3,650 tonnes was exported, an increase of 1,200 tonnes compared with the previous year. France in particular buys large quantities of fresh cod from the aquaculture industry.

The average price of Norwegian halibut increased by 14% in 2006 compared with the previous year, from NOK 67.90 in 2005 to NOK 77.90 in 2006. At the same time, volume increased by over 35% from 550 tonnes to 756 tonnes.

The UK is the biggest market and in 2006 a total of over 360 tonnes was exported at an average price of NOK 72.50 per kilo. The USA is the second biggest market.

Exports of Norwegian king crab totalled 670 tonnes in 2006, an increase of 150 tonnes compared with the previous year. In 2006 the total value of exports of king crab was NOK 84.5 million.

Japan is the biggest single market for king crab and in 2006 bought 274 tonnes at an average price of NOK 113.50 per kilo, equal to a total value of NOK 31.1 million. The European market has shown a positive trend with an increase of 60% from 146 tonnes to 236 tonnes – with an average price of around NOK 150 per kilo.

Exports of Norwegian cultivated blue mussels declined from 2,950 tonnes in 2005 to 2,115 tonnes in 2006. In the same period the average price increased from NOK 2.48 per kilo in 2005 to NOK 4.30 in 2006.

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