Norway seafood exports jump nine per cent in November – Fishupdate.com

Norway seafood exports jump nine per cent in November Published:  10 December, 2012

SEAFOOD exports from Norway – both farmed and wild caught fish – showed a significant increase in value terms during November, the latest figures show.

They totalled an impressive 5.6 billion Norwegian kroners (NOK) – or just over £616 million sterling.

This represents an increase of NOK 479 million ( £52 million) or nine per cent on November last year.

Egil Ove Sundheim, marketing information director of the Norwegian Seafood Councils, says the growth in seafood exports last month was mainly driven by the rising value of Norwegian salmon exports. Norway exports salmon worth three billion kroners that month (£330 million) and increase of NOK 472 million ( about £50 million)  or a healthy 19 per cent over the previous November. So far this year Norwegian salmon exports total NOK 26.8 billion and increase of NOK 346 million compared to last year.

The average price of whole fresh Norwegian salmon was has also increased. As in previous months, Norway’s biggest salmon customers are France and Russia. Exports of farmed trout were also up, totalling NOK 177million, a rise of NOK 8 million compared to the 2011 figure. Russia and Japan were the main markets.

However, it was a mixed picture for exports of pelagic fish such as mackerel.

Herring sales were down by NOK 13 million, while mackerel exports in November increased by NOK 65 million to NOK 433 million. It was a better picture for fresh and frozen cod exports, Fresh cod  (including fillets) which increased by NOK 13 million to NOK 69 million frozen cod (including fillets) rose to NOK 189 million.