Norwegian seafood exports break new records – Fishfarmer Magazine

Norwegian seafood exports break new records07 May, 2010 –

THE total value of seafood exports from Norway in April totalled NOK 3.7 billion (£404 million), an increase of 10% compared to April 2009, according to the latest figures from the Norwegian Seafood Export Council.

This year to date, Norwegian seafood exports total NOK 16 billion (£1.74 billion), an increase of 16% compared to the same period last year. These figures mark new export records for both the month of April alone and the January-April period.

“The growth in seafood exports for the year to date is accounted for by two factors: growth in exports of Norwegian Salmon at higher prices, and overall growth in total exports of Norwegian Cod,” explains director of market information Egil Ove Sundheim from the Norwegian Seafood Export Council.

At the end of April, the value of exports of Norwegian Salmon for the year to date totalled NOK 8.7 billion (£950 million), an increase of NOK 2 billion or 31% compared to the same period last year. This growth is accounted for by higher export prices combined with growth in the volume of exports. In April, the value of exports of Norwegian Salmon increased by NOK 373 million or 20%. The average price for whole fresh Norwegian Salmon in April was NOK 38.88, up from NOK 31.98 in April 2009. France, Poland and Russia are the biggest importers of Norwegian Salmon.

In the first four months of 2010, exports of herring declined in value by 11% to a total of NOK 1.5 billion (£164 million). Russia was the biggest importer of herring from Norway, with imports for the period totalling NOK 419 million. In the same period, exports of mackerel fell by NOK 102 million to NOK 435 million. Russia and Turkey are the biggest importers of mackerel from Norway.

In the first four months of 2010, exports of Norwegian Cod increased in value by a total of NOK 450 million (£49 million) while the volume of cod exports increased by more than 25,000 tonnes or 63% to a total of 65,000 tonnes. Fresh cod exports increased in value by 32% to a total of NOK 541 million while frozen
cod increased in value by 33% to NOK 435 million.
 Exports of Norwegian Cod clipfish increased in value by 20% to a total of NOK 585 million. Exports of salted Norwegian Cod increased in value by 89% to a total of NOK 404 million. Exports of Norwegian stockfish declined in value by 30% to a total of NOK 130 million.