Norway exports reach record NOK 107 billion

NORWAY’S seafood industry enjoyed its best ever year in 2019 with export sales hitting a record 107.3 billion kroner – or £9.25 billion – despite slightly lower volumes. And it is clear that aquaculture, and farmed salmon in particular, is the big money spinner, delivering more than two thirds or NOK 76.5 billion (£6.6 billion) of…

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Fresh salmon prices hit record high

THE price of fresh salmon in Norway has soared to a record 77 kroner a kilo over the past few days, according to the government organisation, Statistics Norway. The figure is in complete contrast to the situation last summer when prices dropped close to production cost levels, due mainly to higher output from rival countries. At the time…

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Strikes dampen salmon price rise joy

AFTER months of a downward spiral, salmon prices are rising sharply again. In Norway last week the average price for fresh or chilled salmon was just over 63 kroner per kilo, up by 2.7 per cent on the previous week. The price of frozen salmon was not far behind at almost NOK 60 per kilo.…

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Norwegian seafood exports to hit NOK 100 billion

NORWEGIAN seafood exports are poised to break through the 100 billion kroner milestone (£8.37 billion) for the first time in the next few days, boosted by exceptionally strong growth in salmon sales. Figures for November show that overseas sales so far this year were worth NOK 97.7 billion. Renate Larsen, CEO of the Norwegian Seafood…

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Russia beefs up international seafood operation

RUSSIA has unveiled plans to streamline its fish processing and marketing operation in a bid to increase competitiveness and create a higher international presence. The initiative includes the launch of a national brand, simply called Russian Fish, which will be launched on to the international market. Both the industry and the Russian government say they…

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China fuels October Norway salmon surge

STRONG demand from China and other parts of Asia helped fuel a 14 per cent growth in Norwegian salmon exports during October, the latest figures show. Salmon sales totalled 117,000 tonnes last month and were worth NOK 6.7 billion  (£566 million) an increase of just four per cent, probably due to the fall in salmon…

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Norway facing challenge from rival salmon countries

RISING volume growth from rival salmon producing nations, including Scotland, is beginning to seriously challenge Norwegian fish farmers, the latest export figures show today. It is the main reason why salmon prices in Norway dipped below the 2018 level last month, although Norwegian output is also on the rise, says Paul T. Aandahl, analyst at…

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August boom for Norwegian salmon exports

DESPITE an unprecedented heatwave when Europe sizzled during August and market talk of a slump in prices, Norwegian salmon farmers have just enjoyed their strongest month so far this year. Figures from the Norwegian Seafood Council today show that the country exported 104,000 tonnes of salmon worth 6.2 billion kroner (£563 million) last month, up…

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Norway fighting fake news on salmon

Norway's salmon exports to South Korea have soared

THE Norwegian Seafood Council has revealed it is spending a lot of time and resources fighting fake news reports circulating around the safety of farmed salmon. The battleground appears to be concentrated in Asia – and South Korea, in particular. Salmon exports to that country have increased by 172 per cent in volume and 300…

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Norway salmon exports up despite hot weather

DESPITE the heatwave and a fall in prices at the end of last month, Norwegian salmon exports rose during July in both volume and value, thanks to easier access to Chinese markets. Overseas sales of salmon totalled 90,700 tonnes and were worth 5.8 billion kroner (£535 million), up 11 per cent in value and four…

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