New Norwegian seafood export record for July

Press Releases   •   Aug 03, 2018 04:00 GMT

Norway exported 159,000 tonnes of seafood worth NOK 7.1 billion in July. Year-on-year growth by volume was 8 per cent, while export value increased by 7 per cent or NOK 2.2 billion from July 2017.

Norwegian salmon exports expected to grow in H2 2018

Press Releases   •   Jul 25, 2018 12:17 GMT

Norwegian salmon farmers broke records during H1 2018. Seafood analyst Paul T. Aandahl explains what has driven this value growth and provides guidance on further growth scenarios for Norwegian salmon for the remainder of 2018.

Another record for Norwegian seafood exports in H1 2018

Press Releases   •   Jul 04, 2018 04:00 GMT

Never before have Norwegian seafood exports reached the record levels achieved during the first half of 2018. EU markets have seen strong growth in demand, and this has contributed to record-breaking export values for several species, making the first six months of the year the best ever for Norwegian seafood exports.

Strong demand drives record prices for salmon

Press Releases   •   Jun 05, 2018 04:00 GMT

Norway exported 165,000 tonnes of seafood with a total value of NOK 8.5 billion in May. Volumes were down by 11 per cent, while export values were up by NOK 821 million or 11 per cent compared with May 2017. So far this year, Norway has exported 1.2 million tonnes of seafood worth a value of NOK 40 billion. Export volumes have increased by 12 per cent, while the total export value has grown by NOK 1.6 billion or 4 per cent.

“With an average price of NOK 73.73 per kg of fresh whole salmon, we are seeing the highest monthly average price for salmon during May. The reasons for these high prices are a combination of strong demand and a still weak Norwegian kroner in relation to the euro. Export values for Norwegian salmon to the EU have never been higher in a single month. The export value for salmon to the EU in May ended at NOK 4.6 billion”, says Asbjørn Warvik Rørtveit with the Norwegian Seafood Council.

Increased value for salmon

Norway exported 81,000 tonnes of salmon worth a total of NOK 6.1 billion in May. The volume of exports to the EU was 10,500 tonnes, while the total growth in volume was 8,400 tonnes or 12 per cent. Export value increased by NOK 851 million or 16 per cent compared with May last year. So far this year, 400,000 tonnes of salmon have been exported realising a total value of NOK 27 billion.

While the average price for fresh whole salmon was NOK 69.76 per kg in May 2017, by May 2018 it had risen to NOK 73.73 per kg. Poland, France and Denmark were the largest export markets for Norwegian salmon in May. The United States also saw a strong rise in export value, up NOK 82 million or 24% compared to May last year. This represents the best May-month for export of Norwegian seafood to the United States ever.

"Americans are consuming Norwegian salmon like never before, and I think it's because Norway's seafood is known to be free of antibiotics and farmed using sustainable practices." Growth in the United States shows the importance of the authorities and industry working together to ensure good market access. But we cannot rest on our laurels, ensuring good trading conditions will also continue to be crucial for achieving growth in the future" says Per Sandberg, Minister of Fisheries.

Trout exports are up

I mai ble det eksportert 4 300 tonn ørret til en verdi av 316 millioner kroner. Volumet økte med 54 prosent, mens verdien økte med 87 millioner kroner eller 38 prosent, sammenlignet med mai i fjor. Hittil i år er det eksportert 18 000 tonn ørret til en verdi av 1,2 milliard kroner. USA og Hviterussland var våre største marked for ørret i mai. In May, 4,300 tonnes of trout were exported with a value of NOK 316 million. Export volume increased by 54 per cent, while export value increased by NOK 87 million or 38 per cent, compared with May 2017. So far this year, 18,000 tonnes of trout have been exported with a value of NOK 1.2 billion. USA and Belarus were our largest export markets for trout in May.

Up for fresh and down for frozen cod

5,700 tonnes of fresh cod, including fillets, were exported with a total value of NOK 203 million in May. Export value was up by NOK 21 million or 12 per cent and export volume rose by 226 tonnes or 4 per cent in May. So far this year, 48,000 tonnes of fresh cod have been exported with a total value of NOK 1.7 billion.

In May, 6,000 tonnes of frozen cod were exported with a total value of NOK 216 million. This is a reduction in volume of 1 300 tonnes or 17 per cent, while export value fell by NOK 20 million or 8 per cent. So far this year, 33,000 tonnes of frozen cod have been exported with a total value of NOK 1.2 billion.

Clipfish exports rise

7,600 tonnes of clipfish were exported with a total value of NOK 373 million in May. This is an increase in volume of 700 tonnes or 10 per cent, while export value has increased by NOK 28 million or 8 per cent. Portugal, the Dominican Republic and Jamaica were the largest importers of clipfish from Norway in May. So far this year, 36,000 tonnes of cutlery have been exported to a value of NOK 1.6 billion.

Salted fish exports are up

In May, 4,700 tonnes of salted fish were exported with a value of NOK 237 million. Export volume increased by 180 tonnes or 4 per cent, while export value increased by NOK 28 million or 13 per cent. Portugal remained the largest recipient of salted fish from Norway in May, up 6% in volume compared with the previous year. So far this year, 18,000 tonnes of salted fish have been exported to a total value of NOK 895 million.

Herring exports are down and mackerel exports are up

10,300 tonnes of herring were exported with a value of NOK 109 million in May. This is a reduction in volume of 3,600 tonnes or 26 per cent, while export value fell by NOK 36 million or 25 per cent. Poland, Germany and Ukraine were the key markets for herring in May. So far this year, 113,000 tonnes of herring have been exported with a value of NOK 1 billion.

11,000 tonnes of mackerel were exported in May with a total value of NOK 149 million. Export volume increased by 1,400 tonnes or 14 per cent, while the value increased by NOK 18 million or 14 percent. Ukraine, Japan and Vietnam were the largest export markets for mackerel in May. So far this year, 72,000 tonnes of mackerel have been exported with a total value of NOK 927 billion.

Growth in export value for king crab and prawns

73 tonnes of king crab worth a total of NOK 21 million were exported in May. This is an increase of 5 tonnes or 8 per cent, while export value has increased by NOK 3 million or 18 per cent. So far this year, 567 tons of king crab has been exported with a total value of NOK 161 million.

For prawns, export volume increased by 23 tonnes or 3 per cent to a total of 891 tonnes, while export value increased by NOK 10 million or 16 per cent to a total export value of NOK 72 million in May. So far this year, 3,700 tonnes of prawns have been exported with a total export value of 304 million.

The Norwegian Seafood Council works with the Norwegian fisheries and aquaculture industries to develop markets for Norwegian seafood through local market intelligence, market development and reputational risk management. The Seafood Council is headquartered in Tromsø and maintains local representatives in twelve of Norway's most important international markets. The Norwegian seafood industry finances the activities of the Norwegian Seafood Council via a tariff on all Norwegian seafood exports.

The Norwegian Seafood Council is a public company owned by the Ministry of Trade, Industry and Fisheries.

Norway exported 165,000 tonnes of seafood with a total value of NOK 8.5 billion in May. Volumes were down by 11 per cent, while export values were up by NOK 821 million.So far this year, Norway has exported 1.2 million tonnes of seafood worth a value of NOK 40 billion. Export volumes have increased by 12 per cent, while the total export value has grown by NOK 1.6 billion or 4 per cent.

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What a season for Norwegian cod! Spring cod is breaking records

Press Releases   •   May 04, 2018 04:00 GMT

Norway exported 927,000 tonnes of seafood with an export value of NOK 31.5 billion. The volume is the same as last year, and export values have increased by NOK 485 million or 2 per cent, compared with the first four months of 2017. In April, we exported 172,000 tonnes of seafood worth NOK 7.7 billion. The export volume is down 4 per cent, while exports increased by NOK 847 million or 12 per cent.

Seafood from Norway is Official Seafood Partner for World’s 50 Best Restaurants

Press Releases   •   Apr 25, 2018 09:03 GMT

The very best of Norwegian shellfish will be on everyone’s lips when the gastronomical elite meets in Bilbao for the World’s 50 Best Restaurants awards in June.

ALL TIME RECORD QUARTER FOR NORWEGIAN COD

Press Releases   •   Apr 05, 2018 04:00 GMT

Norway exported 676,000 tonnes of seafood with a value of NOK 23.7 billion in the first quarter. This is a volume decline of 8 per cent and a decline of 2 per cent or NOK 488 million compared with the first quarter last year.

Norwegian seafood exports decline generally in February, but shored up by growth in codfish exports

Press Releases   •   Mar 06, 2018 05:00 GMT

Norway exported 176,935 tonnes of seafood with a value of NOK 7 billion in February. This represents a volume decline of 66,500 tonnes or 27 per cent and a reduction in export value of NOK 631 million or 8 per cent compared with February last year.

"Great weather at the start of this year has led to higher catches of cod compared with the same period last year. This means that we are seeing an increase in exports of fresh cod. Meanwhile, a strengthening of the euro measured against the same month last year has resulted in lower import prices for seafood from Norway. This has favored the EU as a market in the first months of 2018”, says Asbjørn Warvik Rørtveit, Director of Market Insight and Market Access with the Norwegian Seafood Council.

So far this year, Norway has exported 386,000 tonnes of seafood worth NOK 14.7 billion. This is a volume decline of 32,000 tonnes and reduction in value of NOK 484 million compared with the same period last year.

Salmon exports are down

Norway exported 75,700 tonnes of salmon with an export value of NOK 4.7 billion in February. This is a decline of NOK 233 million or 5 per cent, compared with February last year. At the same time, export volume has increased by 3,700 tonnes, or 5 per cent.

Salmon prices rose by NOK 1.52 per kg from January to February, giving a price of NOK 58.52 per kg. Average prices achieved were 9 per cent lower compared with February last year. "The EU market is taking an increasing share of the Norwegian export despite high consumer prices for salmon. The main reasons for this are a strengthening of the euro and a lower export price compared with the same periode last year, says Seafood Analyst Paul T. Aandahl with the Norwegian Seafood Council. 

So far this year, Norway has exported 160,000 tonnes of salmon worth NOK 9.7 billion. Poland, France and Denmark were the largest recipients of salmon from Norway in February.

Trout exports remain stable

In February Norway exported 3,000 tonnes of trout worth NOK 184 million. Export volumes have increased by 600 tonnes, or 25 per cent, while the export value was stable compared with February last year. So far this year, Norway has exported 6,000 tonnes of trout worth NOK 390 million. Belarus, Poland and the United States was the largest markets for trout in February.

Increased exports for both fresh and frozen trout

13,100 tonnes of fresh cod were exported, including fillet and skrei, worth a total of NOK 459 million in February. This is a volume increase of 378 tonnes or 3 per cent, and a value increase of NOK 21 million or 5 per cent.

The average price of fresh whole cod increased by 3 per cent from February last year, and the value increased by NOK 25 million or 7 per cent. Exports of skrei amounted to 1,800 tonnes, which is a decrease of 61 tonnes or 3 per cent compared with February last year. The average price level was at the same level as February 2017, which resulted in a fall in value of NOK 2 million or 3 per cent. So far this year, Norway has exported 2,424 tonnes of trademarked skrei with an export value of NOK 98 million.

In February, Norway exported 7,500 tonnes of frozen cod, including fillet, worth NOK 268 million. This is a volume increase of 1,200 tonnes or 18 per cent, and a value increase of NOK 46 million or 21 per cent. China and the UK were the largest markets for frozen cod in February.

Early Easter leads to reduced clipfish exports in February

5,500 tonnes of clipfish were exported in February, with an export value of NOK 230 million. This is a reduction in volume of 1,200 tonnes, or 18 per cent, and a drop in value of NOK 43 million or 16 per cent compared with February last year. So far this year, 15,000 tonnes of clipfish have been exported with a value of NOK 648 million. This represents a slight value increase of NOK 8 million or 1 per cent.

"The Brazilian market explains the reduction in clipfish exports in February. With an early Easter this year, the Easter sale of clipfish to Brazil was more or less complete by the end of January. Therefore we do not interpret this reduced volume as in any way dramatic, but simply the result of forward planning and periodization which has affected February this year”, says Seafood Analyst Ingrid Kristine Pettersen with the Norwegian Seafood Council,.

Salted fish exports grow

In February, 2,200 tonnes of salted fish, including fillets, were exported with a value of NOK 106 million. This is a volume increase of 200 tonnes, or 10 per cent, and an increase in value of NOK 21 million, or 25 per cent. So far this year, 3,200 tonnes of salted fish have been exported with a total value of NOK 152 million, which corresponds to a 15 per cent increase in value. Greece and Portugal were our main salted fish markets in February.

Herring and mackerel exports are down

24,200 tonnes of herring with an export value of NOK 218 million were sold in February. This is a decrease in volume of 6,400 tonnes or 21 per cent, while the export value fell by NOK 120 million or 36 per cent compared with February last year. So far this year, 58,800 tonnes of herring have been exported with a value of NOK 545 million. Poland and Lithuania were the most important markets for herring in February.

In February, 17,600 tonnes of mackerel were exported with a value of NOK 223 million. Export volumes fell by 8,000 tonnes or 32 per cent, and value saw a fall of NOK 69 million or 24 per cent. So far this year, 37,300 tonnes of mackerel have been exported with a combined value of NOK 467 million. Turkey and Japan were the most important markets for mackerel in February.

Growth in February for King Crab and prawns

202 tonnes of king crab were exported with a total value of NOK 55 million in February. This is an increase in volume of 44 tonnes, or 28 per cent, and an increase in value of NOK 15 million or 37 per cent. So far this year, 375 tonnes of king crab have been exported with a total value of NOK 104 million.

Norway exported 656 tonnes of prawns with a total value of NOK 55 million in February. This is a volume increase of 142 tonnes or 28 percent, and a value increase of NOK 15 million or 39 per cent. So far this year, 1 327 tonnes of prawns have been exported with a value of NOK 108 million.

The Norwegian Seafood Council works with the Norwegian fisheries and aquaculture industries to develop markets for Norwegian seafood through local market intelligence, market development and reputational risk management. The Seafood Council is headquartered in Tromsø and maintains local representatives in twelve of Norway's most important international markets. The Norwegian seafood industry finances the activities of the Norwegian Seafood Council via a tariff on all Norwegian seafood exports.

The Norwegian Seafood Council is a public company owned by the Ministry of Trade, Industry and Fisheries.

Norwegian seafood exports fell by 8 per cent in February Weak February month for seafood exports Codfish shores up seafood exports in February Good weather was also a positive factor for seafood exports Strong month for cod despite overall decline for seafood exports

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Focus on seafood for Norwegian PM on visit to Japan

Press Releases   •   Feb 16, 2018 08:49 GMT

​This week, the Norwegian Prime Minister Erna Solberg met with Prime Minister Shinzo Abe in Tokyo, to honor the unique relationship between Japan and Norway. High on the agenda was how these two ocean nations can work even closer together in the future, and further strengthen mutually beneficial trade relations, also within the seafood category.

Bumper start to Norwegian seafood exports for 2018

Press Releases   •   Feb 05, 2018 05:00 GMT

Norway exported 198,000 tonnes of seafood worth NOK 7.7 billion in January. An increase in volume of 23,000 tonnes or 13 per cent and a NOK 143 million or 2 per cent rise in value compared with January last year.

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About Norwegian Seafood Council

We believe that “The best seafood in the world comes from Norway”!

The Norwegian Seafood Council works with the Norwegian fisheries and aquaculture industries to develop markets for Norwegian seafood through local market intelligence, market development and reputational risk management. The Seafood Council is headquartered in Tromsø and maintains local representatives in twelve of Norway's most important international markets. The Norwegian seafood industry finances the activities of the Norwegian Seafood Council via a tariff on all Norwegian seafood exports. The Norwegian Seafood Council is a public company owned by the Ministry of Trade, Industry and Fisheries.

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