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Steady start for cod exports in 2015

Press release -

Steady start for cod exports in 2015

Norway exported cod, saithe, haddock and other groundfish to a combined value of NOK 1 billion in January. This is a slight decline of 3 per cent or NOK 31 million compared with the strong sales of January last year. Total exports by volume were 30,414 tonnes of cod fish in January, a decrease of 33 per cent compared to January 2014.

"January 2014 was exceptionally strong and large quantities of frozen whole cod and fresh skrei were exported. This year we are closer to a normal situation and we are seeing a decrease in export quantity for several products. In particular, exports of frozen whole and fresh whole cod have reduced somewhat", says Ove Johansen from the Norwegian Seafood Council.

Overall exports of all frozen groundfish products reduced by NOK 99 million to total NOK 274 million in January. Whole frozen cod saw the sharpest reduction, from over 14,000 tonnes in January 2014, to 3,800 tonnes this year. Whole frozen cod saw a large price increase of 56 per cent, from NOK 15.51 to NOK 24.18 per kg.

New Product Number for Quality Marked Skrei

Exports of fresh cod fish products were worth NOK 271 million in January. This is a decline of 7 per cent, or NOK 20 million from January 2014.

Skrei has for the first time now received its own product number. In January, 425 tonnes of cod were exported worth NOK 17.4 million. The average price achieved was NOK 40.92 per kg. Exports of fresh cod totalled NOK 114 million in January, a decrease of NOK 64 million from the January 2014 total of NOK 178 million. The average price in January was NOK 22.61 per kg compared with NOK 19.96 per kg the previous year.

Strongest January ever for bacalhau

Norway exported clipfish worth NOK 444 million in January. This is a 49 per cent, or NOK 145 million improvement year-on-year. In total 9,568 tonnes of clipfish were exported in January, an increase of 766 tonnes, or 9 percent on January 2014. Of this, exports of Atlantic cod clipfish were worth NOK 207 million, an increase of NOK 77 million on January 2014. The price achieved was 17 per cent higher than a year earlier. Sei clipfish exports were valued at NOK 190 million, an increase of NOK 59 million on January 2014. The price for saithe rose by an average of 10 per cent on the previous year. The largest single market for clipfish in January was Brazil. Exports of clipfish to Brazil were worth NOK 290 million in January, NOK 140 million more than in January 2014.

Growth in salted fish exports

Exports of salted fish, both whole and fillet, were worth NOK 39.3 million in January. An increase of 23 per cent, or NOK 7.3 million compared with January 2014. The volume of exports totalled 1106 tonnes of salted fish in January. This is a 2 per cent reduction from January 2014. The average price for salted fish rose by 26 per cent in January year-on-year. Greece was the biggest market, buying salted fish worth NOK 14 million. An increase of 96 per cent from January 2014.

Inflation for stockfish

Exports of stockfish were worth NOK 59 million in January. This is 8 per cent higher than January the previous year. Some 503 tonnes of stockfish were exported in January, a 22 per cent decline year-on-year. 415 tonnes of Lofoten round cod were exported to a value of NOK 50.5 million in January. This is an increase of 22 per cent, or NOK 9.1 million from January 2014. The average price for stockfish was NOK 121.66 per kg in January. An increase of 20 per cent from January last year.

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The Norwegian Seafood Council is a joint marketing organisation for the Norwegian seafood industry and invests NOK 504 million annually in the development of markets for Norwegian seafood products. The council has its head office in Tromsø and offices in thirteen of Norway’s most important seafood markets. The Norwegian seafood industry finances the activities of the council through fees levied on all exports of Norwegian seafood.

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

Contacts

Martin Skaug

Martin Skaug

Press contact Communications director +47 915 59 902
Dag Sørli

Dag Sørli

Press contact PR Manager PR & Kommunikasjon +47 970 16 311

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Proudly representing Seafood 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.