Never before has Norway exported a greater value of seafood than in the first six months of 2017. The increase is due primarily to record-high salmon prices but also to strong growth in export volumes to the U.S. and Asian markets.
Norway exported 163,000 tonnes of seafood with a value of NOK 7.6 billion in May. The volume was at the same level as May 2016, while export value increased by NOK 888 million or 13 per cent. So far this year, Norway has exported 1.1 million tonnes of seafood worth NOK 39 billion. Export volumes have increased by 3 per cent, while the year-on-year growth in value is NOK 3.2 billion or 9 per cent.
In April Norway exported 151,000 tonnes of seafood to a value of NOK 6.8 billion. So far this year, Norway has exported 886,000 tonnes of seafood worth NOK 31 billion. Export volumes are at the same level as last year, while the value of Norwegian seafood exports has increased by NOK 2.3 billion or 8 per cent.
Norway exported 129 000 tonnes of cod, saithe, haddock and other groundfish to a value of NOK 4.2 billion in Q1 2017. This is a 5 per cent increase in terms of volume and a 6 per cent increase in value from the same period last year. The biggest increase was for frozen products, particularly frozen whole fish. But there was also a substantial increase in exports of whole clipfish.
Norway has exported 636,000 tonnes of seafood worth NOK 24.1 billion in the first quarter of this year. This is an increase of 13 per cent or 2.7 billion compared with the first quarter last year. Volume fell by 7 per cent.
Norway exported seafood to a value of NOK 91.6 billion in 2016. It is 23 per cent, or NOK 17 billion more than in the previous record year 2015.
Norway exported cod, saithe, haddock and other whitefish worth NOK 13.8 billion in 2016. This is an increase of 6 per cent, or NOK 800 million from 2015.
Entering the last month of 2016, the Norwegian seafood industry year to date exports totalled NOK 83.2 billion. By value this represents an increase of NOK 16 billion compared to the same period last year.
The value of Norwegian salmon in October exceeded the total export value for the whole of 2015. Export value increases were highest in Asia, North America and Africa.
Norway has beaten all previous records and exported seafood worth NOK 65 billion this year to date. This is an increase of 26 per cent or NOK 13.2 billion compared with the same period last year. September exports marked an all time high, totalling NOK 8.8 billion. An increase of 31 per cent or NOK 2.1 billion from September 2015.
The price of Norwegian salmon remains high. With an average price of NOK 58 per kg, export values in August were 42 per cent higher than the same month in 2015. Norwegian trout prices have doubled.
Norway exported seafood worth NOK 6.6 billion in July. This is an increase of 15 per cent or NOK 882 million compared with July 2015. So far this year, seafood exports have totalled NOK 49.2 billion. An increase of 24 per cent or NOK 9.5 billion compared to the same period in 2015.