POST Online Media Lite Edition



 

2019 expected to be first year in which Norwegian seafood exports exceed NOK 100 billion

Christian Fernsby |
Norway has exported 1.8 million tonnes of seafood worth NOK 76.2 billion so far this year. This is a decrease of 7 per cent in volume, but an 8 per cent, or NOK 5.5 billion, increase in export value compared with the same period last year.

Article continues below



Topics: NORWEGIAN    SEAFOO   

In September, Norway exported 203,000 tonnes of seafood worth NOK 8.7 billion. This is an increase in volume of 18 per cent, while the value increased by 14 per cent or NOK 1.1 billion from the same month last year.

So far this year, Norway has exported 806,000 tonnes of salmon worth NOK 52.3 billion. This is an increase in volume of 6 per cent, while the value has increased by 6 per cent or NOK 3.1 billion from the same period last year.

Norway exported 109,000 tonnes of salmon for NOK 6.1 billion in September. This is a volume increase of 24 per cent, while the value increased by 7 per cent or NOK 412 million. The average price for whole fresh salmon in September was NOK 50.08 per kg, compared with NOK 60.96 per kg in September 2018. So far this year, Poland, France and Denmark have imported the most salmon from Norway.

Led by fresh salmon, which is growing at 92 percent, we have seen positive development across all seafood export categories to the Chinese market. Exports of both mackerel and king crab have more than doubled their value compared to the same period last year. At the end of Q3, exports to China total NOK 1 billion, making China the largest growth market for Norwegian seafood so far this year.



The fascinating seafood market in South Korea craves Norwegian seafood South Korea is a world leader in seafood consumption, and consumers know what they want. The latest study, launched during the Norwegian ministerial visit on October 16, shows that the origin of seafood is one of the most important pieces of information consumers are looking for at the point of purchase. This is precisely one of the reasons why Korean consumers have so enthusiastically adopted Norwegian seafood.

Year to date, Norway has exported 40,800 tonnes of trout worth NOK 2.6 billion. This is a 30 per cent increase in volume, and a 25 per cent, or NOK 516 million, increase in value from the same period last year. In September, Norway exported 5,420 tonnes of trout for NOK 325 million. This represents a volume increase of 46 per cent, while the value of trout exports has increased by 26 per cent or NOK 63 million. So far this year, the United States, Belarus and Thailand have been the largest importers of trout from Norway.


What to read next

Scottish salmon harvests set to fall sharply, Norway grows strongly
FAO predicts lower prices over next decade
Record sugarcane crush in Center-South Brazil likely

Ireland's EirGrid issued second amber alert for electricity generation system

 
Ireland's electricity system is experiencing "tight margins", according to EirGrid, due to low wind, limited electricity imports, and forced outages at a number of generators.
 
 

Latest

Hungary's MOL prepared to pay for transit of Russian oil through Ukraine
Two Russia's regions exported more than 820,00 tons of fish products since beginning of 2022
Botswana to produce battery metals
Over 700,000 Ukrainian workers in Poland

NEWS

Operation to rescue trapped miners in Mexico to begin this week

Mexican military deployed to help battle fire at oil facility in Cuba
U.S. obtains warrant for seizure of plane of sanctioned Russian oligarch Andrei Skoch
U.S.: Dangerous heat in northeast and northwest
UK Met Office issued Amber Extreme heat warning, health agency Level 3 Heat Health Alert
Germany’s largest crematorium works around the clock to save on gas consumption
 

BUSINESS

U.S. housing inventory rises at record-breaking speed

Belarusian exports to Russia hit $2 bln per month
Russian coal ban to take effect in EU
City of Chicago to buy 100% renewable power by 2025
Harris County Attorney Menefee announces EPA investigation into Texas concrete plant permitting
Biden signs bill to boost U.S. chips, compete with China
 

Trending Now

City of Chicago to buy 100% renewable power by 2025

Whirlpool acquires InSinkErator for $3 billion

Mexican military deployed to help battle fire at oil facility in Cuba

Botswana to produce battery metals


POLITICS

China and Australia not ready to solve disputes

Commission approves Italian scheme under RRF to support biomethane production
Commission approves €149 million Romanian scheme under RRF to support renewable hydrogen production
Prisoners in UK to be upskilled in cutting-edge farming techniques
Agriculture Ministry: Firewood production remains sustainable in Hungary
Lithuanian FM: Russia should find way to pay for Kaliningrad transit by itself
 

Today We Recommend

Botswana to produce battery metals


Highlights 

Micron to invest $40 billion by 2030 to build U.S. memory plants

Whirlpool acquires InSinkErator for $3 billion

Devon Energy to buy Validus for $1.8 billion


COMPANIES

Micron to invest $40 billion by 2030 to build U.S. memory plants

Ground staff at Germany's Munich Airport to strike
HEICO subsidiary acquires RF and microwave switch maker Charter Engineering
Papa Murphy's parent acquires Famous Dave's parent for $200 million
Imspex Diagnostics' BreathSpec instrument receives CE Mark for COVID-19 testing
German Eukalin acquires Adhesives Specialists from Pennsylvania
 

CAREERS

Daseke appoints Bruce Blaise to board

Island Pacific appoints Herman Chiu as CFO
Horizon Bancorp appoints Thomas M. Prame as president
Encora appoints Deepak Bhandari as EVP, head of corporate development
Firmenich: Maurizio Clementi interim president of taste and beyond division
Joyce Farms appoints two new leaders
 

ECONOMY

German economy to lose $265 billion in added value

Czech Republic reports $500mln trade deficit in June
Philippine GDP grows 7.4 percent on year in Q2
Georgia's July net tax revenues up 2.5%
Conference Board Employment Trends Index decreased in July
China's foreign trade of goods up 10.4% in first seven months
 

EARNINGS

Ralph Lauren Q1 2023 EPS $1.73

Capri Holdings Q1 profit
Lenovo Q1 net income grew 11%
Legal & General H1 profit £1,160m
Munich Re Q2 profit €768m
TreeHouse Foods Q2 net sales increased 19.4%
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

Namibia lifts restrictive measures after controlling H5N1 avian influenza

Tanzania signs 21 irrigation scheme contracts for over 26,000 ha of land
Australia: Be on guard for foot-and-mouth scam emails seeking your confidential information
Saudi Arabia allows imports of fruits and vegetables from Serbia
Brazil's fish exports double in H1
Vietnam: Agro-forestry and fishery exports in July 2022 estimated at 4.76 billion USD
 

LEADERSHIP

If company overcomes post-IPO innovation slump, it will survive longer

62% of consumers will stop buying from brands that compromise products to cut costs
Companies must invest to avoid supply chain scandal or pay the price in lost consumers
How awards, recognition decrease inventors' creativity
Keeping employees is harder than ever. And we don't have good news
How much is 'great resignation' costing companies?
 

CRIME

PwC fined $2 million over BT audit after fraud discovered in Italy

Guardia di Financa finds unregistered foreign company operating in e-commerce
Iowa AG sues tobacco companies over $133 million in withheld payments
AG Bonta announces $15.5 million judgment against Rent-A-Center
Illinois AG Raoul announces agreement with former opioid maker Allergan
AG Shapiro secures preliminary agreement with Teva for $4.25 billion
 

Magazine

TRAVEL

Avani Chaweng Samui Hotel & Beach Club opens in Thailand

Buffalo Bill is coming to Manitowoc with his Wild West show
Pullman Doha West Bay Hotel opens in Qatar
DoubleTree by Hilton hotel opens in Malaysia
Great Dorset Chilli Festival, the hottest festival in UK
Selina Serenity Rawai Phuket Hotel opens in Thailand
 

SEA, LAND, AIR

Porsche unveils newest generation of 911 GT3 R

2023 Subaru Crosstrek sells like hotcakes
New Mercedes‑Benz GLC, at home on any terrain
GMC unleashes new 2023 Sierra 1500 AT4X AEV Edition
First BMW M3 Touring presented
Southern Wind Power of 2, just for you and ocean ahead
 

DESIGN

Nobody's Child, everybody's favorite

Freddy WR.UP, pants that hug you in all the right places
Stylishly luxurious house design
Great design ideas that might not work for you
Garden mirrors, explore new views of your garden
Unusual and highly functional lamps
 

GADGETS

Shure MV7 professional dynamic microphone now available in new limited-edition color

Forget streaming services, use McIntosh MR89 to enjoy AM/FM music
Infinix NOTE 12 PRO, first smartphone powered by MediaTek Helio G99
MW75 active noise-cancelling headphones, variety of new features
Parasound JC 1+ mono power amplifier by John Curl, pure delight
Cambridge Audio SX80, stylish loudspeakers for any room
 

HEALTH

Germany records first case of monkeypox in child

Denmark to offer monkeypox vaccine to gay men
Guatemala confirms first case of monkeypox
First monkeypox case identified in Moldova
At least 12 deaths reported in cholera outbreak in Afghanistan's Jawzjan
Batten disease, a group of fatal genetic disorders
 

MEANTIME

Drought increases toxic microbe-laden dust landing in Sierras

Ancient source of oxygen for life hidden deep in Earth's crust
Length of Earth's days has been increasing, scientists don't know why
South Korea launches first lunar orbiter
Bantu speakers crossed through Central African Rainforest 4,000 years ago, changed everything
Webb telescope captures colorful Cartwheel Galaxy