POST Online Media Lite Edition



 

Best half-year ever for Norwegian seafood exports

Christian Fernsby |
In the first half of 2019, Norway exported 1.3 million tonnes of seafood with an export value of NOK 51.2 billion.

Article continues below




This is a 13 per cent decrease in volume and but an increase of 7 per cent, or NOK 3.1 billion in value, measured against the same period in 2018.

The decline in volume compared to the same period last year is mainly due to reduced exports of blue whiting and lack of soldering quota.

Demand for Norwegian seafood remains steady, and we see better conditions of access to individual markets.

In addition, the value of exports has been influenced by the currency situation, where a weak Norwegian krone has meant higher prices for exports of Norwegian seafood to euro and dollar markets.

The sum of these factors explains a record-setting half year for Norwegian seafood exports” says Tom-Jørgen Gangsø, Director of Market Insight and Market Access with the Norwegian Seafood Council.

Norway has exported 163,000 tonnes of seafood to a value of NOK 7.9 billion in June.

This reflects a volume decline of 19 per cent.

Export value is at the same level as in June 2018.

Norway has exported 506,000 tonnes of salmon to a value of NOK 34.6 billion in the first half of 2019.

This represents an increase of 5 per cent measured in volume, while the value increased by NOK 2.1 billion or 6 per cent compared with the first half of 2018.

Poland, France and Denmark were the largest recipients of salmon from Norway in the first half of 2019.

In June, Norway exported 82,300 tonnes of salmon worth NOK 5.7 billion.

This is a decrease in volume of 3 per cent, while the export value increased by 2 per cent or NOK 133 million compared to the first half of last year.

The average price for fresh whole salmon increased from NOK 61.77 per kg to NOK 64.20 per kg.

Norway has exported 24,700 tonnes of trout worth NOK 1.7 billion in the first half of 2019.

The volume of exports has increased by 19 per cent, while the value increased by NOK 276 million or 20 per cent compared with the first half of last year.

In June, Norway exported 5,600 tonnes of trout to a value of NOK 331 million.

This represents a volume increase of 76 per cent, and a value increase of NOK 110 million or 50 per cent.

The US, Belarus and Thailand were our largest markets for Norwegian trout in the first half of 2019.

Norway has exported 40,200 tonnes of fresh cod with a value of NOK 1.7 billion during the first half of 2019.

This is a decrease in volume of 21 per cent, and a fall of NOK 123 million or 7 per cent in export value.

In June, 2,100 tonnes of fresh cod were exported with a value of NOK 96 million.

This is a decrease in volume of 36 per cent, while export value fell by NOK 25 million or 20 per cent.

Denmark, Poland and the Netherlands were the largest recipients of fresh cod in the first half of 2019.

Norway has exported 40,100 tonnes of frozen cod worth NOK 1.7 billion in the first half of 2019.

This is an increase of 3 per cent, while the value increased by NOK 293 million or 21 per cent from the same period last year.

China, the UK and Lithuania were the largest recipients of frozen cod in the first half of 2019.

In June, Norway exported 3,600 tonnes of frozen cod worth NOK 166 million.

This is a decrease in volume of 41 per cent, while the value of exports fell by NOK 78 million or 32 per cent.

Norway has exported 41,700 tonnes of clipfish to a value of NOK 2 billion during the first half of the year.

This is a decrease in volume of 2 per cent, while the value increased by NOK 23 million or 1 per cent.

Portugal, Brazil and the Dominican Republic were the main markets for clipfish in the first half.

In June, Norway exported 5,300 tonnes of clipfish to a value of NOK 285 million.

This is a reduction of 23 per cent in volume and a fall in value of NOK 49 million or 15 per cent.

Norway has exported 17,000 tonnes of salted fish to a value of NOK 942 million in the first half of 2019.

This is a decrease in volume of 21 per cent, and a fall in value of NOK 107 million or 10 per cent.

Portugal, Spain and Greece were our main saltfish markets in the first half.

In June, Norway exported 2 800 tonnes of salted fish to a value of NOK 150 million.

This is a decrease in volume of 18 per cent, while export value fell by NOK 11 million or 7 per cent.

Norway has exported 1,100 tonnes of codfish to a value of NOK 239 million in the first half of 2019.

This is a decrease of 11 per cent, while export value increased by NOK 16 million or 7 per cent.

Italy, the USA, and Croatia were our main markets for cod stockfish in the first half.

In June, Norway exported 56 tonnes of cod dried fish to a value of NOK 12 million.

This is a decrease in volume of 63 per cent, while the value fell by NOK 14 million or 54 per cent.

Norway has exported 147,000 tonnes of herring to a value of NOK 1.3 billion in the first half of 2019.

This volume is at the same level as in 2018, while the value of herring exports has increased by NOK 35 million or 3 per cent.

Poland, Lithuania and Egypt were the main markets for Norwegian herring in the first half of 2019.

In June, Norway exported 19,000 tonnes of herring to a value of NOK 229 million.

This is a decrease in volume of 43 per cent, while the value of exports fell by NOK 48 million or 17 per cent.

Norway has exported 81,000 tonnes of mackerel to a value of NOK 1.4 billion in the first half of 2019.

This is an increase of 5 per cent, while the value increased by NOK 384 million or 38 per cent.

China, South Korea and Japan were the largest markets for Norwegian mackerel in the first half.

In June, Norway exported mackerel 8,800 tonnes of mackerel to a value of NOK 156 million.

This is an increase in volume of 26 per cent, while export value increased by NOK 59 million or 61 per cent.

Strong rise in export value of King Crab First half-yearNorway has exported 844 tonnes of king crab to a value of NOK 264 million in the first half of 2019.

This is an increase of 24 per cent, while the value increased by NOK 69 million or 35 per cent.

In June, Norway exported 124 tonnes of king crab to a value of NOK 39 million.

This is an increase in volume of 10 per cent, while the value increased by NOK 5 million or 13 per cent.

South Korea, the United States and the Netherlands were the largest recipients of Norwegian king crab in the first half of 2019.

7,500 tonnes of prawns were exported to a value of NOK 552 million in the first half of 2019.

This represents an increase in volume of 65 per cent, and an increase in value of NOK 178 million or 49 per cent in the first half of 2019.

The largest recipients of Norwegian prawns during the first half of the year were Sweden, the UK and Finland.

At the same time, we have also seen growth in volume and price in our most important consumer markets.

We have seen a large increase in export volume to the UK, which, as we have also seen for frozen cod, is partly explained by the ongoing uncertainty surrounding Brexit.

At the same time, we also see promising development in markets such as Sweden and Finland.

It appears that prawns are now a relatively fixed part of the fishermen's portfolio, and helps to ensure stability in the price of raw material,” says Ingrid K.

Pettersen.

In June, Norway exported 1,200 tonnes of prawns to a value of NOK 92 million.

This is an increase in volume of 35 per cent, while the value increased by NOK 22 million or 32 per cent compared with June last year.


What to read next

Another record for Norwegian seafood exports
All time record quarter for Norwegian cod
Norwegian seafood exports in Q1 2016 increased 22 percent

U.S.: Regional severe weather through early next week; early season heat wave across South

 
A very active and complex mid-May weather pattern is set to produce numerous areas of severe weather, heavy rain, high winds, and anomalous temperatures through this weekend.
 
 

Latest

Governor Hochul announces inflation refund checks up to $400 coming this fall
Czechia recovers CZK 60 million in dispute with European Commission
Colombia formally joins Belt and Road Initiative
Egg exports grow in April and Brazil expands its presence in new markets

NEWS

U.S.: Areas of excessive rainfall and severe thunderstorm potential today

Captain of Hong Kong ship charged with damage to Baltic gas pipeline
U.S.: Strong to severe thunderstorms from Southern Plains to Ohio Valley
U.S.: Severe thunderstorms, heavy rain and fire threat
Peru court jails ex-President Humala for money laundering
Bosnia risks air traffic shutdown over unpaid debt
 

BUSINESS

Italy, Greece to invest 1.9bn euro in new subsea interconnector

Iran to export BCG vaccine to Venezuela
Baker Hughes: U.S. oil rig count down by 5 to 474
U.S. rig count drops for first time in three weeks
Azerbaijan seeks investor to build bitumen materials plant
Baker Hughes: U.S. oil rig count up by 2 to 483
 

Trending Now

Concirrus appoints Steve O'Reilly as product manager

Suez Canal offers 15 pct discount for large container ships

Mission to "weigh" all of Earth's forests from space launched

UK: TRA recommendation for new duties on Chinese excavators accepted


POLITICS

€5 billion French scheme to facilitate export of wines and spirits to U.S.

EU to fully end its dependency on Russian energy
UK: TRA recommendation for new duties on Chinese excavators accepted
Commission: Sweden failing to fulfil its obligations under EU maritime security acquis
European Parliament approved wide framework for screening of foreign direct investments
Government and MBS Global Investments to create Maldives International Financial Centre
 

Today We Recommend

EU to fully end its dependency on Russian energy


Highlights 

Carrier to create 4,000 highly skilled jobs in U.S.

Boeing and Qatar Airways announce historic order for up to 210 widebody airplanes

Italy, Greece to invest 1.9bn euro in new subsea interconnector


COMPANIES

Carrier to create 4,000 highly skilled jobs in U.S.

Boeing and Qatar Airways announce historic order for up to 210 widebody airplanes
Suez Canal offers 15 pct discount for large container ships
LEGO Group will create 305 new jobs in Prince George County, Virginia
PPG will establish Cleveland County manufacturing center creating 110 jobs
Disney announces Abu Dhabi theme park and resort
 

CAREERS

Tom Montali joins CSL as business development director

Concirrus appoints Steve O'Reilly as product manager
Jetcraft appoints Philip Baer as sales director in U.S.
Pere Mañé appointed as new CEO of Suanfarma
Ben Söderling new CEO of Sovellusmestarit Oy and MoveRoll Oy
Helio Fujita joins Mars as global people & organization VP for petcare business
 

ECONOMY

NZ exports to EU jump 28% in first year of trade deal

EU generated €39.2 billion surplus in trade in agricultural products
California is now world’s 4th-largest economy
Thailand's exports jump 17.8 pct to 3-year high in March
Turkish exports hit second highest March figure on record
EU hourly labour costs ranged from €11 to €55 in 2024
 

EARNINGS

Ericsson Q2 sales down but North America up

Lockton revenue $3.55 billion
Motorcar Parts of America Q4 sales $189.5 million
Limoneira Q2 revenue $44.6 million
Lululemon athletica Q1 revenue increased 10% to $2.2 billion
PVH Q1 GAAP EBIT $205 million
 

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

Minister István Nagy: FMD immunity can be announced on May 30

£50 million equipment and technology grants to boost food production, farm profitability
Philippines approves beef supplies from Russia
Hong Kong: Import of poultry meat and products from areas in U.S. suspended
U.S.-Mexico reach agreement on screwworm
Tanzania bans agricultural imports from South Africa and Malawi
 

LEADERSHIP

Study: Missing a deadline has a bigger impact than you might think

Employers prefer younger job candidates for AI roles although experienced workers perform same or better
Study finds workers misjudge wage markets
Some organizations may need to expand their hierarchical structures earlier than others
Study finds there's right way and wrong way to deliver negative feedback in workplace
Allyship is critical and its needs appreciation
 

CRIME

EU fines carmakers €458 million for anti-recycling cartel

Commission fines Pierre Cardin and its licensee Ahlers €5.7 million for restricting cross-border sales of clothing
BHP, Vale agree to pay $30B damages for Brazil dam disaster
Commission fines České dráhy and Österreichische Bundesbahnen €48.7 million over collusion to exclude common compe
SEC charges Keurig with making inaccurate statements regarding recyclability of K-Cup beverage pod
SEC charges John Deere with FCPA violations for subsidiary’s role in Thai bribery scheme
 

Magazine

TRAVEL

Radisson Hotel Group debuts in the heart of Tunisia’s capital city, Tunis

Morocco’s first Radisson branded hotel opens in Casablanca
Buna channels, an unreal and beautiful part of Bosnia and Herzegovina
JW Marriott unveils Mindful Haven with opening of JW Marriott Hotel Nairobi
Sotheby's Sports Week returns with fantastic artifacts
Red Roof properties open in Michigan
 

SEA, LAND, AIR

Citroën C3 Aircross, the most affordable compact SUV with 7 seats

2025 Chevrolet Equinox stands apart with fresh looks and capability
Hill Helicopters HX50, luxury in the sky
Opel Movano becomes fully equipped camper van
Porsche Panamera, new hybrid variants
Dodge Charger, 670 horsepower of electric
 

DESIGN

Cold night, hot fire pit, cool entertainment

Embellish your home with PVC panels
You'll have to hurry if you want one of 20 new Louis Vuitton watches
Luxury duvet looks good, fells good and keeps you healthy
Vacheron Constantin, watches for life and more
Schüller kitchens, where functionality marries design
 

GADGETS

MESA/Boogie Celebrates 40-year partnership with John Petrucci

reMarkable 2, monochrome tablet for your thoughts and your eyes
OnePlus Ace 3V, first with Snapdragon 7 Plus Gen 3
ASUS Zenfone 11 Ultra, flagship with a reason
Samsung Galaxy S24 is photography powerhouse
Casette tapes are making a big comeback, and so are portable players
 

HEALTH

Hong Kong researchers develop needle-free flu vaccine with broad protection

World's first vaccines that don't need refrigeration entered trials
First patient enrolled in Phase 1 clinical trial of Akiram’s cancer drug candidate
FDA grants marketing authorization of first home test for chlamydia, gonorrhea and trichomoniasis
Human cases of anthrax reported in western Mongolia
One more barrier to developing vaccine for HIV removed
 

MEANTIME

Mission to "weigh" all of Earth's forests from space launched

NASA's SPHEREx space telescope begins mapping entire sky
Russian academics, gas industry experts see undersea LNG transportation as feasible
India launches space docking experiment mission
World-first carbon-14 diamond battery made
Einstein Telescope step closer