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New record: Norway seafood exports total NOK 8,6 billion in January

Staff Writer |
In January 2019 Norway exported 200,600 tonnes of seafood worth NOK 8.6 billion.

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This is a reduction of 7,700 tonnes or 4 percent in volume but an increase of NOK 992 million or 13 percent in value compared with January 2018.

The relationship between fisheries and aquaculture remains more or less the same as January 2018. Aquaculture contributes to 70 percent of seafood exports by value, and 45 percent by volume. The value of aquaculture exports has increased by 13 percent, while export volumes are at the same level as last year.

For fisheries, year-on-year export value has increased by 8 percent, while export volume has reduced by 8 percent.

In January, 86,000 tonnes of salmon were exported with a value of NOK 5.7 billion.

This is an increase in volume of 1,800 tonnes, or 2 percent, while export value has increased by NOK 700 million or 14 percent compared with January last year. The average price for fresh whole salmon in January was NOK 62.93 per kg compared with NOK 56.99 per kg in January 2018. Poland, France and the United States were the largest markets for Norwegian salmon.

In January, the US was the market that saw the strongest growth in value. Increased exports of fresh and frozen fillets have driven this growth. Strong growth in exports to Poland, Denmark, and the Netherlands, which to a large extent process salmon for consumption in other EU markets.

In January, 4,000 tonnes of trout were exported with a value of NOK 266 million. Export volume increased by 766 tonnes, or 24 percent, while export value increased by NOK 59 million or 29 percent compared with January 2018. The US, Belarus and Thailand were the largest export markets for trout in January.

4,700 tonnes of fresh cod were exported, including skrei, with a total export value of NOK 227 million.

January saw a year-on-year reduction in volume of 900 tonnes or 16 percent while the value of exports remains at the same level as last year.

Skrei represents 900 tonnes of the overall volume, which is an increase of 312 tonnes or 53 percent compared with January last year. The value of skrei exports totalled NOK 49 million, an increase of NOK 20 million or 67 percent. Denmark, Latvia and Sweden are the largest export markets for fresh cod in January.

“We are now in a new skrei season, and it is clear that market demand is there. As of January, we have already exported 900 tonnes of skrei, some 300 tonnes more than in January 2018, and the largest volume exported tracking began in 2015.

In line with other cod products, we see prices continuing to increase into the new year. The average price for skrei was NOK 54.53 per kg in January, an increase of 9 percent. This is partly due to a smaller cod catch this year compared to January 2018”, says seafood analyst Ingrid K. Pettersen.

In January, 9,900 tonnes of frozen cod were exported with a value of NOK 401 million. This represents an increase in volume of 2,000 tonnes, or 25 percent, while export value increased by NOK 130 million or 48 percent. China, the UK and Lithuania were the most significant export markets for frozen cod in January.

“The 25 percent increase in volume is due to the fact that cod catches were larger this year. The increase in value is due to both a growth in demand in the market that is higher than the growth in volume, combined also with a weaker Norwegian krone”, says seafood analyst, Ingrid K. Pettersen.

9,400 tonnes of clipfish were exported with a total value of NOK 416 million. Both volume and value remain unchanged from January 2018. Brazil, Portugal and the Dominican Republic were the main export markets in January.

9,400 tonnes of clipfish were exported with a total value of NOK 416 million. Both volume and value remain unchanged from January 2018. Brazil, Portugal and the Dominican Republic were the main export markets in January.

In January, 828 tonnes of salted fish were exported with a value of NOK 40 million. Export volume fell by 197 tonnes or 19 percent, while export values fell by NOK 6 million or 14 percent compared with January 2018. Portugal, Italy and Greece were our main markets in January.

In January, 33 300 tonnes of herring were exported with a total value of NOK 282 million. This is a reduction in volume of 920 tonnes or 3 percent, while export value fell by NOK 42 million or 13 percent. Lithuania, Germany and Poland were the main markets for herring in January.

In January, 22 600 tonnes of mackerel were exported with a value totalling NOK 376 million.

Export volume increased by 2,900 tonnes or 15 percent while export value increased by NOK 132 million or 54 percent. The price for frozen mackerel increased by 34 percent compared to January 2018 reaching NOK 16.19 per kg. The price in January remains the same as in December. China, South Korea and the Netherlands were the largest mackerel export markets in January.

1,800 tonnes of prawns were exported with a value of NOK 111 million. This represents an increase in volume of 1,200 tonnes or 175 percent, while export value has increased by NOK 58 million or 110 percent compared with January last year. Iceland, Sweden and the UK were the largest export markets in January.

239 tonnes of king crab were exported with a total value of NOK 70 million. This is an increase in volume of 70 tonnes or 41 percent, while export value increased by NOK 21 million or 44 percent. South Korea, the United States and Spain were the largest recipients of king crab in January.


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