POST Online Media Lite Edition



 

Norwegian seafood exports fall for first time in 18 months

Christian Fernsby |
For the first time since September 2018, Norway has experienced a fall in the value of its seafood exports.

Article continues below



Topics: NORWEGIAN    SEAFOOD   

In April, 183,000 tonnes of Norwegian seafood was exported to a value of NOK 8.2 billion.

This is a decrease of NOK 666 million, or 8 per cent, compared with April 2019.

Volumes were also down 7 percent compared to April 2019.

So far this year, NOK 36.7 billion of Norwegian seafood has been exported.

This is an increase in value by 2.2 billion, or 6 per cent, compared to the same period last year.

Despite a marked weakening of the Norwegian krone, the export value of Norwegian seafood fell by 8 per cent in April.

83,100 tonnes of salmon were exported to a value of NOK 5.4 billion in April.

This is a 3 per cent reduction in volume, while the value fell by NOK 813 million, or 13 per cent, compared with April last year.

So far this year, 334,600 tonnes of salmon have been exported, worth NOK 23.7 billion.

This represents an increase in the volume of 1 per cent, while the value has increased by NOK 862 million, or 4 per cent.

The average price for fresh whole salmon in April was NOK 57.71 per kg, compared to NOK 68.45 per kg in April last year.

Poland, France and the United States were the largest importers of salmon from Norway in April.

There is a large change in the flow of goods to individual markets.

Some markets have, to a greater extent than others, been able to compensate for reduced restaurant consumption with increased consumption at home.

In markets such as China, Hong Kong, Taiwan and South Korea, consumption of Norwegian salmon is increasing, while it is declining in tourism-dependent markets such as Thailand and Singapore.

Spain is one of the markets that has grown the most in value and volume so far this year.

The export figures for April show that this growth is continuing.

This is unique since Spain has been severely affected by the corona crisis.

Unlike other countries, the fresh produce discs in Spain have been open during the corona crisis.

In April, 4,200 tonnes of trout were exported to a value of NOK 234 million.

Volume increased by 13 per cent, while the value fell by NOK 36 million, or 13 per cent, compared with April last year.

So far this year, 19,800 tonnes of trout have been exported to a value of NOK 1.2 billion.

There is an increase in the volume of 35 per cent, while the value increased by NOK 162 million, or 16 per cent.

The US, Japan and Ukraine were our biggest trout markets in April.

5,600 tonnes of clipfish worth NOK 295 million were exported in April.

Volume increased by 16 per cent, while value increased by NOK 63 million, or 27 per cent, from April last year.

In some African countries, large stocks at the end of last year led to lower exports in the first months of 2020.

So far this year, 28,000 tonnes of clipfish have been exported to a value of NOK 1.5 billion.

This is a 6 per cent reduction in volume, while the value increased by NOK 168 million, or 13 per cent.

Portugal, the Dominican Republic and Congo-Brazzaville were our biggest markets in April.

In April, 3,500 tonnes of salt fish were exported to the value of NOK 247 million.

The volume fell by 11 per cent, while the value increased by NOK 12 million, or 5 per cent, compared with April last year.

So far this year, 11,800 tonnes of salted fish have been exported to the value of NOK 756 million.

There is an increase in the volume of 13 per cent while the value fell by NOK 166 million or 28 per cent.

Portugal, Spain and Canada were our biggest markets in April.

In April, 123 tonnes of whole cod, saithe and tusk stockfish were exported to a value of NOK 22 million.

The volume fell by 53 per cent and the export value fell by NOK 28 million, or 56 per cent, compared with April last year.

So far this year, 1,333 tonnes of whole cod, saithe and chives have been exported worth NOK 229 million.

This is a decrease in volume of 11 per cent, while the value fell by NOK 31 million, or 12 per cent.

Italy and Nigeria were our biggest markets in April.

7,300 tonnes of fresh cod were exported including skrei to a value of NOK 313 million.

This is a 15 per cent reduction in volume, while value fell by NOK 43 million, or 12 per cent, from April last year.

So far this year, 30,300 tonnes of fresh cod including skrei have been exported to a value of NOK 1.4 billion.

There is a 10 per cent reduction in volume, while the value fell by NOK 29 million, or 2 per cent.

Of this, skrei represents 5,500 tonnes, which is a 17 per cent reduction.

The value of skrei exports was NOK 264 million, down NOK 26 million, or 9 per cent.

Denmark, the Netherlands and Poland were the largest recipients of fresh cod in April.

In April, 5,600 tonnes of frozen cod were exported to a value of NOK 286 million.

This is a 5 per cent reduction in volume, while the value increased by NOK 33 million, or 13 per cent.

So far this year, 28,800 tonnes of frozen cod have been exported to the value of NOK 1.4 billion.

There is a 7 per cent reduction in volume, while the value increased by NOK 56 million, or 4 per cent.

China, France and the United Kingdom were the largest recipients of frozen cod in April.

On the other hand, in April this year there was growth in further processing markets such as Lithuania and the Netherlands.

17,200 tonnes of herring were exported to a value of NOK 265 million in April.

This is an increase in volume of 56 per cent, while the export value increased by NOK 150 million, or 131 per cent.

So far this year, 123,000 tonnes of herring have been exported to a value of NOK 1.4 billion.

This is an increase in volume of 5 per cent, while the value increased by NOK 396 million, or 41 per cent.

Poland, Belarus and Egypt were the most important markets for herring in April.

In April, 14,000 tonnes of mackerel were exported to a value of NOK 270 million.

Volume increased by 30 per cent, while value increased by NOK 84 million, or 45 per cent.

So far this year, 95,300 tonnes of mackerel have been exported to a value of NOK 1.6 billion.

This is a 54 per cent increase in volume, while the value increased by NOK 579 million, or 55 per cent.

Japan, China and South Korea were the largest recipients of mackerel in April.

703 tonnes of prawns were exported to a value of NOK 60 million in April.

This is a 55 per cent reduction in volume, while the value fell by NOK 34 million, or 37 per cent, from April last year.

703 tonnes of prawns were exported to a value of NOK 60 million in April.

This is a 55 per cent reduction in volume, while the value fell by NOK 34 million, or 37 per cent, from April last year.

34 tonnes of king crab were exported worth NOK 12 million.

This is a 56 per cent reduction in volume, while the value fell by NOK 14 million, or 54 per cent, from April last year.

So far this year, 457 tonnes of king crab have been exported to the value of NOK 155 million.

This is a 23 per cent reduction in volume, while the value fell by NOK 29 million, or 16 per cent.

South Korea, Japan and Belgium were the largest recipients of king crab in April.


What to read next

Norwegian salmon export value hits record high
All time record quarter for Norwegian cod
Norwegian seafood exports slightly down

U.S.: Flooding threat and extreme heat

 
An upper level high pressure system is expected to continue aiding well above average and potentially dangerous temperatures throughout the West into the first full weekend of September.
 
 

Latest

U.S. oil rigs number fell by 1
Massachusetts and Rhode Island announce largest offshore wind selection in New England history
AG Bonta secures $3.9 million settlement with cryptocurrency company Robinhood
Czech government and ČEZ in security agreement for development of small and medium-sized modular reactors

NEWS

European aviation regulator orders Airbus A350-1000 inspections after Cathay Pacific incident

U.S.: Heat, humidity, severe storms
Bulgaria: EPPO seizes assets in investigation into €2.6 million fraud involving water supply
Heat wave continues over southern Plains in U.S.
Former Bulgarian Development Bank chief Stoyan Mavrodiev declared national wanted in major embezzlement case
Excessive heat and excessive rainfall in U.S.
 

BUSINESS

Jordan, UAE sign $2.3bln railway deal

U.S. rig count fell by 2 to 583
EU backs Finland’s Keliber project with €150 million to strengthen lithium supply for electric vehicles
Sri Lanka inaugurates first LNG power plant
Australia greenlights $19bn solar project to export power to Singapore
U.S. drillers cut oil and gas rigs to 585
 

Trending Now

European aviation regulator orders Airbus A350-1000 inspections after Cathay Pacific incident

Massachusetts and Rhode Island announce largest offshore wind selection in New England history

U.S.: Flooding threat and extreme heat

AG Bonta secures $3.9 million settlement with cryptocurrency company Robinhood


POLITICS

Netherlands expands export control measure for advanced semiconductor manufacturing equipment

Minnesota Governor announces new funding to expand biofuel availability
Texas to invest record $148 billion in transportation infrastructure
Minister Boissonnault reducing number of temporary foreign workers in Canada
Canada imposes 100 percent tariffs on Chinese EVs
Idaho Governor: Federal government will not take our water, our farmers will create solutions to avoid water shortages
 

Today We Recommend

European aviation regulator orders Airbus A350-1000 inspections after Cathay Pacific incident


Highlights 

Massachusetts and Rhode Island announce largest offshore wind selection in New England history

Lidl lays cornerstone for logistics base in Hungary, will create 400+ jobs

Polish traveltech giant eSky Group acquires Thomas Cook


COMPANIES

Lidl lays cornerstone for logistics base in Hungary, will create 400+ jobs

Epiphone inspired by Gibson Custom Collection Jimi Hendrix “Love Drops” Flying V available worldwide
Huawei and partners successfully test new wild fire detection solution in Greece
Siemens Mobility to overhaul Europe’s largest light rail system in €180 million digital upgrade
Polish traveltech giant eSky Group acquires Thomas Cook
Gibson announces Johnny Cash SJ-200 and Rosanne Cash J-185
 

CAREERS

Gabriel Millan joins Mars as CFO for petcare business

Applied Materials appoints Florent Ducrot as head of European operations
TerraPay appoints Ralph Koker as global head of products
Flytxt appoints Vickram Nagi as SVP and head of global sales
CLEVR appoints Tim Claes as new CEO
AAX Biotech appoints Patrik Strömberg to board of directors
 

ECONOMY

Fraser Institute: Canada’s debt ranking falls from best in G7 to 7th worst

Kuwait reports $5.2 bln budget deficit in FY 2023-24
Eurozone reports modest Q1 GDP growth, stable annual inflation
Italy sees faster economic growth in Q1
Slovenia's economy expected to grow 0.9 pct in Q1
Italy faces deficit infringement procedure
 

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

EU agri-food exports up 2 pct YoY for January-May period

Nebraska takes action to address lab-grown meat sales
Russia secures right to export fish to Mexico
Hong Kong suspends import of poultry meat and products from areas in U.S., France and Poland
Panama opens market to Brazilian pork
New Zealand temporarily suspends all Australian imported tomatoes
 

LEADERSHIP

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
Generating 'buzz' about new products can influence their success
Hiring 'problem directors' can knock up to 64% off firm's value
 

CRIME

Italy issues $6.4 million fine over Chinese cars badged as Italian

EU Commission fines Mondelēz €337.5 million for cross-border trade restrictions
HSBC pays penalties for alleged breaches of Consumer Data Right rules
Sanofi to settle thousands of Zantac cancer lawsuits
Former asset manager and board member of Geneva private bank referred to Swiss Federal Criminal Court
South Africa: SAP ordered to pay SIU $26m over 'invalid' Eskom contracts
 

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

Potentially deadly fungal disease spreading in California

First mpox vaccines arrive in Africa
WHO declares mpox public health emergency, Sweden and Pakistan confirm first case outside Africa
Kenya confirms its first mpox case as virus spreads in Africa
Brazil reports world's first deaths from Oropouche fever
New Alzheimer's treatment approved by FDA
 

MEANTIME

Exoplanet-hunting telescope to begin search for another Earth in 2026

India to build first phase of its own space station by 2028
Roscosmos chief approves schedule of creating Russian orbital station through 2033
Potentially habitable 'exo-Venus' with Earth-like temperature discovered
Rare species of wild bees discovered in Berlin
SLAC completes construction of largest digital camera ever built for astronomy