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Price increases deliver export record for Norwegian seafood in April 2022

Christian Fernsby |
Norway exported seafood worth NOK 11.3 billion in April.

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This is an increase of NOK 2.8 billion, or 33 per cent, compared with April last year.

In the first four months of this year, Norway exported seafood worth NOK 45.4 billion. This is a growth in export value of 25 per cent, or NOK 9.1 billion, measured against the first four months of 2021.

82,500 tonnes of salmon worth NOK 8.1 billion were exported in April.

Export value increased by NOK 2.4 billion, or 43 per cent, compared with April last year.

The volume of exports fell by 3 per cent.

Poland, France and Denmark were the largest markets for Norwegian salmon in April.

The decline in processing in Poland continues in April, while volumes are increasing to important markets such as France, Italy, the USA and the United Kingdom. High shipping costs to Asia remain a challenge, and this is reflected in lower export volumes to South Korea and Japan.

In Germany, Spain, France and Italy, there are slightly fewer households eating salmon at home than last year. Compared to before the pandemic, however, domestic consumption is increasing in all countries. This shows that many new salmon eaters continue to cook and eat salmon at home, even with the return of restaurants post-pandemic.

3,400 tonnes of trout worth NOK 317 million were exported in April.

The value of exports increased by NOK 74 million, or 31 per cent, compared with April last year.

Export volume fell by 9 per cent.

Thailand, the USA and Japan were the largest markets for Norwegian trout in April.

Norway exported 7,700 tonnes of fresh cod, including fillets, worth NOK 363 million in April.

Export value fell by NOK 19 million, or 5 per cent, compared with April last year.

The volume of exports fell by 32 per cent.

Denmark, the Netherlands and Portugal were the largest markets for fresh cod from Norway in April.

Norway exported 714 tonnes of fresh cod worth NOK 36 million in April.

Export value increased by NOK 4 million, or 12 per cent, compared with April last year.

The volume of exports fell by 18 per cent.

Denmark, Spain and the Faroe Islands were the largest markets for fresh cod from Norway in April.

Norway exported 4,600 tonnes of fresh cod worth NOK 243 million in the first 4 months of the year.

Export value increased by NOK 49 million, or 25 per cent.

The volume of exports fell by 2 per cent.

Denmark, Spain and Sweden were the largest markets for fresh cod from Norway in the first four months.

14.4 per cent of exports of fresh whole cod this year have been cod, up from 12.3 per cent last year.

The average export price for cod this year was NOK 53 per kg, up 28 per cent from NOK 42 last year. This is a record price for cod.

The price difference between cod and other fresh whole cod was over NOK 9 per kg. In the years 2017 to 2019, the price difference was less than NOK 7 per kg, while last year it was record high and almost NOK 10 per kg.

As usual, Denmark, as an established transit market, is the largest destination according to export statistics. We know that most of the cod volume from there goes on to the largest cod markets in Spain, France and Germany.

Norway exported 6,300 tonnes of frozen cod worth NOK 323 million in April.

The value of exports increased by NOK 12 million, or 4 per cent, compared with April last year.

Export volume fell by 16 per cent.

China, the United Kingdom and the United States were the largest markets for frozen cod from Norway in April.

Norway exported 5,900 tonnes of clipfish worth NOK 322 million in April.

Export value increased by NOK 120 million, or 59 per cent, compared with April last year.

There is an increase in export volume of 23 per cent.

Portugal, Congo-Brazzaville and Brazil were the largest markets for Norwegian clipfish in April.

For clipfish, there have seen the highest export values for an April month ever. The export price of clipfish from cod is back at more than NOK 90 per kg, and thus on a par with the record prices we saw at the beginning of 2020. Portugal has a 54 per cent increase in export value, with NOK 109 million in April. The volume growth is 12 per cent to a total of 1200 tonnes.

To Congo-Brazzaville, the export volume of saithe clipfish increased by more than 50 per cent to 1,100 tonnes. Around 200 tonnes of cod clipfish went to Brazil. That is almost a tripling from April last year. Saithe clipfish to Brazil increased by 45 per cent to over 500 tonnes.


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