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Robust growth for Norwegian seafood exports in February

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

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This is an increase of NOK 2.6 billion, or 30 per cent, compared with February last year.

Poland was the largest recipient of Norwegian seafood in February. Norway exported 21,200 tonnes worth NOK 1.1 billion.

As in January, there was also a shift in exports from Europe to Asia in February.

Fresh cod achieved the highest export value ever in February.

Salmon prices were historically high, with an average price of more than NOK 82 per kg.

89,700 tonnes of salmon worth NOK 7.8 billion were exported in February.

The export volume fell by 5 per cent.

Export value increased by NOK 2.5 billion, or 47 per cent, compared with February last year.

Poland, France and the USA were the largest markets for Norwegian salmon in February.

February was a new record month for Norwegian salmon. The price for fresh whole salmon was on average NOK 82.64 per kg in February. This is 62 per cent higher than in the same month last year and 9 per cent higher than in the previous record month, which was in January 2020.

For the second month in a row, France was the largest growth market for Norwegian salmon.

Norwegian salmon also had a strong month in Italy. The country was Norway's second largest growth market in February.

In February, trout worth NOK 20 million was exported to Ukraine, and the country was in 7th place on the list of Norway's largest trout markets.

Fresh cod achieved the highest ever export value in February. It was 7 per cent higher than the previous record month, which was in 2018.

Exports of fresh fillets have also increased, both in volume and value, with a 17 per cent increase in export volume and a 28 per cent higher export value than in February last year.

Norway exported 1,700 tonnes of fresh cod worth NOK 86 million in February.

Volume is unchanged from February last year.

The value increased by NOK 13 million, or 18 per cent, compared with February last year.

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

Norway exported 7,700 tonnes of frozen cod worth NOK 347 million in February.

This is an increase in volume of 15 percent.

The value increased by NOK 94 million, or 37 per cent, compared with February last year.

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

Norway exported 6,100 tonnes of clip fish worth NOK 324 million in February.

There is a decrease in volume of 10 per cent.

The value increased by NOK 56 million, or 21 per cent, compared with February last year.

Portugal, Brazil and Congo-Brazzaville were the largest markets for Norwegian clip fish in February.

The same markets have also contributed the most to value growth last month, with an increase in export value to Portugal of 62 per cent, or NOK 33 million, an increase to Brazil of 74 per cent, or NOK 33 million, and an increase to Congo-Brazzaville of 47 per cent, or NOK 12 million.

Norway exported 1,900 tonnes of salted fish worth NOK 116 million in February.

The export volume increased by 3 per cent.

The value of exports increased by NOK 34 million, or 42 per cent, compared with February last year.

Greece, Portugal and Spain were the largest markets for Norwegian salted fish in February

Norway exported 424 tonnes of stockfish worth NOK 81 million in February.

There is an increase in volume of 58 per cent.

The value increased by NOK 33 million, or 69 per cent, compared with February last year.

Italy, the USA and Croatia were the largest markets for Norwegian stockfish in February.

As usual, Italy is by far the largest market for Norwegian stockfish. In February, there was an increase of 31 per cent in volume and 41 per cent in value there, compared with February last year.

Norway exported 32,600 tonnes of herring worth NOK 392 million in February.

The volume fell by 40 per cent.

The value fell by NOK 137 million, or 26 per cent, compared with February last year.

Poland, Egypt and Lithuania were the largest markets for Norwegian herring in February.

So far this year, around 160,000 tonnes of herring have been landed, compared with over 200,000 tonnes in the same period last year.

In January and February, 50,000 tonnes of mackerel were landed, compared with 70,000 tonnes in the same period last year. This affected exports, which fell from 70,000 tonnes in 2021 to 50,000 tonnes this year.

Norway exported 154 tonnes of king crab worth NOK 92 million in February.

There is a decrease in volume of 33 percent.

The value increased by NOK 12 million, or 15 per cent, compared with February last year.

The USA, the Netherlands and South Korea were the largest markets for Norwegian king crab in February.

Exports to Asia have seen a decrease of 59 per cent in volume compared with February last year. To North America and Europe, on the other hand, there is a growth in exports, both in volume and value.

Norway exported 792 tonnes of snow crab worth NOK 164 million in February.

There is an increase in volume of 152 per cent.

The value increased by NOK 117 million, or 247 per cent, compared with February last year.

The USA, the Netherlands and Denmark were the largest markets for Norwegian snow crab in February.

While others celebrated the new year, the snow crab fleet prepared for a new quota year and catching snow crab after many months of waiting.

The positive export trend of king crab and snow crab to the USA continues. In February, 426 tonnes of king crab and snow crab were exported to the American market worth NOK 92 million. There is an increase in volume of 90 per cent and in value of 156 per cent.

When it comes to snow crab, the picture is a little different. Here, almost everything exported from Norway to the USA is frozen. In February, 391 tonnes of snow crab worth NOK 73.8 million were exported to the USA. That is 183 tonnes and NOK 42.8 million more than in February last year.

1,100 tonnes of prawn worth NOK 73 million were exported in February.

There is an increase in volume of 31 per cent.

The value increased by NOK 8 million, or 13 per cent, compared with February last year.

Sweden, the United Kingdom and Finland were the largest markets for Norwegian prawn in February.

Exports to the largest prawn market, Sweden, have been slightly weaker in recent months.


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