Significant fall in value for Norwegian seafood exports in January
Christian Fernsby | ▼ February 8, 2021
Norway´s seafood exports totalled NOK 8.1 billion in January.
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This is a decrease of NOK 1.6 billion, or 16 per cent, compared with January 2020.
"The decline in January is primarily due to a significant fall in the export value of salmon. We also see a decline in exports of trout and fresh cod compared to the record-month of January 2020", says Tom-Jørgen Gangsø, Director of Market Insight and Market Access with the Norwegian Seafood Council.
95,600 tonnes of salmon worth NOK 5.2 billion were exported in January.
There was an increase in export volume of 11 per cent.
The export value fell by NOK 1.5 billion, or 23 per cent, compared with January last year.
Poland, France and the USA were the largest recipients of salmon from Norway in January.
The average price for fresh whole salmon in January was NOK 48.79 per kg against NOK 75.53 per kg in January last year.
The EU increased its share of salmon exports from 64 per cent last year to 67 per cent this year.
Sweden was the largest growth market for salmon in January, measured in value.
In January, 3,800 tonnes of trout worth NOK 218 million were exported. Export volume fell by 32 per cent.
The export value of saithe clipfish increased by 2 per cent compared with January last year. This is due to continuing positive market developments in the Dominican Republic.
Skrei amounts to 409 tonnes, which is a decrease of 60 per cent compared with January last year. The value of the cod was NOK 25 million. This is a decrease of NOK 37 million or 60 per cent.
2020 was a record year for Norwegian mackerel, and 2021 also started strongly with a new January record for mackerel exports.
January has been a special month, as the Norwegian fleet has not had access to fish for mackerel in British waters. ■ What to read next
A series of atmospheric rivers are forecast to produce heavy rainfall in the Pacific Northwest into the upcoming week while heavy snow continues in the Northern Rockies through Sunday.
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