Norwegian seafood exports total NOK 9.1 billion in October

Norway exported 275,000 tonnes of seafood worth NOK 9.1 billion in October. Volumes were down by 5 per cent, while the total value of exports fell by 3 per cent or NOK 281 million compared with October last year. Year to date, Norway has exported 2.1 million tonnes of seafood with a value of NOK 77.6 billion. Export volumes have increased by 3 per cent, and value has increased by 5 per cent or NOK 3.4 billion compared with the same period last year.

“With seafood exports totalling NOK 9.1 billion, October was the second best single month for Norwegian seafood exports ever. Salmon exports increased by 2 per cent in October, total whitefish exports increased by 10 per cent, while mackerel and herring exports were down by 19 per cent. Total seafood exports in October were slightly under our all time historical record month set in October 2016" said Asbjørn Warvik Rørtveit, Director of Market Insight with the Norwegian Seafood Council.

10 per cent volume growth for salmon

Norway exported 98,000 tonnes of salmon worth NOK 5.7 billion in October. This is a volume increase of 10 per cent or 8,500 tonnes and a value increase of 2 per cent or NOK 123 million compared with October last year. So far this year, Norway has exported 807,000 tonnes of salmon for worth NOK 53.4 billion. This is a volume increase of 1 per cent, and a value increase of 9 per cent or NOK 4.3 billion from the same period last year. The average price for whole fresh salmon in October was NOK 54.65 per kg compared to NOK 60.12 per kg in October 2016. Poland and France were the largest salmon markets in October.

Reduced trout exports

Norway exported 4,000 tonnes of trout worth NOK 253 million in October. This represents a volume decline of 18 per cent or 866 tonnes and a decline of 18 per cent or NOK 54 million in value compared to October 2016. So far this year, Norway has exported 30,000 tonnes of trout worth NOK 2.3 billion. Trout export volumes have declined by 51 per cent or 30,400 tonnes, reduction of 32 per cent or NOK 1 billion compared to the same period last year. Belarus and China bought the most trout from Norway in October.

29 per cent increase in value of fresh cod exports

Norway exported 2,200 tonnes of fresh cod, including fillet, worth NOK 91 million in October. This is a volume increase of 401 tonnes or 23 per cent and a 29 per cent increase in value or NOK 21 million compared to October last year. Denmark and Sweden were the largest markets for fresh cod in October. So far this year, Norway has exported 61,000 tonnes of fresh cod, including fillet, with a combined value of NOK 2 billion. This is a volume increase of 4,700 tonnes or 8 per cent and a value increase of 10 per cent or NOK 183 million from the same period last year.

Norway exported 8 500 tonnes of frozen cod, including fillet, for NOK 257 million in October. The volume is at the same level as last year while the value increased by 1 per cent or NOK 4 million compared to October 2016. China and Lithuania were the largest markets for frozen cod in October. Year to date, Norway has exported 92,000 tonnes of frozen cod, including fillet, for 2.2 billion. This is a volume increase of 812 tonnes or 1 per cent and a value increase of 4 per cent or NOK 92 million compared with the same period last year.

Portugal was the largest clipfish market in October

Norway exported 10,000 tonnes of whole clipfish totalling NOK 482 million in October. This is a volume increase of 372 tonnes or 4 per cent, and a value increase of NOK 33 million or 7 per cent from October last year. So far this year, Norway has exported 73,000 tonnes of clippfish worth NOK 3.3 billion. This is a volume increase of 8,000 tonnes or 12 per cent and a value increase of 10 per cent or NOK 308 million compared with the same period last year. Portugal and Brazil were the largest markets for clipfish in October.

Norway exported 1,800 tonnes of salted fish to a value of NOK 83 million in October. This represents a volume growth of 112 tonnes or 7 per cent and an increase of 28 per cent or NOK 18 million from October last year. So far this year, Norway has exported 25,000 tonnes of salted fish worth some NOK 1.1 billion. This is a volume decline of 1,400 tonnes or 5 per cent, but a value increase of 3 per cent or NOK 31 million compared to the same period last year. Italy and Portugal were the largest salt fish markets in October.

Stockfish exports are down by 19 per cent

Norway exported 467 tonnes of whole stockfish from cod worth NOK 80 million in October. This is a volume decline of 20 per cent, and a value decline of NOK 19 million or 19 per cent.

Herring exports down by 34 per cent

Norway exported 16,600 tonnes of herring to a value of NOK 164 million in October. This is a volume decline of 34 per cent or 8,400 tonnes and decline in value of 46 per cent or NOK 138 million compared to October 2016. So far this year, Norway has exported 197,000 tonnes of herring worth NOK 2.1 billion. This is a volume increase of 8 per cent or 15,000 tonnes, and a value decline of 13 per cent or NOK 303 million from the same period last year. Poland and Lithuania were the largest markets for herring in October.

”The export volume of mackerel increased by 3 per cent in October compared to the same month last year, while the price fell by 16 per cent, giving a total export value of NOK 1.3 billion. This is 13 per cent or NOK 190 million lower than last October”, says Seafood analyst Paul T. Aandal with the Norwegian Seafood Council.

Mackerel prices fall by 16 per cent

Norway exported 105,000 tonnes of mackerel worth NOK 1.3 billion in October. This is a volume increase of 3 per cent or 3,400 tonnes and a 13 per cent decrease in value of NOK 190 million compared with October 2016.

Year to date, Norway has exported 240,000 tonnes of mackerel worth NOK 3 billion. This is a volume decline of 4 per cent or 11,000 tonnes, and a decline of 10 per cent or NOK 311 million in value compared to the same period last year. So far this year, China and Japan have been the largest markets for mackerel.

Shellfish exports rise by 25 per cent

Norway exported 1,600 tonnes of shellfish worth NOK 146 million in October. This is an increase of 315 tonnes or 25 per cent, while export value has increased by NOK 9 million or 7 per cent.

151 tonnes of king crab with a value of NOK 44 million were exported in October. This represents a decrease in volume of 75 tonnes, while there was a reduction in value by NOK 11 million or 20 per cent.

Norway exported 891 tonnes of prawn for NOK 70 million in October. This is an increase of 197 tonnes or 28 per cent, while the total export value increased by NOK 13 million or 23 per cent. Sweden and Denmark were the largest prawn markets in October.