Record for August: 100 000 tons of Salmon exported

Norway exported a total of 178 000 tonnes of seafood, valued at a total of NOK 8 billion in August. The volume equaled that of August 2017, while the value increased by 465 million NOK, up 6 % compared to August last year. So far this year, Norway has exported 1.8 million tonnes of seafood, valued at NOK 63 billion . The volume has increased by 11 %, while the increase in value was 4.5.%.

«The continuing increase of demand for Norwegian salmon resulted in a new all-time record in the exports for the month of August. Poland and the United States constituted the largest growth markets for Salmon in August, while France continues to be one of the largest markets”, according to Asbjørn Warvik Rørtveit, director of Market Insight at the Norwegian Seafood Council.

Minister of Fisheries, Harald Tom Nesvik, states that he is pleased with the numbers for August: “It is highly positive that the value of the exported Norwegian seafood continues to increase. Norwegian seafood is highly sought after, all over the world, and this government aims to promote continual growth in the seafood industry.”

Record exports of Salmon in August

Norway exported 100 000 tonnes of Salmon, valued at NOK 6 billion, in August. The export volume grew by 10 500 tonnes, 12 per cent up from last year. The value increased by NOK 500 million, a 9 per cent increase compared to August last year. So far this year, Norway has exported 672 000 tonnes of Salmon, valued at NOK 43.8 billion.

«Poland was the biggest growth market for Salmon in August, with an increase of NOK 136 million, a 19 per cent increase from last year. The negative pattern with regards to consumption appears to have changed. In addition to Poland, the most important market for reprocessing is Europe. Approximately two thirds of the Salmon exported to Poland is reprocessed for re-export to other markets, mainly Germany. The most important product is smoked Salmon, and we are now entering into a season in which the consumption of smoked Salmon will continue to increase in the months leading up to Christmas”, according to Gitte Hannemann Mollan, Country Director in Germany and Poland for the Norwegian Seafood Council.

While the average price for one kilo of Salmon was NOK 57,50 in August 2017, the corresponding figure for August this year was NOK 55,73. Poland, France and Denmark were the largest markets for exported Norwegian Salmon in August 2018.

Trout experience a growth in volume

In August, a total of 3 700 tonnes of trout was exported at a value of NOK 229 million. The volume increased with six per cent whilst the value decreased with ten per cent, or NOK 24 million, compared to August of last year. So far this year, total export has been 27 800 tonnes trout at a value of NOK 1.8 billion.

Increase for fresh cod - decrease for frozen cod

Norway exported 2 400 million tonnes of fresh cod including filet in August. The total value was NOK 86,3 million. This was an increase in value by 11 % or NOK 8.3 million. The volume increased by 13 percent or 275 tonnes in August. So far this year it has been exported 56 000 tonnes fresh cod to a value of NOK 2 billion.

In August the export of frozen cod from Norway was 4 900 tonnes to a value of NOK 183 million. This is a reduction in volume by 41 per cent or 3 400 tonnes. The value of frozen cod decreased by 27 per cent or NOK 69 million. So far this year the export has been 48 000 tonnes frozen cod to a total value NOK 1.75 billion.

Slight reduction for clipfish

Norway exported 7 600 tonnes of clipfish to a value of NOK 340 million in August. The volume lies at the same level as August last year, whilst the value decreased with 3 per cent or NOK 10 million. So far this year, Norway has exported 23 500 tonnes clipfish to a total value of NOK 2.5 billion.

Increase in the export of salted fish

In August Norway exported 974 tonnes salted fish for NOK 46 million. There was a volume increase by 12 per cent or 106 tonnes, and the value increased by 32 per cent or NOK 11 million. So far this year Norway has exported 23 500 tonnes saltfish to a value of NOK 1.2 billion.

Increase in herring, decrease in mackerel

Norway exported 18 700 tonnes herring at a value of NOK 190 million in August. This represents a 25 per cent, or 3 800 tonnes, increase in volume, and the value increased with 21 per cent, or NOK 32 million. So far this year a total of 180 000 tonnes herring has been exported at a value of NOK 1.6 billion.

In August Norway exported 4 500 tonnes mackerel at a value of NOK 64 million. The volume decreased with 32 per cent, or 2 100 tonnes, while the value declined with 31 per cent, or NOK 29 million. So far this year it has been exported 86 000 tonnes mackerel at a value of NOK 1.1 billion.

High growth in king crab, moderate growth in prawn.

Norway exported 461 tonnes king crab at a value of NOK 131 million in August. This represents a 29 per cent, or 105 tonnes, increase in volume, while value increased with 42 per cent, or NOK 39 million. So far this year it was exported 1 400 tonnes of Norwegian king crab at value of NOK 400 million.

“The supply of King crab has increased, the export of live king crab increased by 71 per cent, and it now constitutes 76 per cent of the total value of the exports. Combined with an increase in demand, and subsequently higher prices, August was a good month for the King crab”, according the Josefine Voraa, Market insight advistor with the Norwegian Seafood Council.

The volume of prawn exports fell by 85 tonnes, down 9 per cent, to a total of 815 tonnes, while the value increased by NOK 7 million, or 10 per cent, to a total of NOK 75 million in August. So far this year, Norway has exported 6 100 tonnes of prawns, valued at NOK 500 million.