Press release -
Record-high Exports of Codfish
The value of exports of Norwegian cod, saithe and haddock in September totalled NOK 1.1 billion, up NOK 206 million, or 22 per cent, compared to the same period last year. To date, the value of exports has totalled NOK 8.8 billion, a new export record for this period.
“Exports of cod thus far this year have been record high, while the total fishing volume was higher than the same period last year. Since the quotas are lower this year, this will mean less fish the rest of the year," says Ove Johansen from the Norwegian Seafood Council.
The value of exports of frozen fish increased by NOK 146 million in September, to a total of NOK 426 million. The average price for whole frozen codfish was up 24 per cent in September compared to the same period in 2013. This increase is primarily due to exports to China. Both Great Britain and Portugal paid more for whole frozen codfish in September than the same period last year.
The value of frozen fillet exports was down 13 per cent to NOK 45. Total exports to the biggest market, Great Britain, were up 45 per cent in value in September, while both France and Sweden imported less.
To date, the value of exports of frozen fish, both whole and fillet, have totalled NOK 3 billion, up 16 per cent from last year, of which NOK 1.1 billion was exported to China.
Clipfish exports up
The value of exports of Norwegian clipfish in September was NOK 455 million. This is an increase of NOK 49 million compared to the same month last year. The value of exports totalled 12,042 tonnes of clipfish, down 269 tonnes compared to last September. The value of exports of clipfish made from Atlantic cod was NOK 247 million, up NOK 16.6 million compared to last September. The value of exports of clipfish made from saithe totalled NOK 154 million, up NOK 22.3 million compared to the same period in 2013.
The largest single market for clipfish is Brazil. The value of exports in September totalled NOK 143 million, up 64 per cent compared to the same period last year. Imports to Portugal, which is the second largest market for total exports and the largest market for clipfish made from cod, were up NOK 25 million in September, to a total of NOK 128 million.
The value of clipfish exports thus far this year totals NOK 2.4 billion, up eight per cent from last year. The two biggest markets are Brazil and Portugal, each representing one-third of total exports.
Continued price increase for salted fish
The value of exports of salted fish in September was down NOK 9 million, to a total of NOK 31.5 million. The price of whole salted codfish was 30 per cent higher than the same period last year.
The value of exports of salted fish, both whole and fillet, thus far this year totals NOK 769, up 18 per cent compared to the same period last year. The value of total exports was up by three per cent, to a total of 27,733 tonnes. Measured in Norwegian crowns, prices have also increased by 15 per cent. Portugal has purchased 73 per cent of all Norwegian salted fish thus far this year.
Lower price for stockfish
The value of exports of stockfish in September totalled NOK 97 million, up 37 per cent compared to last September. Of the total export of 985 tonnes, 685 tonnes were Norwegian cod stockfish from Lofoten.
Exports of Norwegian cod stockfish from Lofoten to Italy totalled NOK 41 million, up five per cent compared to last September. The average price dropped by two per cent per kilo. The value of exports to Nigeria in September totalled NOK 27 million, an increase of 120 per cent.
Less fresh fish
The value of exports of all fresh codfish products from fishing in September totalled NOK 112 million. This is a decrease of two per cent compared to last September. Measured in volume, total exports of fresh whole codfish were down 22 per cent, to a total of 859 tonnes. The price rose by three per cent, or NOK 0.75 per kilo.
The value of exports of fresh fillet products totalled NOK 31 million in September, an increase of NOK 8 million. The price increased by an average of 17 per cent.
The value of exports of fresh fish, both whole and fillet, thus far this year total NOK 1.8 billion, up NOK 375 million compared to the same period last year.
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The Norwegian Seafood Council is a joint marketing organisation for the Norwegian seafood industry and invests NOK 495 million annually in the development of markets for Norwegian seafood products. The council has its head office in Tromsø and offices in thirteen of Norway’s most important seafood markets. The Norwegian seafood industry finances the activities of the council through fees levied on all exports of Norwegian seafood.
The Norwegian Seafood Council is a public company owned by the Ministry of Trade, Industry and Fisheries.
