This year to date, the value of Norwegian seafood exports totals NOK 8.9 billion. This is an increase of NOK 326 million compared to the same period last year, according to the latest figures from the Norwegian Seafood Council.
For February alone, the value of Norwegian seafood exports totalled NOK 4.2 billion. Despite record exports of Norwegian Salmon, the total export value was down by NOK 300 million compared to February last year.
A fall in the value of exports of herring, clipfish and salted fish outweighed the increase in prices for Norwegian Salmon.
The value of Norwegian Salmon exports in February totalled NOK 2.5 billion. This is 20% higher than in February last year. This year to date, the value of Norwegian Salmon exports totals NOK 5.3 billion.
- Continued demand for Norwegian Salmon globally, and especially in our nearby European markets, is pushing prices up and in the process setting new export records for the month of February, says senior analyst Paul T. Aandahl from the Norwegian Seafood Council.
The EU markets won the fight for Norwegian Salmon in February. The total volume of exports in February totalled 66,000 tonnes and while this is a reduction of 6% overall, the EU markets upped their import volume by 3%. Poland and the UK, in particular, bought substantial volumes of Norwegian Salmon in February, while eastern Europe and especially Russia seems to have backed off from bidding high prices. The drop in exports to eastern Europe and Asia in February was 24% and 20% respectively.
The average price for fresh whole Norwegian Salmon in February was NOK 37.61 per kg. Not since May 2011 has the price been higher.
Exports of Norwegian Herring in February fell in value by NOK 344 million or 57% to a total of NOK 262 million.
The downturn is largely attributable to reduced quotas of the ‘silver of the sea’.
Germany was our biggest market for Norwegian Herring in February, with exports valued at NOK 43 million, closely followed by Poland with an export value of NOK 40 million.
This year to date, the value of exports of Norwegian Herring totals NOK 626 million, a decline of NOK 584 million or 48% compared to the same period last year.
(NRK/Press release)
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