Norway

Norwegian seafood exports increased in 2017

Fish & Seafood

Norway's seafood exports reached 286,000 tons with a value of 9 billion kroner in November and an increase in volume of 25%, while export values remained on par with November last year, according to the Norwegian Seafood Council.

Posted on Dec 12 ,11:15

Norwegian seafood exports increased in 2017

 

In the first 11 months of this year, Norway exported 2.4 million tonnes of seafood worth 86.5 billion kroner.

There was a 6% increase in export volumes and a 4% increase in value or 3.3 billion kroner compared to the corresponding period in 2016.

"Despite the fact that the price of salmon continues to decline, we expect that the total export value for Norwegian seafood in 2017 will exceed last year's figure by a comfortable margin. The explanation for this is the increased volume of salmon combined with a relatively high price level”, says Asbjørn Warvik Rørtveit, Director of Market Insight with the Seafood Council.

"We anticipate a weaker December month than last year, partly due to continued high salmon prices impacting consumers. This is especially true of the smoked salmon market, where important markets like Germany and France have seen demand decline compared to the previous year”, says Paul T. Aandahl, Analyst with the Norwegian Seafood Council. 

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

AUSTRALIA

MLA: Australian cattle herd in official destock

The data, analysed by Meat & Livestock Australia (MLA), shows that the last quarter was the l...


Read more Read more
BRAZIL

JBS Fund and Basa sign agreement for credit to small producers in Pará

The partnership aims to facilitate access to Pronaf Mais Alimentos credit for 1,500 family farmer...


Read more Read more
UK

UK: NPA welcomes confirmation of 12-month EUDR delay

The European Commission proposed the delay in early October in response to concerns raised by mem...


Read more Read more
Websolutions by Angular Software and SpiderClass