Norwegian seafood exports report record levels in H1 2018
Norway's seafood exports reached 1.4 million tonnes with a value of NOK 48.1 billion in the first six months of this year, with an increase of 10% in volume and 4% in export value compared to year-earlier levels.
"The first half of 2018 has set yet another record for Norwegian seafood exports. Although the figures are largely driven by salmon exports, we are also seeing the best half-yearly results for cod, saithe and haddock," Paul Aandahl, Analyst with the Norwegian Seafood Council, said.
"The main reason for the value added by salmon is increased demand from the EU. We are seeing a clear increase in consumption of fresh salmon in markets such as France, the UK and Italy. Reduced domestic supplies of salmon in the EU and strong Euro and British currencies have also contributed positively," Aandahl added.
In June, Norway exported 180,000 tonnes of seafood worth NOK 7.9 billion. Volume was down by 9 per cent, while the gain in value was NOK 274 million, or 4 per cent, compared with June last year.
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