Record export value for Norwegian salmon
With an increase of 5% value (3.4 billion NOK) of its exports of salmon Norway set a record of 64.7 billion NOK, the highest export value ever for salmon. In terms of volume, Norway exported 1 million tonnes of salmon last year, 27,000 tonnes (up to 2.8%) more than in 2016.
According to Paul T. Aandahl, Seafood Analyst with the Norwegian Seafood Council, the exports have been stable on EU market in 2017, transforming the year into a flatten one for the industry. The average price for fresh whole salmon was NOK 60.34 per kg last year, prices balancing between NOK 72.07 per kg in January (the highest average price registered on an individual month) and NOK 50.51 per kg.
Poland and France were the main markets on the continent for the Norwegian salmon but the largest growth markets in the EU were Denmark and Spain. 73% of all Norwegian salmon exports, measured in weight, went to EU last year, with a decrease of 3% compared to 2016.
US was .another market with "appetite" for the Norwegian salmon, 49,000 tonnes (up to 10,000 t) worth 4.4 billion NOK (up to 1.1 billion NOK) were sent to there. This represents an increase of 25% in volume compared to 2016 and a 31% in value.
Japan, Vietnam and South Korea were three other markets that driven the exports of salmon to this record level, Asian markets receiving last year 169,000 tonnes of salmon worth NOK 11.6 billion (up to 11.6%).
On the other hand, trout exports have suffered a reduction of 42% in 2017, from 68,000 tonnes to 40.000 tonnes. The biggest markets were Japan, Belarus and the US.
1 NOK= 0.10355 EUR
(Photo source: Pixabay)
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