Clipfish. (Photo: Norwegian Seafood Council)
Seafood export volume grows in November but their value drops
Thursday, December 07, 2017, 02:30 (GMT + 9)
Norwegian seafood exports increased by 25 per cent in volume in November but their value remained as last year's level.
According to statistics from the Norwegian Seafood Council, in the eleventh month this year, 286,000 tonnes of seafood were exported for a total value of NOK 9 billion (USD 1,084 million).
Considering the first 11 months of 2017, sales abroad experienced a 6 per cent and a 4 per cent growth in volume and value, respectively.
"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”, stressed Asbjørn Warvik Rørtveit, Director of Market Insight with the Seafood Council.
In November, Norway exported 103,000 tonnes of salmon valued at NOK 5,700 million (USD 686.7 million), figures which represent an increase of 11 per cent in volume but a decline of 5 per cent in value compared with the same month last year. Poland and France were the largest markets.
Between January and November, these exports grew 2 per cent in volume, reaching a total of 909,000 tonnes and 7 per cent in value, generating NOK 59,000 million (USD 7,107.7 million) in revenue.
Trout sales abroad experienced a 36 per cent increase in volume and a 13 per cent growth in value in November, being Belarus and Japan were the main markets.
During the months up to November, 35,200 tonnes of trout were exported, which is 45 per cent less than in the same period of 2016, for NOK 2,600 million, representing a 28 per cent drop.
Sales of fresh cod, including filleted cod, abroad were down by 1,000 tonnes in volume in November and declined 16 per cent in value. Denmark and Sweden were the largest markets.
Considering the first 11 months of 2017, these exports grew by 7 per cent and by 9 per cent in volume and value.
In the case of frozen cod, including fillet, its exports dropped in volumes and in value in November, by 15 per cent and by 8 per cent, respectively. China and the UK were the largest markets.
During the January-November period, these exports declined by 1 per cent in volume but increased in export value by 3 per cent.
Norway exported 9 per cent more of whole clipfish in November for a value that was 7 per cent higher than in the eleventh month of 2016. Portugal and Brazil were the largest markets.
During the January-November period, the sales of these products increased by 12 per cent in volume and 10 per cent in value.
Norwegian salted fish exports increased in volume by 2 per cent and in value by 20 per cent from November last year. Italy and Spain were the largest export markers.
In the first 11 months of the year, these exports declined in volume by 5 per cent but grew in value by 4 per cent.
The exported whole stockfish in November raised 22 per cent and 24 per cent, in volume and value, respectively.
Norway exported herring in November, whose volume increased by 52 per cent in volume but declined 3 per cent in value. Poland and Egypt were the largest markets.
During the January-November period, sales abroad of the species grew 15 per cent in volume but declined by 12 per cent in value.
As regards mackerel exports, their volume raised by 70 per cent and their value by 46 per cent compared with November 2016. China and Japan were the largest markets.
Up to November, sales of the species abroad also grew in volume by 6 per cent but they declined in value by 1 per cent year on year.
Norwegian exports of prawn in November grew by16 per cent in volume and in value. Sweden and the UK were the most important prawn markets.
Finally, the sales of king crab abroad decreased by 13 per cent in volume and by 5 per cent in value compared with the same month last year. The Netherlands and South Korea were the largest markets.
[1 NOK = 0.12047 USD]