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Salmon farm.

Salmon exports fall in volume but grow in value

Monday, March 25, 2019, 20:30 (GMT + 9)

 Salmon Prices

Table 1: average annual price of Chinese salmon fillet exports, CIF, USD/kg, 2018-2017.

Source: FIS:com 

In the year 2018 the exports amounted to 89,123 tonnes and USD 617,622,000, which represents 5 per cent less in volume but 6 per cent more in value than in 2017.

Table 2: Chinese salmon fillet exports, 2018-2017, tonnes and thousands of USD CIF

 Source: FIS:com 

In the week 11 the fresh salmon average price was NOK 71.55 (7.36/kg). This price was 1 per cent inferior to that of the previous week but 5 per cent superior to that of the same week in 2018. In relation to the same week in 2017, it grows 15 per cent in value, according to Statistics from Norway. The FOB weekly average price at Customs from Norway of fresh salmon exports (HS 03121201 and 03121202) in 2019 reaches an average of NOK 63.17/kg (EUR 6.33/kg), a prices that is 5 per cent superior to that in the same period of 2018 and 5 per cent inferior to that of 2017.

Graph 1: weekly average price of farmed fresh salmon exports, 2015/2019, in NOK/kg


  Source: FIS:com 

The average price of frozen salmon exports was NOK 63.08 (EUR 5.83/kg), a price that is 10 per cent superior to that of the previous week and 6 per cent superior to that of the same week in 2018, being 4 per cent inferior to that in 2017. Throughout the year, the average price of frozen salmon exports is NOK 60.46 (EUR 6.11/kg), 12 per cent higher in value than in the previous year but 13 per cent lower than that in 2017.

Graph 2: Weekly average price of frozen farmed salmon exports, 2015/2019, in NOK/kg


 Source: FIS:com 

Fresh salmon exports in the week were 14,472 tonnes. This figure is 1 per cent superior to that of the previous week but 19 per cent inferior to that of the same week in 2018, falling 5 per cent in relation to that in the same week in 2017. So far this year, salmon exports reach 171,750 tonnes, a volume that is 4 per cent inferior to that in the same period in 2018 but 8 per cent superior to that in 2017.

Graph 3: Weekly Norwegian exports of fresh farmed salmon, 2015/2019, in tonnes


 Source: FIS:com 

The frozen product exports during the week were 375 tonnes. This figure is 41 per cent inferior to that in the previous week but 48 per cent superior to that in the same week in 2018, falling 40 per cent in relation to the same week in 2017. During the year, frozen salmon exports reach 3,331 tonnes, a figure that is 13 per cent inferior to that in the same period of the previous year and 39 per cent to that in the same period 2017.

Graph 4: Weekly Norwegian Exportaciones of frozen farmed salmon, 2015/2019, in tonnes


  Source: FIS:com 

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