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Fish exports showed records in the January-May period according to NSEC. (Photo: NSEC)

May and Jan-May seafood export periods hit record

Click on the flag for more information about Norway NORWAY
Thursday, June 09, 2011, 15:20 (GMT + 9)

The value of exports of seafood in May totalled NOK 4 billion (EUR 509.9 million), an increase of NOK 212 million (EUR 27 million) or 6 per cent compared to May 2010. This year to date, the value of exports of seafood stands at NOK 22 billion (EUR 2.8 billion), an increase of NOK 2.3 billion (EUR 293.2million) or 12 per cent compared to the same period last year. 

These figures mark new export records for both the month of May and the January-May period, according to the Norwegian Seafood Export Council (NSEC).

”There is a continued strong demand for Norwegian seafood in many markets. The growth in exports this year to date reflects the very good markets at present for Norwegian salmon and herring and mackerel products,” says Egil Ove Sundheim, director of market information with NSEC.

Up to the end of May, exports of salmon this year totaled NOK 12.6 billion (EUR 1.6 billion) in value. This is an increase of NOK 1.5 billion (EUR 191.2 million) or 14 per cent compared to the same period last year. 

In May, the value of exports of salmon increased by NOK 133 million (EUR 16.95 million) or 5 per cent compared to May 2010. 

The average price for whole fresh salmon in May was NOK 39.21 (EUR 4.998), down by NOK 0.73 (EUR 0.09) from May 2010 and NOK 3.54 (EUR 0.45) lower than in the previous month.

The value of exports of fjord trout fell in the January-May period from NOK 96 million (EUR 12.2 million) to NOK 518 million (EUR 66 million). This is a fall of 15 per cent compared to the same period last year.

In the first five months of the year, exports of herring and mackerel increased in value by NOK 330 million (EUR 42.1 million) to a total value of NOK 2 billion (EUR 254.9 million). This is an increase of 20 per cent compared to the same period last year. 

The January-May period saw exports of mackerel increase in value by NOK 242 million (EUR 30.8 million) to NOK 711 million (EUR 90.6 million). The increase in the value of herring exports is attributable to the upward trend in export prices, while for mackerel the positive export picture is due to growth in both the price and volume of exports.

This year to date, the value of exports of whole clipfish has totaled NOK 1.4 billion (EUR 178.5 million), up by NOK 108 million (EUR 13.8 million) or 9 per cent from the same period last year. 

The export figures for the different types of clipfish are as follows:

  • Cod exports increased in value by 12 per cent to NOK 768 million (EUR 97.9 million)
  • Saithe exports increased in value by 9 per cent to NOK 510 million (EUR 65 million)
  • Ling exports decreased in value by 10 per cent to NOK 47 million (EUR 5.99 million)
  • Tusk exports decreased in value by 29 per cent to NOK 38 million (EUR 4.8 million)

For the January-May period, exports of salted fish were up by NOK 153 million (EUR 19.5 million) or 29 per cent to NOK 722 million (EUR 92 million). Exports to Portugal increased by 48 per cent to NOK 498 million (EUR 63.5 million).

Related articles:

- April seafood exports jump by 16 per cent 

- Salmon exports hit record for 32nd consecutive month 

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Photo Courtesy of FIS Member  Norwegian Seafood Council | Norges sjømatråd - Headquarter
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