Historically high Norwegian seafood exports in May

Published 2022년 6월 6일

Tridge summary

In May, Norway saw a historic high in seafood exports, with a value of NOK 12.4 billion, a 49% increase from the previous year, making it the second highest monthly export value on record. This growth is primarily due to increased export prices for salmon, as well as other species such as trout, cod, saithe, haddock and herring. The United Kingdom, Germany, and Portugal experienced the largest increase in export volumes. However, the war in Ukraine and rising production costs are posing challenges for the industry. The Norwegian Seafood Council remains optimistic, citing significant growth in Asia, especially in Japan, China, and South Korea, and a resurgence in herring consumption in Germany.

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Original content

Historically high Norwegian seafood exports in May. Norway exported seafood worth NOK 12.4 billion in May. This is an increase of NOK 4.1 billion, or 49 per cent, compared with May last year. – The strong global demand for Norwegian seafood gave an export value in May which is the second highest ever in a single month, only beaten by March this year. Increased export prices, primarily for salmon, but also for other species such as trout, cod, saithe, haddock and herring is the main reason for the growth, says Acting CEO of the Norwegian Seafood Council, Børge Grønbech. Higher export value in 5 months than in the whole of 2012The total export value up to and including May is NOK 57.8 billion, which is an increase of NOK 13.2 billion, or 30 per cent, compared with the same period last year. – To put it in perspective: Throughout 2012, Norwegian seafood exports amounted to NOK 52.1 billion. We have thus passed this value already after five months in 2022. It shows what an export ...

Source: Fish Focus