Tridge summary
In August 2021, Norway's seafood export turnover surged by 32% year-over-year to NOK 9.6 billion (USD 1.1 billion) due to increased exports of salmon, mackerel, and king crab, with salmon exports hitting an all-time high. The global market's gradual reopening and hotel and restaurant openings have fueled this growth. Scandinavian seafood exports for the first eight months of 2021 increased by 7% year-over-year to NOK 72.9 billion (USD 8.4 billion). Additionally, Norway experienced a good mackerel fishing season, exporting a record 147,000 tons in August 2021. King crab exports also saw a 43% increase in value, with Hong Kong being the largest growth market. However, Norway's shrimp exports decreased by 5% in volume and 13% in value in August 2021. Overall, Norway's seafood exports in 2020 reached the second-largest value ever at NOK 105.7 billion (USD 12.2 billion).
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Norwegian seafood export turnover in August 2021 reached NOK 9.6 billion (equivalent to USD 1.1 billion, EUR 932.9 million), an increase of 32%, equivalent to NOK 2.3 billion (equivalent to NOK 265.6 million). USD, 223.5 million EUR) compared to August 2020, mainly exporting salmon, mackerel and king crab. Mr. Renate Larsen - Executive Director of the Norwegian Fisheries Council (NSC) said that Norway's seafood exports hit a record as the global market is gradually reopening. Salmon exports hit an all-time high, due to large volumes and strong import demand from countries as more and more hotels and restaurants around the world opened their doors. Mackerel exports increased sharply mainly because it was in the fishing season, the output reached a record. Seafood exports of Scandinavian countries in the first eight months of 2021 reached NOK 72.9 billion (equivalent to USD 8.4 billion, EUR 7.1 billion), an increase of about 7% over the same period in 2020 and an increase of about ...
Source: Vinanet
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