Norway exported NOK 15.4 billion worth of seafood in October

Published 2022년 11월 3일

Tridge summary

In October, Norwegian seafood exports reached a record high of NOK 15.4 billion, a 27% increase from the same month last year, with half a million a day in exports. The industry has seen significant growth, exporting over NOK 123.9 billion so far this year, surpassing the 2021 value. However, the industry faces challenges such as hard competition for proteins, falls in consumer demand, and changes in seafood consumption. The value and volume of exports varied across different seafood species and markets, with the USA experiencing the most significant value growth for salmon and mackerel. The industry also faces high inflation and economic developments in the UK and Sweden, which may affect future growth.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Norwegian seafood worth NOK 15.4 billion was exported in October. The highest value ever in a single month and an increase of NOK 3.3 billion, or 27 per cent, from the same month last year.The export value in October was NOK 727 million higher than the previous record month, which was September 2022.Half a billion a day"Norwegian seafood exports experienced historical growth in October. The value of NOK 15 billion is more than a solid record. It means that every day this month, we exported seafood worth just under NOK 500 million. These are enormous numbers and show how vital this industry is to Norway", says Christian Chramer, CEO of the Norwegian Seafood Council. So far this year, Norway has exported NOK 123.9 billion worth of seafood. That is NOK 27.1 billion ahead of the same period last year.Exports have already exceeded the value for the whole of 2021"On 25 October, we passed the export value for the record year 2021. Then the value for the whole year was NOK 120.8 billion. ...

Source: Seafood