Norway has exported NOK 109 billion worth of seafood so far this year

Published 2022년 10월 5일

Tridge summary

Norway's seafood exports reached a new record of NOK 109 billion in the first nine months of the year, with a 29% increase compared to the same period last year. The third quarter saw the highest ever export value of NOK 39 billion. Salmon accounts for 72% of the value in the third quarter. The EU, Poland, Denmark, and France are the main markets for salmon. The trout market also showed strong growth, with a record quarter for exports. However, there was a decrease in volume and value for fresh and frozen cod fillet products. The export value of frozen cod has never been higher in the third quarter, due to record high export prices. Despite high prices, there is continued demand for Norwegian mackerel in Asia, especially in Japan. King crab exports have seen a decline due to increased imports of Russian king crab and logistical challenges. Prawn fishing in the Barents Sea resulted in the highest export volume of prawn in the third quarter since 2005.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Norway exported NOK 109 billion worth of seafood in the first nine months of the year. It is a new record, with a growth of 29 per cent, or NOK 24.3 billion, compared to the same period last year."The growth in value for Norwegian seafood exports has been impressive this year, and in September, we passed the NOK 100 billion mark. Historically high prices are one of the reasons why the third quarter produced the highest ever export value for Norwegian seafood, says Christian Chramer, the CEO of the Norwegian Seafood Council."The record-breaking value for the first nine months of the year confirms the seafood industry's position as the country's second most important export industry. The whole of Norway can benefit from the activity and value created along our coastline. The government has set a target of at least a 50 per cent increase in Norwegian exports, excluding oil and gas, by 2030. This year's export figures show that the seafood industry will be an important contributor to ...
Source: Seafood

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