Tridge summary
Herring exports in July saw a significant decline of 41%, reaching the lowest export value since 1990 due to reduced catches. The average price of North Sea herring increased by 40% year-on-year, while Norwegian spring herring saw a 13% increase. Mackerel exports in July also experienced a decrease in volume and turnover, with the Netherlands, Egypt, and South Korea being the main export markets. Shrimp exports followed a similar trend, with a 62% decrease in volume and 36% decrease in value compared to July 2022, with Sweden, the United Kingdom, and Finland being the primary markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Herring exports in July decreased due to a sharp decrease in catches, reaching only 56,000 tons, down 41% compared to the same period last year, the lowest export value of herring in July since 1990. As of July, the average price of North Sea herring was NOK 8.9/kg, up 40% year-on-year. Norwegian spring herring, average price is NOK 7.89/kg, up 13%. Norway's mackerel export volume in July 2023 was 6,716 tons, equivalent to NOK 151 million, down 15% in volume and 1% in turnover compared to July 2022. The Netherlands, Egypt and South Korea are the largest export markets. July is the low season for Norwegian mackerel production. So far, Norway's mackerel production has remained the same as last year. This year is 61,000 tons, in 2022 it is 62,500 tons. The average price in July was NOK 14.53/kg, an increase of ...
Source: Vinanet
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