Norwegian herring prices rose significantly in July

Published 2024년 8월 14일

Tridge summary

In July, the export of herring from Norway saw a 19% increase in value but a 2% decrease in volume compared to the same month last year. The Netherlands, Poland, and Lithuania were the leading markets. Despite the usual trend of lower exports in July, this year's exports were higher than in April, May, and June. The price of frozen whole North Sea herring rose by 21% from last year to NOK 19.66/kg this year, and record prices were set for other herring products. The main factor contributing to the high prices is the low herring quota, alongside high prices for flour and oil.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The value increased by NOK 33 million, or 19 percent, compared to the same month last year. The export volume decreased by 2 percent. The Netherlands, Poland and Lithuania were the largest markets for herring in July July is usually the month when the smallest quantities of herring are exported. However, this year the exports are higher than in April, May and June. This is due to two reasons: "In July the largest export product was frozen whole herring from the North Sea. This also includes fresh young Matjes herring, which is in demand by the Dutch," explains Jan Eirik Johnsen from the Norwegian Seafood Council. So far this year just under 6,000 tonnes of herring have been exported to the Netherlands, compared to 6,900 tonnes last year, a decrease of 13 percent. At the same time, the price of frozen whole North Sea herring rose in July from NOK 16.19/kg last year to NOK 19.66/kg this year, an increase of 21%. Other herring products also command high prices on the markets: A ...
Source: Fishretail

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