Seafood exports from Norway in April 2023

Published 2023년 5월 22일

Tridge summary

In April, Norway experienced a surge in the value of its seafood exports due to a weakening Norwegian krone, despite a decrease in volume to the lowest since 2007. The majority of the export value came from aquaculture, with salmon being a key contributor. Despite lower volumes, the value of salmon exports to Denmark, the US, and China increased, with Denmark serving as a transit point to other EU markets. Trout, cod, and other white fish exports also contributed to the overall value, with Spain seeing the largest increase in value for fresh cod. Overall, the price per kilogram for fresh whole salmon in April was NOK 113.60, and for trout, it was NOK 152/kg.

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

Original content

“For Norway, as a seafood country, it is positive that the value of export products continues to rise, but the increase in April is due solely to the currency effect. In euros, the value of exports fell by more than 5%, and in dollars by 3.7%. A weak Norwegian krone is pushing prices up,” says Christian Kramer, CEO of the Norwegian Seafood Council. In April, 160,000 tons of seafood were exported from Norway. This is the lowest export volume in April since 2007, when exports amounted to 125,000 tons. “The downward trend with falling volumes continued in April. Among other things, this concerned trout, grayling and several species of white fish, while salmon volumes did not change compared to the same month last year,” explains Christian Kramer. Denmark, the US and China were the three markets with the largest gains in value in April. “What they have in common is that salmon adds value. While Denmark is a major downstream and transit market, it is consumption that is driving growth ...

Source: Fishretail