Stable Norwegian seafood exports in 2020 despite the corona pandemic

Published 2021년 1월 6일

Tridge summary

In 2020, despite the challenges of the coronavirus pandemic, Norway's seafood exports reached a value of NOK 105.7 billion, marking the second-highest value ever. The industry adapted to the changes by shifting their focus to retail and online sales channels. The exports saw a minor increase in volume but a slight decrease in value compared to the previous record year. The second-highest export value for salmon, valued at NOK 70.1 billion, was achieved, along with a notable increase in the value of trout and herring exports. However, there was a decline in the export value of saithe, haddock, and clipfish, primarily due to reduced demand and market access issues. The export volume to the EU, Asia, and Eastern Europe varied, with Poland being the largest market. The overall export volume increased by 2%, while the value fell by 1% compared to the previous year, reflecting the challenges faced by the industry amidst the pandemic.

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

Original content

Despite a very demanding year, Norway exported 2.7 million tonnes of seafood worth NOK 105.7 billion in 2020. This is the second-highest value ever and equates to 37 million meals every day throughout the year or 25,000 meals per minute.The total volume of seafood exports increased by 2 per cent in 2020, while the value was reduced by 1 per cent, or NOK 1.5 billion, compared with the record year of 2019. "Even though 2020 was a very different year, much of our seafood exports have managed to defy the biggest challenges in the wake of the corona pandemic. We have seen how strong Norwegian seafood is globally and can be proud of the industry´s ability to adapt quickly here at home as well as maintaining the strong position we have with consumers worldwide", says Renate Larsen, CEO of the Norwegian Seafood Council. "I am happy that seafood exports once again have exceeded NOK 100 billion in export value. The first time we managed this was in 2019, and that we have managed to repeat ...

Source: Seafood