China has significantly reduced imports of frozen cod from Norway

Published 2023년 10월 12일

Tridge summary

During the third quarter, the UK, Vietnam, and Latvia were the biggest buyers of frozen cod. However, there was a significant decrease in the value of exports due to a 35 percent fall in frozen cod export volumes. China, which used to be a major destination for frozen cod, fell to the fourth position and experienced a 74 percent decline in export volumes during this period.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The UK, Vietnam and Latvia were the largest markets for frozen cod in the third quarter. A fall of as much as 35 percent in frozen whole cod export volumes resulted in a significant decline in the value of exports in the third quarter. The volume of frozen fillets increased by 13 percent and amounted to 1,700 tons. Export volumes to China fell a significant 74 percent in the third quarter, and the country was only the fourth largest destination for frozen cod during the period. “Our export data since 1988 shows that for the first time in a quarter, China is not among the top two destination countries for frozen cod. Latvia, Vietnam and Portugal stand out with volume increases of 700, 700 and 400 tonnes respectively,” says seafood analyst Eivind Hestvik Brekkan from the Norwegian Seafood Council. In the largest destination country, the UK, exports fell 17 percent, or 540 tonnes, in the third quarter. “The decrease is due to lower volumes of frozen whole cod. On ...
Source: Fishretail

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.