News

Norway: Chinese demand for salmon on the rise, says Seafood Council

Salmon
Seafood
China
Norway
Published Jun 6, 2023

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News Chinese demand for salmon on the rise, says Seafood Council - Fish Farmer Magazine

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The global market for salmon and other seafood could be changing, with increasing demand in Asia, the latest data from the Norwegian Seafood Council suggests. The Seafood Council’s CEO Christian Chramer said in his latest monthly report that while Europe clearly remains the largest single market for Norway’s seafood, there were signs of a shift in demand to other parts of the world. Europe takes 68% of Norway’s seafood overall exports, Asia 21% and North America 9%. But Chramer added: “We are seeing a shift in total Norwegian seafood exports from Europe to overseas markets such as Asia and North America. In May, we have never had a lower European value share [comparing May year on year] than this year.” Seafood analyst Paul T. Aandahl added: “China had the greatest value growth in May, with an increase in value of NOK 218m (£16m) or 83% on the same period last year.” The Seafood Council also reports that demand for salmon in China is on the rise, ending at 3,297 tonnes or 86% up ...
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