Fall in Norwegian seafood export value despite growth in volume for some species
Seafood
Norway
Published Mar 4, 2021
Tridge summary
Norway exported seafood worth NOK 8.7 billion in February. This figure represents a decrease of NOK 482 million, or 5 per cent, compared with February last year, and continues the downward trend that started in January. "Although seafood markets are still strongly affected by the corona pandemic, the value of seafood exports in February is the second-highest February on record.
Original content
Norway exported seafood worth NOK 8.7 billion in February. This figure represents a decrease of NOK 482 million, or 5 per cent, compared with February last year, and continues the downward trend that started in January."Although seafood markets are still strongly affected by the corona pandemic, the value of seafood exports in February is the second-highest February on record. This is partly because record-high volumes of individual species like salmon and herring have been exported", says Renate Larsen, CEO of the Norwegian Seafood Council.A nuanced picture In February, most species' export value fell, except for king crab and herring, compared to the record-strong February of 2020. "A year ago we saw historically high prices for salmon and cod, and that was before the pandemic struck and reduced the sale of seafood in hotels and restaurants globally. It should also be mentioned that the picture is nuanced and that there is still significant uncertainty associated with future ...
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