Growth in Norwegian seafood exports continue despite challenging market conditions

Published May 6, 2021

Tridge summary

Norway exported seafood worth NOK 8.6 billion in April. This is an increase of NOK 338 million, or 4 per cent, compared with April last year. Thus, the positive development from last month continues. "Even though the seafood markets are still strongly affected by the corona pandemic and a strengthened Norwegian krone, the value of seafood exports in April is the second highest April ever.

Original content

This is partly because record-high volumes are being exported at increased prices for salmon and snow crab, among other things. The demand for salmon in France and Italy is again growing. At the same time, the Americans have opened their eyes to the snow crab", says Renate Larsen, the Norwegian Seafood Council CEO. Continued challenges The value of seafood exports in March and April has never been higher in these two months. Nevertheless, Renate Larsen emphasizes that there are still challenging times for parts of the industry. "The development for salted fish and clipfish of cod is still weak. Although the salted fish volume increased in April, the volume for both clipfish and salted fish of cod is down over 20 per cent so far this year, at still low prices. This is due to reduced demand and lower volume to an important market such as Portugal", says Renate Larsen. Good year for herring and mackerel After a strong start in 2021, export figures show a decline for both herring and ...
Source: Seafood
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