News

Norway exports US$ 15.29 billion in fish

Norway
Published Jan 19, 2023

Tridge summary

Norwegian fish exports broke a record in 2022, with the country exporting 2.9 million tonnes worth around US$15.29 billion, according to the Norwegian Fisheries Council. This amount represents a 25% increase compared to 2021, a year that also represented a record for negotiations.

Original content

“Norwegian fish exports had a historically strong year. This comes at a time marked by war in Europe, galloping energy prices, skyrocketing inflation and a weakening of global purchasing power. than the sharp rise in prices, which last year resulted in record prices for key species such as salmon, cod, mackerel, trout, saithe and herring," comments Christian Chramer, CEO of the Norwegian Fisheries Council / Norwegian Seafood Council. The export record in values occurs despite the lower export volumes of several species such as salmon, herring, mackerel, cod, king crab and snow crab. “For salmon, lower sea temperatures negatively affected slaughter in 2022. As for our wild caught species, significant amounts of herring were used, in 2022, for fishmeal and fish oil production in Norway, while we had quotas lower for cod. That's the main explanation for the drop in volume," says Chramer. "Norwegian seafood has reached another milestone. Behind the export value of around US$15.2 ...
Source: Agrolink
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