Norway's exports of fresh and frozen cod have fallen in the first half of this year

Published 2024년 7월 15일

Tridge summary

Norway's fish exports have seen a decline due to reduced fishing quotas, with the export volume of fresh wild cod dropping by 29% and its export value decreasing by 24%. However, the export volume of farmed fresh cod increased by 28% and its export value increased by 51%. The export of frozen cod also saw a decrease of 9% and 6% in the first half of the year. The UK, China, and Vietnam were the largest export markets, but the export volume to these markets also reached the lowest levels in recent years.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Affected by the reduction of fishing quotas, the catch has dropped sharply, resulting in a reduction in exports. The export volume of fresh wild cod was 22,014 tons, a year-on-year decrease of 29%, and the export value was 1.4 billion Norwegian kroner, a year-on-year decrease of 24%; the export volume of farmed fresh cod was 6,436 tons, and the export value was 372 million Norwegian kroner, an increase of 28% and 51% respectively. Norway exported 2,200 tons of fresh cod in June, with a value of 141 million Norwegian kroner, a year-on-year decrease of 12% and 1% respectively. Norway exported 33,027 tons of frozen cod in the first half of the year. The export value was 2 billion Norwegian kroner, down 9% and 6% year-on-year respectively. The UK, China and Vietnam were the largest export markets. The export volume in the first six months of this year was the lowest since 2015, and the export volume to the UK fell by 4% in the ...

Source: Foodmate