Norway’s seafood exports up in value, down in volume
Seafood
Norway
Published Mar 4, 2023
Tridge summary
News Norway's seafood exports up in value, down in volume - Fish Farmer Magazine
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The impressive start to the New Year for Norway’s seafood exports continued during February, the latest figures show, with values rising despite a fall in volume. In value terms, seafood exports rose by 14% to NOK 12.8bn (just over £1bn) with salmon again the main driver. But overall volumes were down by 17% to 207,000 tonnes, and the rise in value has been attributed to foreign exchange factors. Norwegian Seafood Council CEO Christian Chramer said: “We have to go back to 2006 to find a February with a lower export volume.” He explained that a weaker Norwegian Krone was the main factor behind the increase in value. The country’s salmon farmers exported 81,645 tonnes worth NOK 8.8 bn (£704m). Thanks to continuing high prices, the value increased by NOK 1.2bn (£95m), but the volume was down by 8%. The United States, Poland and France were again the largest markets with the US showing a huge value increase of 77% or NOK 432m (£34.5m) and a volume increase of 41% to 6,604 tonnes. ...
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