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Price growth led to a record start for Norwegian seafood exports in 2023

Seafood
Norway
Published Feb 6, 2023

Tridge summary

Price growth led to a record start for Norwegian seafood exports in 2023. Norway exported NOK 12.7 billion worth of seafood in January

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. An all time record for the month. This is an increase of NOK 2.4 billion, or 23 per cent, compared to January last year. “Price growth is the most important reason why January was another record month for seafood exports. The export prices for salmon, cod, trout, pollock and herring were significantly higher than in January 2022”, says Christian Chramer, CEO of Norway’s Seafood Council. “Despite troubled times and changing product flows, seafood exports have reached new heights. Inflation is still high in large parts of the world, and consumers in Europe have significant challenges with lower purchasing power and negative expectations for their economy going forward”, says Chramer. In January, there was a decrease in the export volume of fresh whole salmon to Europe, while China and the USA stand out with significant growth. “Only 66 per cent of Norway’s total exports of salmon measured in value went to Europe in January. This is the lowest proportion of salmon that has gone to ...
Source: Fish Focus
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