Rapid growth in Norwegian seafood exports in the first quarter
Seafood
Norway
Published Apr 6, 2022
Tridge summary
Despite the tense global trade situation, the export value of Norwegian seafood has never been higher in a first quarter than in 2022. In the first three months of the year, Norway exported seafood worth NOK 34 billion. This is a growth in value of 22 per cent, or NOK 6.2 billion, measured against the first quarter last year.“A strong global demand for Norwegian seafood yielded record export value in the first quarter. It is nevertheless a demanding time to be engaged in global trade.
Original content
A month of war has resulted in complicated flows of goods and more expensive logistics. Nevertheless, the Norwegian exporters have in an impressive way managed to supply the world with sustainable seafood from Norway”, says Renate Larsen, CEO of the Norwegian Seafood Council.Lowest export volume since 2016In addition to the tense global situation, bad weather, quota reductions and lower sea temperatures have combined to lower the export volumes of herring, mackerel and salmon.“We have the lowest export volume of Norwegian seafood in a first quarter for six years. The record-setting export value is therefore driven by strong price growth for many species. The salmon price has remained at a high level, at the same time as we have a record value for cod and saithe so far this year”, says Renate Larsen.An all-time best single monthJanuary and February were two good months for Norwegian seafood exports, but they were still surpassed by March, which became the strongest single month ...
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