Sales of Norwegian capelin have increased significantly

Published 2024년 5월 21일

Tridge summary

The article highlights the dynamics of Norwegian capelin market in April, focusing on the dominant markets including Iceland, China, and Japan. It notes a significant increase in the capelin fishing quota in the Barents Sea from the previous year, indicating a positive outlook for production. Despite this, there has been a decline in capelin caviar exports in April compared to the same period last year, yet the total export volume for the year has doubled, reaching 1,000 tons valued at NOK 41 million. However, Jan Eirik Johnsen, from the Norwegian Fishing Council, points out that the price drop in capelin caviar this year is due to an oversupply from Iceland.

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Original content

In April, the largest markets for Norwegian capelin were Iceland (direct deliveries), China and Japan. There have been no Norwegian vessels fishing for capelin in Icelandic waters this year. However, the quota for capelin fishing in the Barents Sea has increased from 37,000 tons last year to 117,000 tons. The most important markets for capelin are China and Japan. Growth in production volumes of capelin caviar Exports of capelin caviar in April amounted to 217 tons, compared to 384 tons in the same month last year. However, this year there has been a clear increase in the export of capelin caviar. A total of 1000 tons were exported, valued at NOK 41 million. This is double the volume compared to 500 tons. “However, due ...

Source: Fishretail