Seafood exports from Norway in April 2024

Published May 27, 2024

Tridge summary

In April, Norway experienced a record high in seafood exports value, driven by a slightly weaker Norwegian krone and increased export volumes of several fish species, despite lower quotas and salmon volumes. The highest value increase was recorded in Poland, with trout seeing a 51% increase in value and 56% increase in volume. Despite the highest cod export values in a decade, the production value decreased slightly. The skrei fishing season ended with record exports in Norwegian kroner, and salmon exports increased in value but decreased in volume. The price of fresh whole salmon reached a record high of NOK 121 per kg in April.

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

Original content

“The value of exports in April has never been higher than this year. The rise was largely driven by the Norwegian krone, which weakened slightly against the euro and US dollar compared to April last year. In addition, export volumes of several fish species such as trout, pollock, haddock, snow crab and mackerel increased last month,” says Christian Schramer, director general of the Norwegian Seafood Council. Easter is another factor affecting seafood exports in April. In April this year there were four more working days than in the same month last year. “As we always compare seafood export trends to the same period last year, this can have a major impact if Easter falls in different months, such as this year and last year. In this case, it is more correct to look at seafood exports in March and April in aggregate,” says Schramer. In March and April, Norway exported seafood worth a total of NOK 27.6 billion. This is NOK 1.1 billion less than in the same period last year. ...

Source: Fishretail