High record on shellfish export in Norway

Published 2021년 8월 19일

Tridge summary

Norwegian shellfish exports reached a record high in July, with a value of NOK 406 million (€38.8 million), a 9% increase from the previous month. The re-opening of high-end restaurants globally has driven demand, with crab and shrimp exports seeing an increase. The country has exported around 14,000 tonnes of crab and shrimp so far this year, with the value reaching NOK 1.9 billion (€180 million). South Korea and the US are the biggest markets for king crab and snow crab exports, respectively. The increase in export value is also due to increased shellfish quotas, good fishing, and improved logistics and transport.

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

Original content

The value of Norwegian shellfish exports reached a record high in July, the Norwegian Seafood Council has said, with the re-opening of high-end restaurants around the globe fuelling demand. The export value reached NOK 406 million (€38.8 million) in the month, breaking the previously-set record the previous month by 9%, or around NOK 35 million (€3.35 million). "Exports of crab have increased to Europe, Asia and North America," commented the Norwegian Seafood Council's Ørjan Kjærvik Olsen. "At the same time, shrimp has also had a good month." Export Volumes In terms of export volumes, so far this year, Norway has exported around 14,000 tonnes of crab and shrimp, worth around NOK 1.9 billion (€180 million). "Compared with the first seven months of 2012, ie 10 years ago, the export value amounted to around NOK 371 million (€35.5 million) for the entire period," Olsend added. "That is about as much as July of this year alone. The amount has more than doubled in the last 10 years." ...

Source: ESMmagazine