Statistics on Norway's cod exports in April

Published 2024년 5월 13일

Tridge summary

In April, Norway experienced a significant shift in its cod market due to declining wild cod quotas and increasing farm-reared cod production. Exports of fresh wild cod fell by 35% in volume and 26% in value, while farmed cod exports rose by 16% in volume and 52% in value, accounting for 24% of total fresh cod exports. Other successful exports included Arctic cod, frozen cod, dried cod, and salted cod to mainland Europe and Asia, with China witnessing the most substantial growth in revenue for frozen cod. Portugal, Spain, and Italy were the leading markets for salted cod, despite a slight increase in export value, with Italy seeing a notable 41% rise in volume to Italy.

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

Original content

As fishing quotas and catches decrease, the amount of fresh wild cod continues to decline, while the amount of fresh farmed cod continues to increase in April. In April, the export volume of fresh wild cod decreased by 35% to 3,800 tons, and the export value decreased by 26% to NOK 241 million. The export volume of farmed cod was 1,200 tons, an increase of 16% year-on-year, and the export value increased by 52% to NOK 76 million. Among the fresh cod exported during this period, 24% was farmed cod. In April, Norway exported 631 tons of high-quality Arctic cod, worth NOK 39 million, a decrease of 3% in export volume and an increase of NOK 2 million, or 6%, year-on-year. Denmark, Spain and Sweden are the main export markets. In April, Norway exported 7,051 tons of frozen cod, worth NOK 447 million, an increase of 30% in export volume and 125 million in export value, or 39% year-on-year. China, the United Kingdom and Vietnam It is the largest export market. Norwegian frozen cod export ...

Source: Foodmate