Norway’s seafood exports are set to surpass NOK 100 billion ($10.9bn) this week (week 49 of 2019), the Norwegian Seafood Council (NSC) said.
So far this year the country has exported 2.4 million metric tons of seafood worth NOK 97.7bn; down 4% in volume, but up 8% in value.
As ever, salmon leads the exports. Norway exported 108,000t of salmon worth NOK 6.2bn in November, up 7% in volume and 12% in value year-on-year.
So far this year, Norway has exported 1 million metric tons of salmon worth NOK 66bn, up 7% in volume and 6% in value. The average price for whole fresh salmon in November was NOK 59.06 per kilogram, compared with NOK 56.07/kg in November last year. Poland and France were the largest markets for salmon in November.
“An ever-increasing share of exports to the EU goes to countries that traditionally have a large amount of Norwegian salmon processed for export, mainly to other EU countries,” noted NSC analyst Paul Aandahl, pointing to Poland, Denmark, the Netherlands and Lithuania as examples.
Trout exports were up 30% in volume and 20% in value for November, at 6,700t and NOK 382m. So far this year, Norway has exported 54,100t of trout for NOK 3.3bn, up 31% in volume and 25% by value. Belarus and the US have purchased the most trout from Norway in November.
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