Fish Focus

EXPLOSIVE GROWTH IN VALUE OF NORWEGIAN SEAFOOD EXPORTS IN JULY

Explosive growth in value of Norwegian seafood exports in July. The value of Norwegian seafood exports amounted to NOK 9.5 billion in July. This is an increase of NOK 1.6 billion, or 21 per cent, compared to July 2020.

“Measured by value, this July is the best ever for Norwegian seafood exports. Salmon continues its growth trajectory from June, while we have also experienced a sharp increase in exports of snow crab and king crab,” says Tom-Jørgen Gangsø, Director of  Market Insight and Market Access with the Norwegian Seafood Council.

So far this year, seafood exports totalled NOK 63.3 billion, which is a whopping 9 per cent over the same period last year.

“There are fewer restrictions related to the pandemic in a number of markets this summer when compared to last year. This has a positive effect on the demand for healthy, sustainable and tasty seafood from Norway,” says Tom-Jørgen Gangsø.

Growth in salmon exports

“We have never seen a stronger July month for salmon exports, either in volume or value. Increased tourism and a gradual reopening of the restaurant sector have increased demand for salmon compared to July last year,” says Paul Aandahl, Seafood Analyst with the Norwegian Seafood Council.

“China has been the most significant growth market for salmon in July, but this must be compared to a relatively weak July month last year,” Aandahl continues.

Trout exports also growing

Gains for fresh cod

A drop in value for frozen cod

Clip fish exports increase

“In July, 1,177 tonnes of clip fish were exported to Africa (Angola, Congo Brazzaville and DR Congo) compared with 606 tonnes in 2020, almost doubling our export volume. At the same time, the value of exports has also doubled, compared with the same period last year, with NOK 38.9 million in July this year compared with NOK 19.5 million in 2020, says Seafood Envoy to Africa, Trond Kostveit.

“Most of the exports of saithe clip fish go to Congo Brazzaville and the increase is due to a generally good demand for Norwegian clip fish and shows that the economy of the countries has improved after last year’s shutdown,” Kostveit says.

Salted fish exports rise

Stockfish exports remain stable

Herring exports also holding steady

“June and July are the high season for export of herring to the Netherlands. This year’s season has been described as perfectly satisfactory by exporters, and figures show that exports of frozen herring to the Netherlands in June and July were 12 000 tonnes, an increase of 16 % from last year (10,300 tonnes). Total export value was NOK 141 million, an increase of 17% compared to last year,” says Jan Eirik Johnsen, Head of Pelagic Species with the Norwegian Seafood Council

Up for mackerel

“In the last two months, there has been good coastal fishing of mackerel around Lofoten. This mackerel is sought after in markets where mackerel is smoked, which has resulted in increased exports to Egypt and Ghana, among others. Access to mackerel around Lofoten varies considerably from year to year. In June and July this year, a total of 12 000 tonnes of mackerel were landed, compared with 7 200 tonnes in the same period last year, an increase of 65%”, says Jan Eirik Johnsen, Head of Pelagic Species with the Norwegian Seafood Council

Adventurous growth for king crab

This is the second strongest export month for king crabs ever, only beaten by July 2018, where the value of exports was NOK 132 million.

An upswing in exports for prawns

A record month for snow crab

Growth continues for the entire shellfish category in July.

“Exports of crab have increased to Europe, Asia and North America. When we find that prawns also have a good month, the month of July has the highest value for the shellfish category ever with values of just under NOK 406 million,” says Paul Aandahl with the Norwegian Seafood Council.

The previous record from June was 9 per cent or NOK 35 million.

“Snow crab is a hit in grocery stores in the United States. Americans have learned to cook shellfish at home, and this is clearly helping the market to grow. In addition, we can point to good fishing, increased quotas on snow crabs and increased demand for Norwegian shellfish as an explanation for the strong growth,” says Aandahl.

Photo credit; Norwegian Seafood Council

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