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NORWEGIAN KING CRAB EXPORTS FALL

NORWEGIAN KING CRAB EXPORTS

Norwegian king crab exports fall. In November, Norway exported 88 tonnes of king crab with a value of NOK 29 million. This is a 50 per cent reduction in volume and value drop by NOK 27 million, or 48 per cent.

So far this year, 1,900 tonnes of king crab have been exported to a value of NOK 585 million. The volume is at the same level as last year, while the value increased by NOK 39 million or 7 per cent. In November, the United States and Belgium are the largest destination markets for king crab.

Meanwhile, Norway exported 1,100 tonnes of prawns worth NOK 91 million in November. This is a 3 per cent increase in volume, while the value is at the same level as last year.

So far in 2019, 15,300 tonnes of prawns have been exported to a value of NOK 1 billion. This is a 52 per cent increase in volume and a 32 per cent growth in value or NOK 249 million.

“The increase in catches of prawns in the Barents sea this year have seen prices drop. The largest amount of the catch has been done by other nations than Norway,” says Frank Isaksen, chief analyst with the Norwegian Seafood Council.

Sweden and the UK are the most important markets for prawns in November.

 

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