NORWEGIAN PRAWN AND KING CRAB EXPORTS SOAR

Norwegian prawn and king crab exports soar. Norway exported 1,800 tonnes of prawns with a value of NOK 111 million in January 2019, according to the latest figures from the Norwegian Export Council.

This represents an increase in volume of 1,200 tonnes or 175 per cent, while export value has increased by NOK 58 million or 110 per cent compared with January last year. Iceland, Sweden and the UK were the largest export markets in January.

“Low cod and haddock quotas mean that fishermen have spare capacity and use this to increase their prawn fishing activity. Iceland has imported nearly 800 tonnes of raw material in January, and Sweden, the largest consumer market has also made an impact on the statistics and has contributed to increases by more than 130 per cent”, says seafood analyst, Ingrid K. Pettersen.

239 tonnes of king crab were exported with a total value of NOK 70 million. This is an increase in volume of 70 tonnes or 41 per cent, while export value increased by NOK 21 million or 44 per cent. South Korea, the United States and Spain were the largest recipients of king crab in January.

Meanwhile, in January, 4,000 tonnes of trout were exported with a value of NOK 266 million. Export volume increased by 766 tonnes, or 24 per cent, while export value increased by NOK 59 million or 29 per cent compared with January 2018. The US, Belarus and Thailand were the largest export markets for trout in January.