Exports of Groundfish Down in July
Exports of groundfish including clipfish, salted fish and stockfish totalled NOK 651.3 million in July. This is a reduction of 21% compared to July 2011, according to the latest figures from the Norwegian Seafood Council. Exports of both fresh and frozen products experienced a decline, while exports of Norwegian clipfish of cod and salted fish showed growth.
“Exports to Portugal, our most important groundfish market, were up by 29% in July compared to the same month last year,” says market analyst Ove Johansen from the Norwegian Seafood Council. “Bacalhau remains a popular national dish in Portugal despite the turbulent economic situation.”
Exports of Norwegian Cod clipfish up, Saithe clipfish down
Exports of clipfish in July totalled NOK 227.7 million, a decline of NOK 12 million or 5% from July last year. The total volume of clipfish exports was 6,105 tonnes, down by 593 tonnes from July last year. The value of exports of Norwegian Cod clipfish in July totalled NOK 118 million, up from NOK 109 million in the same month last year. The volume of exports grew from 2,149 tonnes in July last year to 2,513 tonnes in July this year, an increase of 25%. Exports of Norwegian Saithe clipfish fell from NOK 112.9 million in July last year to NOK 91.7 million in July this year. Portugal was the biggest market for Norwegian clipfish in July, with exports up by NOK 11.8 million to a total of NOK 82.7 million, equal to growth of 18%. Brazil, the second biggest market, saw the value of exports in July fall from NOK 54.8 million to NOK 39.1 million, a decline of 29%.
Growth in exports of salted fish
The value of exports of salted fish, both whole and filleted, totalled NOK 39.2 million in July. This is an increase of NOK 14 million compared to the same month last year. Exports to Portugal showed the biggest growth, up from NOK 12.2 million to NOK 27.9 million, equal to a growth rate of no less than 119%.
Good prices for stockfish this year
The first sales month of the year for stockfish saw the value of exports total NOK 37.9 million, an increase of NOK 5.9 million or 18% compared to July last year. Exports of Norwegian Cod stockfish from Lofoten to Italy were valued at NOK 17 million in July, compared to NOK 20.6 million in July last year. Exports of this year’s stockfish to Italy were priced at NOK 140.20 per kg, compared to NOK 136.08 per kg in July last year. The volume of exports to Italy in July totalled 121 tonnes, compared to 151 tonnes in July last year. Nigeria, the biggest export market for stockfish in terms of volume, saw exports increase in value from NOK 9.3 million in July last year to NOK 16.5 million in July this year. The volume of exports, including stockfish of Norwegian saithe, torsk, haddock and cod, increased from 183 tonnes in July last year to 215 tonnes in July this year.
Reduction in exports of frozen products
Compared to July 2011, exports of frozen groundfish fell in July this year by NOK 70.3 million to a total of NOK 249 million. The export value in July of frozen whole fish fell by NOK 61.6 million to a total of NOK 192.8 million; frozen whole Norwegian Saithe was down by NOK 17.6 million, frozen whole Norwegian Cod was down by NOK 15.2 million and frozen whole redfish was down by NOK 17 million compared to the same month last year. Also in July, exports of frozen fillet products declined by NOK 8.3 million to a total of NOK 55.6 million.
China remains the biggest market for frozen Norwegian groundfish products, despite a reduction in the value of exports from NOK 91.6 million in July last year to a total of NOK 55 million in July this year.
Less exports of fresh products
From July 2011 to July 2012, exports of fresh groundfish products from fishery fell in value by NOK 25 million to a total of NOK 83 million. Exports of fresh whole fish in July declined in value by NOK 21.6 million to a total of NOK 70 million. Exports of fresh fillets in July were down in value from NOK 16.3 million to a total of NOK 13 million. Exports of Norwegian Cod were down, while exports of haddock fillets were up. Growth was seen in exports of fresh products to France and the UK, while Denmark accounted for the biggest decline.
Further downturn for aquaculture sector
Exports of groundfish products from aquaculture continue to decline. The value of exports in July totalled NOK 15.1 million, a reduction of NOK 10.8 million compared to July last year. The biggest decline in value was in exports of farmed whole Norwegian Cod, which fell from NOK 15.7 million in July last year to a total of NOK 9.3 million in July this year.