Groundfish Exports Total NOK 5.1 Billion in First Half-Year
Exports of groundfish including clipfish, salted fish and stockfish totalled NOK 5.1 billion in the first half-year of 2012. This is a fall of NOK 356 million or 7% compared to the first half-year of 2011, according to the latest figures from the Norwegian Seafood Council. In June, exports of groundfish were up by NOK 28 million from June last year.
- Portugal is among the EU countries hardest hit by the economic crisis, yet despite this the Portuguese continue to prioritise eating clipfish, says Egil Ove Sundheim, director of market information with the Norwegian Seafood Council. The positive trend seen in May has continued through June, with exports of clipfish hitting the highest level ever seen for the month of June. Exports of clipfish to Portugal in June were 54% up on the same month last year.
First half-year clipfish exports down
In the first half-year of 2012 exports of clipfish were valued at NOK 1.5 billion, down by NOK 40 million compared to the first half-year of 2011. The volume of exports was down by 2,251 tonnes. In the same period, the average price increased by 3%. Exports to Brazil and Portugal, in particular, fell during the first half-year.
The value of exports of Norwegian Saithe clipfish in the first half-year totalled NOK 535 million, a decline of NOK 51.5 million compared to the same period in 2011. The volume of exports was down by 3,950 tonnes to 17,396 tonnes. In the same period, the average price increased by NOK 3.28 per kg. Also in the first half-year, exports of Norwegian Cod clipfish showed an increase of 1,510 tonnes/NOK 5.3 million. The average price fell from NOK 49.98 per kg in 2011 to NOK 46.28 per kg in 2012.
Exports of salted fish to Spain improve
In the first half-year of 2012, the value of exports of all salted fish products totalled NOK 627 million. This is a fall of NOK 177 million compared to the same period in 2011. The volume of exports of salted fish products in the first half-year totalled 19,768 tonnes, down by 16% from the first half-year of 2011. Exports of salted fish to Portugal showed the biggest drop, down in value by 29% to NOK 387 million and in volume by 3,581 tonnes. Exports to Spain, the second biggest market for salted fish, were up in value from NOK 146 million in 2011 to NOK 149 million in 2012.
Reduction in stockfish exports
Total exports of stockfish in the first half-year of 2012 were valued at NOK 182 million. This is a reduction of NOK 11 million compared to the same period in 2011. The volume of exports was down by 312 tonnes. The average price is up by NOK 7.38 per kg or 9%. Exports to Italy saw the biggest fall in value, down by NOK 7.5 million. In the first half-year the price of the biggest product, Norwegian Cod stockfish from Lofoten, averaged NOK 138 per kg compared to NOK 127 per kg in 2011 .
Growth in exports of fresh whole Norwegian Cod
The value of exports of fresh Norwegian Cod products from fishery in the first half-year totalled NOK 915 million, down by NOK 66.6 million from the same period in 2011. Exports of fresh whole Norwegian Cod were up in value by NOK 15 million to NOK 400 million and up in volume by 2,192 tonnes to 18,072 tonnes. Exports of fresh fillets fell in value by NOK 43 million, with Norwegian Cod fillets accounting for virtually the whole of this drop.
Exports of frozen groundfish up
First half-year exports of frozen groundfish increased in value by NOK 27.7 million to a total of NOK 1.73 billion compared to the same period last year. First half-year exports of frozen whole groundfish increased in value by NOK 100 million, with Norwegian Cod and haddock accounting for most of this growth. China remains the biggest market for frozen whole groundfish. Exports of frozen fillets in the first half-year were down in value by NOK 72 million, with the Norwegian Cod and haddock segments accounting for most of the fall, particularly in exports to the UK.
Exports from aquaculture continue to fall
First half-year exports of aquaculture products totalled NOK 99.4 million, a drop of 43% compared to the same period in 2011. The value of exports of fresh whole Norwegian Cod totalled NOK 58 million, a drop of NOK 57.8 million. The biggest market for fresh whole Norwegian Cod is Denmark. Exports of fresh Norwegian Cod fillets, where the biggest market is Belgium, fell in value by NOK 8.2 million to NOK 4.3 million.