Growth in pelagic fish exports in October
The value of Norway’s exports of herring, mackerel and other pelagic fish in October 2012 totalled NOK 1.6 billion. This is an increase of NOK 287 million or 22 per cent compared to October last year, according to the latest figures from the Norwegian Seafood Council.
Exports of mackerel in October were up in value by 33 per cent to NOK 1.2 billion compared to the same month last year. The volume of exports in October totalled no less than 101,000 tonnes.
“Norway’s mackerel quota for the year will soon have been landed,” says Kristin Lien, senior analyst with the Norwegian Seafood Council. “Catches have been up compared to last year, although the mackerel have been smaller in size. However, despite the smaller size mackerel have still been fetching good prices this season.”
The value of Norwegian herring exports in October totalled NOK 312 million. This is a decline of 10 per cent compared to the same month last year.
“The lower turnover in Norwegian herring exports shows that stocks are being reduced prior to the new fishing season getting properly under way,” says Kristin Lien, senior analyst with the Norwegian Seafood Council.
This year to date, the value of exports of pelagic fish totals NOK 4.8 billion, down from NOK 6.2 billion in the same period last year.
China and Japan biggest mackerel markets
The value of mackerel exports in October were up from October last year to a total of NOK 1.2 billion. A total of 101,000 tonnes of frozen whole mackerel was exported in October, an increase of 6,500 tonnes compared to October last year.
Japan, China and South Korea were the biggest markets. The average price of frozen whole mackerel in October was NOK 12.15 per kg, up by NOK 2.30 per kg compared to the same month last year.
This year to date, mackerel exports are down in value by NOK 150 million to a total of NOK 2.3 billion. The most important markets for Norwegian mackerel are Japan and China.
The volume of exports of frozen whole mackerel this year to date totals 196,000 tonnes, down by 12,000 tonnes compared to the same period last year. The average price is up by NOK 0.17 per kg. to a total of NOK 11.25 per kg.
Russia biggest market for Norwegian herring
Russia was the biggest herring market in October, with an export value of NOK 94 million. Both Lithuania and Ukraine imported Norwegian herring to the value of NOK 40 million in October.
October exports of frozen whole Norwegian herring totalled 20,000 tonnes, up by 2,000 tonnes from October last year. Norwegian herring exports have gone primarily to Russia, Ukraine and Lithuania. In October the average price of frozen whole Norwegian herring was NOK 7.11 per kg, down by NOK 0.16 per kg compared to October 2012.
A total of 11,000 tonnes of frozen Norwegian herring fillet products was exported in October, mainly to the markets in Poland, Belarus, Russia and Germany. The average price in October was NOK 12.06 per kg, down by NOK 1.50 per kg from October last year.
This year to date, the biggest export markets for Norwegian herring are Russia and Germany.
So far this year, a total of 219,000 tonnes of Norwegian herring has been exported to a value of NOK 2.1 billion. The average price was NOK 9.56 per kg. This is a decline in value of NOK 1 billion or 33 per cent compared to the same period last year.