Norwegian Salmon Exports Increase in Value in July
The value of Norwegian Salmon exports in July totalled NOK 2.3 billion, an increase of NOK 58 million or 2.6% compared to July 2011. In the same period, the volume of exports was up by 13,000 tonnes or 21%. This year to date, the value of Norwegian Salmon exports totals NOK 16.3 billion, down by 5% or NOK 932 million compared to the same period last year, according to the latest figures from the Norwegian Seafood Council.
“This is the second month in a row that the value of Norwegian Salmon exports has increased,” notes market analyst Paul Aandahl from the Norwegian Seafood Council. “This is attributable to continued strong growth in the volume of exports.”
Norwegian Salmon prices up on previous month
In July, the average export price for fresh whole Norwegian Salmon was NOK 27.05 per kg. This was NOK 0.27 higher than the average price in June but NOK 4.05 lower than in July 2011. This year to date, the average price for fresh whole Norwegian Salmon is NOK 27.81 per kg, down NOK 10.06 compared to the same period last year.
Strong growth in volume of exports to Europe
The volume of exports of Norwegian Salmon products in July totalled 78,000 tonnes, up by 21% or 13,000 tonnes compared to July 2011. Almost 65,000 tonnes or 82% of total Norwegian Salmon exports went to Europe. The strongest growth was in exports to Poland, which were up by 44% or 2,759 tonnes compared to the same month last year. In terms of volume, Poland was Norway’s third biggest export market after France and Russia.
Exports of Norwegian Fjord Trout stable
The value of exports of Norwegian Fjord Trout in July totalled NOK 118 million. This is a reduction of NOK 1 million compared to the same month last year. At the same time, the volume of exports has increased by 200 tonnes to a total of 3,802 tonnes. 74% of Norwegian Fjord Trout exports in July went to markets in eastern Europe. The most important export market for Norwegian Fjord Trout is Russia, which accounted for 58% of all exports. Other major export markets for Norwegian Fjord Trout are Japan and Belarus.