Strong salmon exports in November
The value of Norwegian Salmon exports in November totalled NOK 4.1 billion. This is an increase of NOK 1.1 billion compared to November last year, according to the latest figures from the Norwegian Seafood Council.
The increase in the value of exports comes in spite of a decline in the volume of exports of nearly 3,000 tonnes to a total of 97,000 tonnes. This year to date, the value of Norwegian Salmon exports totals NOK 35.4 billion, up by NOK 8.7 billion compared to the same period last year. The volume of exports in the same period was down by 35,000 tonnes to a total of 870,000 tonnes.
“The growth in the value of exports is attributable to growing demand,” says Paul Aandahl, manager salmon and trout with the Norwegian Seafood Council. “More and more people are eating Norwegian Salmon and this is the primary reason for the growth we have noted. This is the result of a growing middle class combined with product development and improved logistics in both established and new markets.”
Norwegian Salmon prices remain strong
The average price for fresh whole Norwegian Salmon in November was NOK 39.02 per kg. This is NOK 12 higher than in November last year. The November price was 4 per cent higher than the average price in October.
Reduced export volume to EU, but still high market share and value
The volume of exports of Norwegian Salmon in November fell by 3 per cent compared to November last year. Exports to the EU were down by just under 4 per cent. Poland was the biggest market for Norwegian Salmon in November, while France was the most valuable market.
Reduction in exports to Russia
Exports of Norwegian Salmon to Russia in November were down in volume by 19 per cent compared to November last year. Despite this, the value of exports to Russia was up by 15 per cent from November last year.
Growth in exports to Asia and the USA
The month of November saw the volume of exports of Norwegian Salmon to Asia increase by 7 per cent compared to November 2012. The biggest increase was in the volume of exports to China.
The volume of exports of Norwegian Salmon to the USA in November totalled 3,019 tonnes, continuing the positive trend from the previous month. This is equal to growth of 148 per cent compared to the same month last year.
Growth in exports of Norwegian Fjord Trout
Exports of Norwegian Fjord Trout increased in value in November by NOK 64 million to a total of NOK 250 million. At the same time, the volume of exports declined by 8 per cent. The biggest markets for Norwegian Fjord Trout in November were Russia, Belarus and Japan.