Tremendous Start to Year for Groundfish Exports
The value of exports of Norwegian groundfish including clipfish, salted fish and stockfish totalled NOK 943.7 million in January. This is an increase from January 2011 of NOK 156.2 million or 20%, according to the latest figures from the Norwegian Seafood Council.
- Despite a reduction in exports of salted fish to Portugal, this has been offset by the good growth seen in clipfish exports and means that in total we have made a stronger start to the year in Portugal this year than last,” says market analyst Ove Johansen from the Norwegian Seafood Council. Although interestingly, increased exports of Norwegian Cod to Asia and North America could well see these markets challenge Portugal’s position as our most important cod export market. Already, Portugal’s market share has fallen from 17% to 12% in January.
Strong month for clipfish exports
The value of exports of clipfish totalled NOK 350.2 million in January. This is an increase of 35% or NOK 91.5 million compared to January last year. Exports of Norwegian Cod clipfish were up by 57% to a total of NOK 172.5 million, an increase of NOK 62.6 million from January 2011. The value of exports of Norwegian Saithe clipfish totalled NOK 142.7 million, an increase of 9% compared to January 2011. Exports of torsk clipfish and ling clipfish increased in value by NOK 17 million to a total of NOK 33.7 million.
Brazil was the biggest market for clipfish in January with exports valued at NOK 214.1 million, up by NOK 75 million from the same month last year. The next biggest market for clipfish, Portugal, also showed growth in the first month of the year, with exports up from NOK 33.6 million to NOK 46 million.
Salted fish exports down
Exports of salted fish were down in value from NOK 52 million in January 2011 to NOK 36.7 million in January 2012, a reduction of 29%. Exports to Greece showed the steepest decline with a fall of NOK 10 million, from NOK 15.1 to NOK 5.2 million.
The reduction was evenly divided between salted fillets and whole salted fish. Exports to Portugal were down in value from NOK 23.8 million to NOK 14.2 million, while exports to Spain were up by NOK 8.2 million to NOK 11.8 million in January.
Growth in exports of fresh fish
Exports of fresh groundfish, including flatfish caught in the wild, totalled NOK 156.9 million in January, an increase of 7% compared to January last year. Exports of fresh whole fish were up, while exports of fresh fillets were down. The biggest product is fresh whole Norwegian Cod, exports of which grew in value by NOK 22.3 million to NOK 75.6 million. Sweden is the biggest growth market for whole fresh Norwegian Cod, strongly up in value from NOK 1.8 million in January 2011 to NOK 7.4 million in January 2012.
Exports of frozen fish also up
Exports of frozen fish were up in value in January by 41% from NOK 229.5 million to NOK 323.4 million. Both whole fish and fillets showed growth. China remains the biggest importer of frozen whole groundfish, with exports to China up by 32% from January last year to NOK 104.2 million in January 2012. Exports to the USA of frozen whole Norwegian Cod grew from NOK 450,000 to NOK 11 million and frozen whole haddock from NOK 9 million to NOK 26 million.
Exports from aquaculture down
The value of exports of farmed groundfish in January totalled NOK 23.4 million, a reduction of 39% compared to the same month last year. Exports of fresh whole Norwegian Cod, the main product, were down in value from NOK 24.3 million to NOK 13 million. The biggest downturn was seen in exports to Spain and Sweden, which fell by NOK 3.9 million and NOK 4.9 million respectively.