Norway sees slight export growth despite import ban

By

SeafoodSource staff

Published on
September 11, 2014

The value of exports of Norway seafood in August totaled NOK 4.8 billion (USD 756 million, EUR 584 million), up 3 percent, compared to August 2013, according to data rom The Norwegian Seafood Council (NSC). To date, Norwegian seafood exports have totaled NOK 42.4 billion (USD 6.7 billion, EUR 5.2 billion), up 16 percent, compared to the same time period last year.

"The effect of the import ban for food products from Norway introduced by Russia, our biggest seafood market, on 7 August has been especially apparent in exports of trout and herring,” said Christian Chramer, NSC communications manager. “However, the effect on a global product like salmon has not been comparable. The volume of exports of Norwegian salmon was up 11 percent in August and, despite a lower export price, we see continued growth in the value of exports of Norwegian salmon and Norwegian seafood overall.”

The value of exports of Norwegian salmon in August reached NOK 3.3 billion (USD 520 million, EUR 401 million), up 3 percent, compared to last August. To date, Norwegian salmon exports have totaled NOK 28.4 billion (USD 4.5 billion, EUR 3.5 billion), up 19 percent, compared to the same month last year. The average price for whole, fresh Norwegian salmon in August was NOK 36.04 (USD 5.68, EUR 4.38), compared to NOK 40.73 (USD 6.41, EUR 4.95) last August. As in the previous month, the biggest markets for Norwegian salmon were Poland and France.

The value of exports of Norwegian fjord trout in August was NOK 150 million (USD 23.6 million, EUR 18 million), down 28 percent, compared to last August. To date, total exports for fjord trout have totaled NOK 1.6 billion (USD 252 million, EUR 195 million). This is an increase of 9 percent compared to the same period last year. The largest markets for Norwegian trout in August were Belarus and Poland.

Herring exports fell in August by 3 percent, to a total value of NOK 147 million (USD 23 million, EUR 18 million). To date, total exports of herring have totaled NOK 1.4 billion (USD 220 million, EUR 170 million). This is a decrease of NOK 104 million (USD 16.4 million, EUR 12.6 million) compared to the same period last year. Ukraine and Poland were the biggest markets for herring in August.

Mackerel exports were up in August by NOK 7 million (USD 1.1 million/EUR 850,654), to a total of NOK 49 million (USD 7.7 million, EUR 6 million). Exports of mackerel to date have increased by NOK 253 million (USD 40 million, EUR 31 million) to a total of NOK 1 billion (USD 157 million, EUR 122 million) compared to the same period last year. Turkey and Romania were the biggest markets for mackerel in August.

The value of exports of Norwegian seafood to Russia in August fell by NOK 444 million (USD 70 million, EUR 54 million), or 82 percent, compared to last August. Salmon exports fell 81 percent, trout exports 84 percent, herring exports 77 percent, mackerel exports 85 percent, haddock exports by 43 percent, Greenland halibut exports by 81 percent and blue mussel exports by 56 percent.

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