Norway exported 100,000 metric tons (MT) of farmed salmon worth NOK 6 billion (USD 714.3 million, EUR 614.8 million) last month, with the volume 12 percent higher than in August 2017 and the value up 9 percent or NOK 500 million (USD 59.6 million, EUR 51.2 million). These totals provided the best August in the history of Norway’s salmon trade.
According to the Norwegian Seafood Council (NSC), the average price for whole fresh salmon last month was NOK 55.73 (USD 6.64, EUR 5.71) per kg, down from NOK 57.50 (USD 6.85, EUR 5.89) a year previously.
The NSC highlighted that Poland was the largest growth market for Norwegian salmon in August, with an increase in exports of NOK 136 million (USD 16.2 million, EUR 13.9 million) or 19 percent, and that the country was the most important forwarding market in Europe.
“About two-thirds of the salmon to Poland is further processed for exports to other markets, mainly Germany. The main product is smoked salmon, and we are now moving towards a period when the consumption of smoked salmon increases towards Christmas,” said Gitte Hannemann Mollan, NSC’s representative for Germany and Poland.
Overall, Norway exported 672,000 MT of salmon worth NOK 43.8 billion (USD 5.2 billion, EUR 4.5 billion) in the first eight months of this year.
The Scandinavian country also exported 3,700 MT of trout worth NOK 229 million (USD 27.3 million, EUR 23.5 million) last month, with the volume up 6 percent and the value down 10 percent compared with August 2017.
So far this year, 27,800 MT of trout with a value of NOK 1.8 billion (USD 214.3 million, EUR 184.4 million) has been shipped by Norwegian exporters.
