Norway Sees Huge Increases in Seafood Exports

Aquaculture, Industry News

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In July 2015, Norway’s seafood exports reached a value of NOK 5.7 billion. This marks a 15% increase from the same month last year.

”Norway has never had a better July for seafood exports. We can point to the high market prices being achieved for some of our most important species. Salmon alone accounted for more than 40 per cent of the July increase, achieving good prices, in Norwegian kroner, even if the volumes remain the same as in July 2014. Together, cod, pollock, haddock and other ground fish represented NOK 147 million of the July totals. It is also important to point out that frozen cod, frozen Greenland halibut and clip fish are the fastest growing segments. Mackerel had a slow start to the year, but strong growth in July now places us on a par with the first seven months of 2014,” said Asbjørn Warvik Rørtveit, Director of Market Insights, with the Norwegian Seafood Council.

The Fish Site breaks down these exports by species here.

salmon

As Aquaculture takes a hit in other countries like Chile, it has been soaring in Norway this year. Many attribute this to the fact that consumers are looking for fish farmed in specific environments (spacious pens and without the use of antibiotics) which explains why Norway has seen such a strong increase in their exports. Norway is known as one of the leading producers of seafood worldwide and it only seems to be continuing from here.

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