Norway salmon exports at all time high

EXPORTS of Norwegian salmon hit a monthly all time high in October, the latest figures released today show.
The country’s aquaculture companies last month sold 104,000 tonnes of salmon worth 6.5 billion kroners (almost £600 million)
This represents a volume increase of eight per cent and a value increase of NOK 827 million or 15 per cent on October last year.
Norway is now well on course to sell more than a million tonnes of salmon this year. To date, salmon sales for 2018 total 862,000 tonnes, worth NOK 55.8 billion, up by seven per cent in volume and five per cent in value.
The average price for whole fresh salmon in October was NOK 58.39 per kilo against NOK 54.50 a year ago.
Seafood analyst Paul T. Aandahl said there were a number of reasons why exports hit a record last month.
Sales in September were somewhat weak, but they were now moving up sharply, with two countries, Poland and the Netherlands, recording volume growth of 43 per cent and 29 per cent respectively.
‘This gives an indication of a positive consumer trend in other markets, such as Germany,’ he added.
Exports of farmed trout also picked up last month, with sales totalling 4,700 tonnes, worth NOK 293 million, a volume increase of 24 per cent and a value rise of 21 per cent.
Overall, Norwegian seafood exports, including white fish, shellfish and pelagics, during October totalled 251,000 tonnes, worth NOK 9.9 billion (£910million), a value rise of 10 per cent. However, volumes declined by 12 per cent.