Strong demand drives record prices for salmon

salmon exports seafoodSalmon.Photo: pixabay.com

Norway exported 165,000 tonnes of seafood with a total value of NOK 8.5 billion in May.

 

Volumes were down by 11 per cent, while export values were up by NOK 821 million.So far this year, Norway has exported 1.2 million tonnes of seafood worth a value of NOK 40 billion. Export volumes have increased by 12 per cent, while the total export value has grown by NOK 1.6 billion or 4 per cent.

Norway exported 165,000 tonnes of seafood with a total value of NOK 8.5 billion in May. Volumes were down by 11 per cent, while export values were up by NOK 821 million or 11 per cent compared with May 2017. So far this year, Norway has exported 1.2 million tonnes of seafood worth a value of NOK 40 billion. Export volumes have increased by 12 per cent, while the total export value has grown by NOK 1.6 billion or 4 per cent.

“With an average price of NOK 73.73 per kg of fresh whole salmon, we are seeing the highest monthly average price for salmon during May. The reasons for these high prices are a combination of strong demand and a still weak Norwegian kroner in relation to the euro. Export values for Norwegian salmon to the EU have never been higher in a single month. The export value for salmon to the EU in May ended at NOK 4.6 billion”, says Asbjørn Warvik Rørtveit with the Norwegian Seafood Council.

 

Source: seafood.com / Norway Today

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