All time record quarter for Norwegian codfish exports

All time record quarter for Norwegian codfish exports Saithe. Photo: wikipedia.org

Norway exported cod, saithe, haddock and other demersal to a combined value of NOK 4 billion in Q1.

This is 15 per cent or NOK 529 million more than during the first quarter of 2015. Volumes increased by 17 per cent and in particular those of fresh and frozen products.
”Despite larger catches in March, we do not see the average price dropping for fresh products, and so for the third consecutive month, cod has set new records”, says Ove Johansen analyst at the Norwegian Seafood Council.
The export value of all fresh groundfish products totalled NOK 1.39 billion, a record for the first quarter. This is an increase of 27 per cent or NOK 296 million compared to the first quarter of 2015. Export volumes increased by 19 per cent compared with Q1 2015.
Norway exported codfish worth NOK 162 million in Q1 2016. This is an increase of 48 per cent or NOK 53 million compared with the same quarter in 2015. Volumes increased by 26 per cent from 3,542 tonnes to 4,469 tonnes during the same period. The average price increased by 17 per cent to reach NOK 36.43 per kg.
Fresh whole cod exports increased by 27 per cent or NOK 152.5 million to reach a new total of NOK 718 million in Q1 2016. By volume, the total exports of codfish increased by 3,215 tonnes to 25,624 tonnes. Fresh whole saithe increased by 3,863 tonnes to 5,514 tonnes, up 234 per cent. Fresh whole haddock increased by 336 tonnes to 5,743 tonnes.
Exports of fresh fillets totalled NOK 215 million, some NOK 29 million or 16 per cent more than during Q1 2015. Exports of fresh cod fillets declined by NOK 2.5 million to NOK 157 million. Exports of fresh haddock fillets increased by NOK 27 million to NOK 50.7 million.

 

Source: seafood.no / Norway Today

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