Norwegian seafood export registers solid results in the first quarter of 2021

Seafood - fishPhoto: Mariam Butt / NTB

In the first three months of the year, sales of Norwegian seafood abroad amounted to NOK 27.7 billion. That is a decrease in value of 3% from last year.

Nevertheless, it is the second-best result in history in the first quarter, figures from the Norwegian Seafood Council show.

For March alone, Norway exported seafood worth NOK 10.9 billion. That is an increase in value of 13.5% compared with March last year.

“Norwegian seafood exports have had a solid start in 2021. This is primarily due to the fact that we have had a strong increase in export value in March, and especially for salmon.

“Thanks to a record high volume, salmon exports in March are the highest recorded in a single month,” CEO Renate Larsen of the Norwegian Seafood Council stated.

Salmon exports amounted to NOK 18 billion

In total, Norway exported 297,200 tonnes of salmon for NOK 18 billion in the first quarter of 2021 and 108,200 tonnes of salmon for NOK 7.2 billion in March alone.

“Despite the corona pandemic continuing to affect the seafood markets, it is gratifying that the export value of Norwegian seafood has never seen a stronger March than this year. Our seafood is sought after all over the world. There is an adaptable industry with good people at all levels behind these numbers,” Minister of Fisheries and Seafood Odd Emil Ingebrigtsen (H) noted.

Decline for cod

At the same time, the Norwegian Seafood Council acknowledges that challenging times persist for parts of the seafood industry.

“This applies in particular to the export of cod products, such as fresh cod and clipfish,” Renate Larsen added.

The value of clipfish exports fell by NOK 162 million compared with the first quarter last year, even though Norway exported 23,000 tonnes worth NOK 996 million – which is a volume increase of 4%.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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