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Pelagic

 
Report Date: Monday, July 29, 2019
 
 
 

 

This report tackles aspects such as prices, markets and Norwegian exports of the species listed below in the index.

1. EUROPE

1.1 Norway

Herring (Clupea harengus)

Prices

In the first half of the year Norway exported 68,804 tonnes of coastal frozen small herring, for a FOB value of EUR 46,828,000, 38% more in volume and 50% more in value than what was exported in the same period of the previous year.

The average FOB price was EUR 680 per tonne, 8% higher than in the same period of 2018.

Table 1: Average price in Norwegian FOB customs, frozen coastal small herring, EUR/kg

Destination

Price EUR/kg

Variation %

Jun/2019
Jun/2018

Japan

1.00

1.01

-1%

Ukraine

0.75

0.64

+18%

Lithuania

0.70

0.63

+11%

Belarus

0.66

0.58

+14%

Nigeria

0.72

0.66

+10%

Average

0.68

0.63

+8%

Source: FIS.com

Table 2: Export prices of frozen Norwegian herring products, as of July 18, 2019

Product

Weight

Price NOK/kg

Average

Variation

Frozen (red)

843

6.74

-16.74

-71.29%

Frozen fillets (green)

1,041

11.47

-0.29

-2.47

Source: FIS.com (Market Prices)

Graph 1: Average prices of Norwegian herring products, frozen and frozen fillets, 2014-2019, in NOK

Source: FIS.com (Market Prices)

Markets

Egypt was the main destination of the product, importing 23,655 tonnes for EUR 23,663,000, 78% more in volume and 76% in value than in the same period 2018.

Table 3: Norwegian exports of frozen coastal small herring, tonnes and thousands of EUR

Destination

Jan-Jun 2019

Jan-Jun 2018

% Variation

Volume exported (tonnes)

Value (thousands EUR

Volume exported (tonnes)

Value Thousands EUR

Volume

Value

Egypt

23,655

23,663

13,318

13,425

+78%

+76%

Lithuania

11,597

8,751

7,644

4,890

+52%

+79%

Nigeria

8,456

5,946

2,565

1,619

+230%

+267%

Ukraine

4,926

3,251

8,334

4,814

-41%

-32%

Belarus

2,330

1,684

3015

1,976

-23%

-15%

Total first 5

50,964

43,296

34,876

26,725

+46%

+62%

Others

17,840

3,532

14,947

4,572

+19%

-23%

Total

68,804

46,828

49,823

31,297

+38%

+50%

Source: FIS.com

On the other hand, North Sea herring exports in the semester total 15,579 tonnes worth EUR 15,679, at an average FOB price of EUR 1.01, 5% less in volume and 1% less in value than in the same period of the last year.

By DGA

www.fis.com


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