Photo: Stockfile
Norwegian shellfish marketing during May
NORWAY
Monday, June 14, 2021, 03:50 (GMT + 9)
Exciting growth for king crab
- Norway exported 117 tonnes of king crab worth NOK 47 million in May.
- This is an increase in export volume of 151 per cent.
- Export value increased by NOK 31 million, or 193 per cent, compared with May last year.
- The USA, Japan and South Korea were the largest markets for Norwegian king crab in May.
Rise for prawn
- 1,700 tonnes of prawn worth NOK 79 million were exported in May.
- This is an increase in export volume of 122 per cent.
- The value increased by NOK 17 million, or 27 per cent, compared with May last year.
- Iceland, Sweden and Finland were the largest markets for Norwegian prawn in May.
Snow crab record
- 773 tonnes of snow crab worth NOK 132 million were exported in May.
- This corresponds to an increase in volume of 422 per cent.
- The value of snow crab exports increased by NOK 112 million, or 581 per cent, compared with May last year.
- USA, Denmark and Japan were the largest markets for Norwegian king crab in May.
Growth continues for the entire shellfish category in May
"High demand and robust prices lead to the best month ever for snow crab when measured by export value. At the same time, king crab is doing well in both Asia and the USA, at the same time as we see that the European market is opening up more and demanding greater volume. With prawn exports also growing, we can toast May as the highest month ever for shellfish exports, with a total value of just under 280 million kroner", says Ørjan Kjærvik Olsen, Manager for Shellfish with the Norwegian Seafood Council.
Popular in many markets
He points to good fishing, increased quotas for snow crab and market growth as some of the explanations for this explosive growth.
"The snow crab is available in large volumes at high prices in the American grocery trade, while the picture for king crab is a little more differentiated. Approximately half of the value comes from exports to Asia, whilst the rest is split between the United States and Europe. For snow crab, about three-quarters of the quota is now fished, so here we should enjoy these strong numbers while they last", says Ørjan Kjærvik Olsen.
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