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Norwegian exports growth for king crab and fall in value for prawn exports

NORWAY
Thursday, December 03, 2020, 19:00 (GMT + 9)

Growth for king crab

•     Norway exported 194 tonnes of king crab worth NOK 65 million in November.
•     There is an increase in volume of 114 percent.
•     Export value increased by NOK 35 million, or 118 per cent, compared with November last year.
•     The USA, France and South Korea were the largest markets for Norwegian king crab in November.

“The positive development in export value continues for both frozen and live king crab. The increase is driven by a growth in demand for frozen king crab in Europe and the USA and for live king crab in Asia”, says manager for shellfish in the Norwegian Seafood Council, Josefine Voraa.

Positive development in USA

Norwegian exports of frozen king crab and snow crab to the United States are doing particularly well.

In November, the USA was the largest growth market for king crab, with 50 tonnes worth NOK 21 million. This is an increase of 24 tonnes and NOK 13 million compared with November last year.

Exports of snow crab have also had solid growth, with an increase of 23 tonnes and NOK 7.4 million.

«The most important reason is that we see a craving in the market after the quotas for king crab in Alaska became very low this autumn. The USA has therefore had to import more to cover domestic needs, says the Norwegian Seafood Council's seafood envoy to the USA, Anne-Kristine Øen.

•     So far this year, 1,900 tonnes of king crab have been exported for NOK 605 million.
•     Volume is unchanged, while the value increased by NOK 21 million, or 4 per cent.

Fall in value for prawn exports

•     998 tonnes of prawn worth NOK 72 million were exported in November.
•     There is a reduction in volume of 8 percent.
•     Export value fell by NOK 19 million, or 21 per cent, compared with November last year.
•     Sweden, Denmark and Finland were the largest markets for Norwegian prawn in November.

«After two very strong export months for Norwegian prawn to Sweden, we see a connection between a decline in exports in November and stricter restrictions and a decline in the restaurant market. The UK continues to be a challenging market for Norwegian prawn exports at the same time as we see an increase in markets such as Denmark and the Netherlands, says Josefine Voraa, Manager for Pelagic with the Norwegian Seafood Council.

So far this year, 11,000 tonnes of prawn have been exported for NOK 832 million.

There is a reduction in volume of 28 per cent, while the value fell by NOK 191 million, or 19 per cent.

editorial@seafood.media
www.seafood.media

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