Photo: Norwegian Seafood Council / Seafood from Norway

November: 'historic' month for Norwegian salmon

NORWAY
Tuesday, December 06, 2022, 07:00 (GMT + 9)

Record month for salmon

• Norway exported 125,234 tonnes of salmon to a value of NOK 10.1 billion in November.
• The value of exports increased by NOK 2.2 billion, or 28 per cent, compared to November last year.
• The volume fell by 1 per cent.
• Poland, the USA and France were the biggest markets for salmon in November.

The USA had the most significant increase in value this month, with an export value of NOK 431 million, or 87 per cent, compared to the same month last year.

The export volume to the USA ended at 6,393 tonnes, which is 30 per cent higher than in the same month last year.

"This must be seen in the context of several factors. There is still strong demand growth in the USA after the corona pandemic, while at the same time, there is a reduced supply from several competing nations. A strong US dollar against the euro also contributes positively", says Paul T. Aandahl, Seafood Analyst with the Norwegian Seafood Council.

Value growth for trout

• Norway exported 4,897 tonnes of trout worth NOK 454 million in November.
• The export value increased by NOK 32 million, or 7 per cent, compared to November last year.
• The export volume fell by 25 per cent.
• The USA, Thailand and Lithuania were the biggest markets for trout in November.

Norwegian smoke trout in Lithuania

Lithuania had the largest increase in value in November, with an export value of NOK 50 million, or an increase of 1,886 per cent, compared to the same month last year.

The export volume to Lithuania ended at 622 tonnes, which is 977 per cent higher than in the same month last year.

Source: Norwegian Seafood Council

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