Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
   


Photo Courtesy from Norwegian Seafood Council

Negative world market situation for Norwegian mackerel and herring

Click on the flag for more information about Norway NORWAY
Tuesday, December 06, 2022, 01:00 (GMT + 9)

Weak November for herring
  • Norway exported 43,884 tonnes of herring worth NOK 577 million in November.
  • The value fell by NOK 98 million, or 15 per cent, compared to November last year.
  • The volume fell by 24 per cent.
  • Poland, Lithuania and Cameroon were the biggest markets for herring in November.
Cameroon had the most significant increase in value this month, with an export value of NOK 56 million, compared to nothing last year. The export volume ended at 6,351 tonnes.

Increased share of seafood as a fish meal and oil ingredient
 
"For herring, November was a good catch month, totalling 162,000 tonnes. This is an increase from the same month last year of 17.5 per cent. The reduction in herring exports is because, historically, a lot of herring has gone into flour and oil. In November, a total of 47,000 tonnes, of which 45,000 tonnes were NVG herring, went to this area of use", says Jan Eirik Johnsen, Manager for Pelagic Species with the Norwegian Seafood Council.
 
The reason lies in the fact that a somewhat saturated consumer market for herring resulted in lower prices in first-hand sales, and that prices for flour and oil have been at a record level.
 
"This is again due to high prices for raw materials from agriculture for use in, among other things, salmon feed and a currency effect on the purchase of flour and oil from South America", says Johnsen.
 
Prices are on the way down
 
The export prices for almost all herring products are above the same period last year, but the prices have passed a peak and have fallen somewhat.
 
<-- Photo: courtesy Norges Sildesalgslag
 
"This applies in particular to the price of round frozen herring. Due to a lack of large herring, sought after in Eastern Europe, round-frozen herring of smaller sizes go to West Africa at lower prices", says Jan Eirik Johnsen.
 
Fall in volume and value for mackerel
  • Norway exported 33,062 tonnes of mackerel to a value of NOK 620 million in November.
  • The value fell by NOK 141 million, or 19 per cent, compared to November last year.
  • The volume fell by 23 per cent.
  • South Korea, Japan and Poland were the biggest markets for mackerel in November.
The average price of exported mackerel in November was NOK 18.76 per kg. This is the highest price in November and the second highest for the season. The highest was NOK 18.86 per kg and dates from December last year.
 
Reduced exports to Africa
 
There has been good demand for Norwegian mackerel in the Asian markets until October, but it levelled off last month.
 
"Price levels and the challenges with access to currency in Egypt, as well as an unfavourable currency development for countries in Central and West Africa, have reduced exports to Africa. The reduced volumes are also because Norwegian exporters now store more mackerel in Norway, and they are shipped more evenly throughout the year", says Jan Eirik Johnsen, Manager for Pelagic Species with the Norwegian Seafood Council.

Source: Norwegian Seafood Council

editorial@seafood.media
www.seafood.media


 Print


Click to know how to advertise in FIS
MORE NEWS
Australia
Mar 28, 21:10 (GMT + 9):
IN BRIEF - At WTO, Australia seeks details on India's fisheries plan
Croatia
Mar 28, 21:00 (GMT + 9):
IN BRIEF - Cromaris business results in 2023
United States
Mar 28, 07:20 (GMT + 9):
AQUA Cultured Foods Partners with Ginkgo Bioworks to Optimize Alt-Seafood Production
United States
Mar 28, 07:00 (GMT + 9):
Seafood Expo Global Announced Finalists of the 2024 Seafood Excellence Global Awards
Norway
Mar 28, 07:00 (GMT + 9):
Borealis and AKVA group launch groundbreaking Polarcirkel™ workboat hull crafted from renewable feedstock-based plastic
Viet Nam
Mar 28, 07:00 (GMT + 9):
China & HK imported 75 million USD of Vietnamese pangasius
Japan
Mar 28, 07:00 (GMT + 9):
The first fly meal-based food in Japan developed by Nichimo
United States
Mar 28, 06:50 (GMT + 9):
Southern Shrimp Alliance Praises Congressional Representatives for Demanding Action on Indian Shrimp
Norway
Mar 28, 06:50 (GMT + 9):
Fish Pool Salmon Price Status Report for week 13
Norway
Mar 28, 06:40 (GMT + 9):
Statistics │ Export by destination │ Atlantic salmon: semi-dress/fillet fresh │ by country │ 2022-23-24
Papua New Guinea
Mar 28, 04:00 (GMT + 9):
IN BRIEF - Thrilling progress in PNG fisheries sector
Norway
Mar 28, 01:00 (GMT + 9):
IN BRIEF - Marine protected areas safeguard more than ecology – they bring economic benefits to fisheries and tourism
South Africa
Mar 28, 01:00 (GMT + 9):
IN BRIEF - Forestry, Fisheries and the Environment on Biodiversity Economy and Investment Indaba
Japan
Mar 28, 01:00 (GMT + 9):
Maruha Nichiro: 'Salmon is the most consumed dish in conveyor belt sushi restaurants for 13 consecutive years'
Argentina
Mar 28, 00:00 (GMT + 9):
Other Media | Ind Pesqueras: Argentina confirms a fine of more than 60,300 euros to Prodesur SA after the 'historic seizure' of almost 139 tons



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Clipfish challenges in Brazil: Port bureaucracy stops millions worth
Brazil More and more clipfish containers are being stopped in Brazilian ports. - Complicated regulations make market access challenging, to say the least, say Norwegian exporters who risk large losses. Bra...
Catches in the Sea of Okhotsk and Bering Sea
Russia Fed. Situational update as of 03/24/2024 Source: Stockfile FIS Sea of Okhotsk (pollock) According to OSM data in the Sea of Okhotsk, pollock catch (industrial and coastal fisheries) as of March 24, 20...
Productive Development of the Fishing Activity
Peru Fishing Sector Bulletin - January 2024 The landing of hydrobiological resources registered a negative interannual variation of 62.7%, as a result of the lower landing of fishing resources for indirec...
NGO Sues UK Government Over International Fishing Quotas
United Kingdom Blue Marine Foundation, a charity dedicated to restoring the ocean to health, has launched legal proceedings over the government’s decision to set fishing opportunities, for more than half UK st...
 

Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2024 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER