Norwegian seafood industry

Norwegian seafood exports was in 2011 at 53 billion NOK. It was exported 2.3 million tonnes of seafood, which is a decrease of 339 thousand tons compared with 2010, according to figures from the Norwegian Sjømatråd. Historical - 2011 was a historic year for the traditional fishing industry with an export value of 22 billion. This is an increase of 1.7 billion NOK. Never before has it been exported seafood from this part of the industry, says managing director Terje E. Martinussen Norway Sjømatråd. - The aquaculture industry exported seafood for 31 billion, a decline of 2.3 billion NOK compared with 2010. The decline is due to a fall in the second half of 2011. Net income is still high in historical context, and surpassed only by the record year 2010. - In the light of the international competition, Norwegian seafood industry as a whole is, well pleased with seafood exports for 2011. Decrease in the EU Exports to the EU was of 30.5 billion NOK, a decline of 366 million. EU seafood industry's main market area and constitute 57.5 percent of total exports. Exports to Russia were up by 5.2 billion NOK. This places Russia's most important market in 2011, while France retains a clear second place with an export value of 5.1 billion NOK. Japan is the market that increased the most in 2011. The growth was of 404 million NOK, or 16 percent. USA had the largest decline in export value and export to the United States totaled 1.7 billion, a decrease of 1.04 billion NOK. Aquaculture is still the greatest As a result of a sharp decline in salmon prices midway in 2011 was Norwegian exports of seafood from aquaculture reduced by 2.3 billion NOK to 31 billion NOK. Aquaculture is thus 58.5 per cent of total seafood exports in 2011. The export of salmon to a value of 29.2 billion NOK, while exports of trout amounted to 1.4 billion NOK. Export to other species from aquaculture is 400 million NOK. - After a period of extremely high salmon prices last half of 2010 and first half of 2011 has now salmon prices stabilized at the same level as the years before 2010. - This makes the fish more competitive and we now see that salmon consumption increases in several key markets, says Terje E. Martinussen. Record year for fisheries Based in one of the best management regimes in world exports of the traditional Norwegian fisheries sector for a record 22 billion NOK. This is an increase of 1.7 billion NOK compared with 2010. Species haddock, pollock, herring and mackerel can write a record for 2011. Export Value (All values in NOK) • Exports of cod increased by 431 million to 6.1 billion. • Exports of herring increased by 500 million to 4.2 billion. • Exports of mackerel increased by NOK 487 million to 3.5 billion. • Exports of saithe increased by 59 million to 2.2 billion. • Exports of dried fish for cod increased by 135 million to 2.1 billion. • Exports of haddock increased by 206 million to 1.5 billion. • Exports of dried fish from saithe increased by 58 million to $ 1.3 billion. • Exports of salted cod increased by 110 million to 891 million. • Exports of whole dried fish increased by 33 million to 644 million. Source: www.matindustrien.no - January 4, 2012