Norwegian fish exports hit November high

NORWAY exported 276,000 tonnes of seafood worth 9.9 billion kroners (£914 million) during November, figures released today show.
While the volume fell by eight per cent, revenues from the sales rose by 11 per cent or NOK 990 million, reflecting the rising price of fish, particularly cod and salmon.
The country is now on course to hit the NOK 100 billion target or a figure close to it by the end of this year.
Salmon exports last month totalled 102,000 tonnes and were worth NOK 6.2 billion (£572 million). Volumes are at the same level as November last year, but the value rose by 10 per cent or NOK 541 million. So far this year, Norway has sold 962,000 tonnes of salmon worth NOK 62 billion.
This represents a volume increase of six per cent, while the value was up by five per cent or three billion kroners compared to last year.
The average price for whole fresh salmon in November was NOK 56.24 per kilo against NOK 50.49 in November 2017.
The EU is still Norway’s main customer for salmon, buying at least 78,000 tonnes last month, with Poland and France the largest markets.
The Norwegian Seafood Council said demand from EU countries was continuing to rise, with the Netherlands emerging as another strong destination.
Exports of farmed trout showed little movement last month. Sales totalled 5,300 tonnes and were worth NOK 322 million, with the value broadly the same as a year ago.
The volume fell by two per cent. However, volumes for the year so far are up by 18 per cent.

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