For the second year in a row Norway seafood exports have set new records, with NOK 68.8bn worth exported in 2014 - up 12% or NOK 7.3bn more than in 2013.
Norway’s seafood exports to the EU - the main market for the Norwegian seafood industry - increased by 16% in 2014 to reach a total of NOK 43bn. In 2014, 62% of total Norwegian seafood exports were to EU countries.
Terje Martinussen, chief executive, Norwegian Seafood, said: “Norwegian seafood has never enjoyed a stronger position in the world market. Despite the collapse of the Russian export market due to sanctions this year, the Norwegian seafood industry has shown it can adapt to meet the needs of new markets.”
The result has been record export figures for salmon, cod and mackerel. Mr Martinussen said that the main reason for Norway doing so well in 2014 is largely that Norwegian salmon remains robust and is able to defend its price level in the market.
Norway exported salmon and trout for NOK 46.2bn in 2014. The average price achieved for fresh whole salmon was NOK 41.06 per kg, a gain of 3.4% on 2013 prices.
Meanwhile, Norway exported codfish worth NOK 12bn in 2014, up by 20%; its volume of Norwegian exports of groundfish was up 3% on 2013; and exported clipfish was worth NOK 3.7 billion, up 19% on 2013 setting a new record for clipfish exports.
Mackerel exports totalled NOK 4.1bn in 2014, an increase of NOK 1.2bn, or 43% on 2013.
In 2014, Norway exported seafood to approximately 143 different countries. Of these, Poland was the main export market - seafood exports to Poland increased by 12% in 2014.
France was the second largest market for Norwegian seafood in 2014, with exports of NOK 5.7bn and the UK was Norway’s biggest growth market in 2014 with an increase of NOK 1.2bn or 42% up on the year before.
