Norway mackerel exports increased to a value of €589m in 2022

Norway mackerel exports increased to a value of €588m in 2022

Norway exported 343,252 tonnes of mackerel to a value of NOK 6.3 billion (€588m/£519m) in 2022

  • The value increased by NOK 402 million (€37.5m/£33m), or 7 percent, compared to 2021
  • The volume fell by 12 percent
  • Japan, China and South Korea were the largest markets for mackerel in 2022

It was a solid export record for mackerel in 2022. The record from the previous year was beaten by over NOK 400 million (€37.5m/£33m), writes the Norwegian Seafood Council.

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“Like herring, the export volume for mackerel also decreased, but record prices were achieved in the markets. These are solid results considering that Norway no longer has access to fish in British waters and has practically taken the entire quota in the Norwegian zone under demanding conditions,” says Jan Eirik Johnsen, responsible for pelagic species at Norway’s Seafood Council.

Asia is by far the most important market for Norwegian mackerel and last year accounted for 65 percent of export value and 62 percent of export volume in 2022. This is an increase from 61 percent in value and from 58 percent in volume in 2021.

“China had the largest increase in value last year, with an increase in export value of NOK 296 million (€27.6m/£24m), or 41 percent, compared to the previous year. The export volume to China ended at 57,629 tonnes, which is 16 percent higher than the previous year,” says Johnsen.

Japan is Norway’s largest and most important mackerel market. Calculations show that around 140,000 tonnes of Norwegian mackerel were exported to Japan in 2022.

“It is at the same level as the previous year. This means that over 40 percent of the mackerel exported from Norway ends up in Japan,” says Jan Eirik Johnsen.

A new price record was set for frozen whole mackerel with an average of NOK 18.05 (€1.69/£1.49) per kilo. The previous record was from 2019 with NOK 17.96 (€1.68/£1.48) per kilo on average.

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Norway exported 343,252 tonnes of mackerel to a value of €588m in 2022

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