Norway is on of Europe’s largest exporter of frozen cod and clipfish. Photo: https://cod.fromnorway.com/s
Norway exported 216,000 tonnes of seafood for NOK 9.3 billion (approx €89m) in February. This is a six per cent reduction in volume and an increase in value of NOK 1.4 billion (approx €13m), or 17 per cent, compared with February last year.
Norway has exported 8 900 tonnes of fresh cod including cod to a value of NOK 404 million (€30.6m) in February. This is an increase in volume of four per cent, while the value increased by NOK 47 million (€4.5m), or 13 per cent, from February last year.
So far this year, 15,000 tonnes of fresh cod including cod have been exported to a value of NOK 729 million (€69.6m). There is an increase in volume of 13 per cent, while the value increased by NOK 147 million (€14m), or 25 per cent. Of this, 1,800 tonnes are made, which is a 4 percent reduction in February. The value of the scream was NOK 86 million (€8.2m), which is at the same level as last year. Denmark, the Netherlands and Spain are the largest recipients of fresh cod in February.
“Increased export volumes are due to increased catches so far this year, compared to the previous year. As usual, there is considerable volume growth from January to February, which has also led to a fall in prices. Nevertheless, prices are still higher than February last year. The weak krone contributes to this, but there is also price inflation in the euro, which indicates good demand,” says Ingrid K. Pettersen, seafood analyst at the Norwegian Seafood Council.
In February, Norway exported 8,200 tonnes of frozen cod worth NOK 377 million (€35.6m). This is an increase in volume of 16 per cent, while the value increased by NOK 80 million (€7.6m), or 27 per cent. So far this year, 13,300 tonnes of frozen cod have been exported to a value of NOK 611 million (€58m). This is a 21 per cent reduction in volume, while the value fell by NOK 80 million (€7.6m), or 12 per cent. China, the United Kingdom and Lithuania are the largest recipients of frozen cod in February.
“For February we see positive figures for frozen cod in China, as well as redfish and blue halibut. As a result of the current situation, a trend is being reported with more home consumption of frozen seafood products sold through retail and e-commerce. This also applies to Norwegian cod, which is increasingly consumed by Chinese,” says Victoria Braathen, the Seafood Council‘s fisheries envoy to China.