Cod salting. (Photo Credit: Per Eide Studio, NSEC)
NORWAY
Monday, September 08, 2014, 00:10 (GMT + 9)
The value of exports of Norwegian codfish in
August was NOK 824 million (USD 132.2 million), an increase of NOK 67
million (USD 10.7 million) , or 9 per cent, compared to last August.
According to figures from the
Norwegian Seafood Council, this was accompanied by a decrease in the exported volume of 4 per cent.
“An increase in the global demand for raw materials for the production
of fillets and clipfish has contributed to pushing the price for cod
upwards,” explains Ove Johansen, Branch Manager for Codfish at the
Norwegian Seafood Council.
The value of exports of frozen fish from Norway in August was NOK 322
million, an increase of NOK 62 million compared to last August. The
price for whole frozen cod was 21 per cent higher on average in August
compared to the same month last year. The greatest growth was in exports
to China, but Great Britain, Poland and Portugal have imported more
whole frozen cod this year to date than during the same period last
year.
The volume of exports of frozen fillets in August totalled NOK 43.2
million, up 12 per cent compared to last August. Exports to Great
Britain, which is the largest market for frozen fillets, were down 3 per
cent in August.
The value of exports of Norwegian clipfish in August was NOK 298
million. This is an increase of NOK 25 million compared to last August.
Exports in August totalled 8,403 tonnes, down 349 tonnes compared to
last August.
The value of exports of clipfish made from Atlantic cod was NOK 128
million, down NOK 17 million from last year. The value of exports of
Norwegian clipfish made from saithe in August was NOK 130 million. This
is an increase of NOK 31 million compared to last August.
The largest single market for clipfish in August was Brazil. Exports of
clipfish to Brazil totalled NOK 96 million, up NOK 28 million from last
August.
The value of exports of salted fish, both whole and fillet, in August
totalled NOK 22 million, an increase of 25 per cent compared to last
August. Measured in volume, exports totalled 690 tonnes, down 50 per
cent. Measured in Norwegian crowns, the price increased by 49 per cent.
Measured in euros, the price increased by 46 per cent. Portugal is the
biggest market for salted fish and bought 67 per cent of all Norwegian
salted fish in August.
The value of exports of Norwegian stockfish in August was NOK 47
million. This is a decrease of 13 per cent compared to last August. The
exported volume dropped from 547 to 504 tonnes, a decrease of 8 per
cent.
The value of exports of of Norwegian cod stockfish from Lofoten in
August was NOK 31.2 million, down 21 per cent from last August. Measured
in volumes, exports of Norwegian cod stockfish from Lofoten were down
16 per cent, to a total of 318 tonnes.
The value of exports of dried fish in August was NOK 19.6 million, down
27 per cent from last August. The average price in August increased by
0.5 per cent per kilo. Nigeria imported NOK 88.5 million of dried fish, a
decrease of 1 per cent.
The value of exports of fresh codfish products from fishing in August was NOK 128 million, down 3 per cent from last August.
Measured in volume, total exports of fresh whole cod in August totalled
1,090 tonnes, down 10 per cent from last August. Measured in Norwegian
crowns, the price increased in August by 13 per cent, or NOK 2.88.
Measured in euros, the increase was 8.6 per cent compared to last
August.
The value of exports of fresh fillet products totalled NOK 24 million in
August, a decrease of NOK 8 million. The price increased by an average
of 23 per cent.
(1 NOK= USD 0.1604)
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