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September record for Norwegian seafood

Exports of seafood totalled 3.1 BNOK in September. This is an impressive 500 MNOK more than in the same month last year, and according to figures from Norwegian Seafood Export Council (NSEC), never before has there been registered such a high export value for September.

Exports of seafood totalled 3.1 BNOK in September. This is an impressive 500 MNOK more than in the same month last year, and according to figures from Norwegian Seafood Export Council (NSEC), never before has there been registered such a high export value for September. So far this year, seafood exports total 21.3 BNOK, an increase of 2.1 BNOK compared with the same period last year.

Strong growth in important markets
Exports to the EU increased by 8% to 13.4 BNOK. For France, the increase was 21% to 2.1 BNOK, Great Britain 34% to 1.5 BNOK, and for Poland 47% to 900 MNOK.In Eastern Europe, the strong growth continues to Russia and the Ukraine. Seafood for 2.2 BNOK was exported to Russia, representing an increase of 53% and making Russia the next largest receiver of Norwegian seafood. The Ukraine has now passed the USA on the list of important markets. Seafood exports to the Ukraine totalled 616 MNOK, an increase of more than 50%.

The decline in exports to the USA continues, and the USA has changed positions from being the 12th most important market in September last year to the 15th most important market this year.

Higher prices
The increase in export value is largely the result of increased prices. For the most important species and products, we have had a considerable increase in prices this year. The price for frozen whole mackerel was 10.55 NOK in September 2004, while this September it reached 15.06 NOK. This is the highest export price registered for frozen mackerel. Fresh fish is selling for 4 NOK more than at this time last year.

Exports of fresh fish are increasing
Exports of fresh fish from Norge are increasing and now comprise 44% of the exports so far this year. In comparison, the share was 40% in the same period last year. Salmon clearly accounts for the largest share. There is also a strong growth in exports of fresh cod fillets with an increase of 40% this year. Of frozen products, exports of frozen cod are responsible for the greatest increase.