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Cod dish. (Photo: Kim Holthe (c) EFF, NSEC)

Groundfish exports skid by 20pc

Click on the flag for more information about Norway NORWAY
Thursday, October 11, 2012, 15:20 (GMT + 9)

The value of Norway’s groundfish exports including clipfish, salted fish and stockfish in September totalled NOK 888 million (EUR 119.9 million). This is NOK 225 million (EUR 30.4 million) or 20 per cent down from September last year, according to the latest figures from the Norwegian Seafood Council (NSC).

The downturn is attributable to a reduction in exports of frozen whole groundfish to China and clipfish to Brazil and Portugal.

In September, exports of frozen whole groundfish fell in value by NOK 90.4 million (EUR 12.2 million) to a total of NOK 161 million (EUR 21.7 million) compared to the same month last year. Exports of frozen whole cod were down in value by NOK 13.5 million (EUR 1.8 million) to a total of NOK 44.1 million (EUR 5.96 million) and exports of frozen whole haddock totalled NOK 57.8 million (EUR 7.8 million), losing NOK 50.1 million (EUR 6.8 million) in value compared to September last year.

China remains the biggest importer of frozen whole groundfish, despite a reduction in the value of exports from NOK 68.4 million (EUR 9.2 million) in September 2011 to NOK 64.3 million (EUR 8.7 million) in September this year.

Exports of frozen fillet products in September increased in value by NOK 6.6 million (EUR 891,210) to a total of NOK 72 million (EUR 9.7 million). Exports of frozen fillets to the UK, the biggest market for these products, were up in value by NOK 3.1 million (EUR 418,599) to a total of NOK 29.1 million (EUR 3.9 million).

Total exports of clipfish products in September were valued at NOK 353.9 million (EUR 47.8 million), down by NOK 103 million (EUR 13.9 million) or 23 per cent compared to September last year. In terms of volume, clipfish exports in September totalled 9,492 tonnes, a decline of 2,154 tonnes compared to September 2011. 

Brazil was the biggest market for clipfish, despite the value of exports declining from NOK 176.5 million (EUR 23.8 million) in September 2011 to NOK 140.6 million (EUR 18.99 million) in September this year. Exports to Portugal were down in value by 8 per cent to NOK 77.5 million (EUR 10.5 million). 

The value of exports of salted fish, both whole and filleted, totalled NOK 37.1 million (EUR 5 million) in September. This is an increase of NOK 900,000 (EUR 121,529) compared to the same month last year.

Exports of stockfish in September were valued at NOK 96.2 million (EUR 12.99 million), down by NOK 16.8 million (EUR 2.3 million) or 15 per cent compared to September last year.

The value of exports of fresh groundfish products from fishery fell in September by NOK 34.4 million (EUR 4.6 million) from the same month last year to a total of NOK 102.4 million (EUR 13.8 million). Exports of fresh whole fish fell by NOK 25.7 million (EUR 3.5 million) to a total of NOK 78.1 million (EUR 10.5 million).

The value of exports of groundfish products from aquaculture totalled NOK 21 million (EUR 2.8 million), down from September last year by NOK 3.3 million (EUR 445,605). Exports of whole halibut from aquaculture were down in value from NOK 6.9 million (EUR 931,720) in September last year to NOK 5 million (EUR 675,159) in September this year. Exports of whole cod from aquaculture fell in value in September by NOK 1.9 million (EUR 256,561) to a total of NOK 11.6 million (EUR 1.6 million).

Related articles:

-
September seafood exports fall by 19 pc
-
2011 a record year for groundfish exports

editorial@fis.com
www.fis.com

Photo Courtesy of FIS Member  Norwegian Seafood Council / Norges sjømatråd (Headquarter)
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