Wednesday, 31 October 2012

Weekly Seafood Update: Norwegian Farmed Salmon Exports, week 43 2012

Statistics Norway reported an export of 18,242 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 43, 2012. On a rolling average four week basis volume in tonnes exported was up 7.0% (1,224 tonnes) on the same period last year.

The weighted average price per kilo for the week was NOK 25.33 and was up 8.4% YoY on a rolling average four week basis.

The value of exports for the week was NOK 462.033 million, an increase of 15.9% (NOK 65.893 million) on last year on a rolling average four week basis.

Total tonnes exported continue to increase on last year, but on a four week average basis it was again the slowest YoY growth since week 27 in 2011. Following three weeks in a row with a decrease in price on last year on a rolling average four week basis, prices for the week increased for the second week in a row. The price increase was the highest since week 19 2011. The total value of exports continued to increase on last year, driven by both an increase in volume and price, and represented the 22th week in a row with an increase on last year (on a rolling four week basis).

For a Year to Date update on Norwegian Salmon exports (as of week 43), please go here.







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