Wednesday, 3 October 2012

Weekly Seafood Update: Norwegian Farmed Salmon Exports, week 39 2012

Statistics Norway reported an export of 19,323 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 39, 2012. On a rolling average four week basis volume in tonnes exported were up 15.5% (2,475 tonnes) on the same period last year.

The weighted average price per kilo for the week was NOK 24.23 and was down 0.4% YoY on a rolling average four week basis.

The value of exports for the week was NOK 468.147 million, an increase of 14.8% (NOK 63.121 million) on last year on a rolling average four week basis.

Total tonnes exported continue to increase on last year. Following three weeks in a row with an increase in price on last year on a rolling average four week basis, prices for the week fell on last year as it dropped a full 7.5% on the previous week. The total value of exports continued to increase on last year as the increase in volume more than offset the drop in price. The value of exports increased YoY for the 18th week in a row (on a rolling four week basis).

For a Year to Date update on Norwegian Salmon exports (as of week 37), please go here.

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