Statistics Norway reported an export of 14,848 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 4, 2013. On a rolling average four week basis volume in tonnes exported increased 5.4%% (742 tonnes) on the same period last year.
The weighted average price per kilo for the week was NOK 36.12 and was up 33.1% YoY on a rolling average four week basis.
The value of exports for the week was NOK 536.369 million, an increase of 40.3% (NOK 142.206 million) on last year on a rolling average four week basis.
Tonnes exported increased again on last year following a drop in the previous week. Prices for the week increased for the 15th week in a row on last year with the YoY percentage increase (rolling four week average) for the week being the highest recorded for 103 weeks (since week 5 in 2011). The total value of exports continued to increase on last year, driven mostly by the increase in price, and represented the 35th week in a row with an increase on last year (on a rolling four week basis). The YoY percentage increase in the value of exports (rolling four week average) increased at the fastest pace since week 2 2011. The short term trend again shows an increase in both volume and price, with price continuing to surge.
On a 52 week moving average basis, volume continues to increase although at a slower pace. Price is down on the same basis, but has steadily improved since week 2 in 2012 and is approaching positive growth territory.
For the final Year to Date update for 2012 of Norwegian Farmed Salmon exports (as of week 52), please go here.
The weighted average price per kilo for the week was NOK 36.12 and was up 33.1% YoY on a rolling average four week basis.
The value of exports for the week was NOK 536.369 million, an increase of 40.3% (NOK 142.206 million) on last year on a rolling average four week basis.
Tonnes exported increased again on last year following a drop in the previous week. Prices for the week increased for the 15th week in a row on last year with the YoY percentage increase (rolling four week average) for the week being the highest recorded for 103 weeks (since week 5 in 2011). The total value of exports continued to increase on last year, driven mostly by the increase in price, and represented the 35th week in a row with an increase on last year (on a rolling four week basis). The YoY percentage increase in the value of exports (rolling four week average) increased at the fastest pace since week 2 2011. The short term trend again shows an increase in both volume and price, with price continuing to surge.
On a 52 week moving average basis, volume continues to increase although at a slower pace. Price is down on the same basis, but has steadily improved since week 2 in 2012 and is approaching positive growth territory.
For the final Year to Date update for 2012 of Norwegian Farmed Salmon exports (as of week 52), please go here.
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