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Continued Growth in Exports of Norwegian Cod

The value of Norway’s groundfish exports in July totalled NOK 702 million. This is 9 per cent higher than in July 2012. The numbers published by the Norwegian Seafood Council include clipfish, salted fish and stockfish. The volume of exports was up by 26 per cent or 6,617 tonnes, with Norwegian Cod exports continuing to show steady growth.

“Exports of Norwegian Cod continue to show growth, and July saw a marked increase in exports of frozen whole Norwegian Cod to China,”says Egil Ove Sundheim, director of market information with the Norwegian Seafood Council.

“The strong growth figures for July this year are a consequence of the situation in July 2012 when the Chinese processing industry was hit by a dearth of orders from the EU, which in turn impacted exports of frozen and headed fish from Norway. In July this year, however, exports of frozen whole Norwegian Cod to China have set a new record for exports in a single month.”

Exports of frozen groundfish in July increased in value by NOK 115.5 million to a total of NOK 359 million compared to July 2012. The increase is attributable to exports of frozen whole Norwegian Cod, which increased in volume by 6,955 tonnes and in value by NOK 98 million. The average price fell by 18 per cent to NOK 15.57 per kg. Exports of frozen whole Norwegian cod to China increased in volume by 5,576 tonnes to 6,034 tonnes.

- See more at: TheFishSite