Norwegian salmon exports stabilising

NORWEGIAN salmon exports are showing signs of stabilising almost a year after the Russian trade ban, which has had a serious impact on sales.

Farmed salmon export figures for May totalled 3.5 billion Norwegian kroners (NOK), the same figure for May 2014, before the West’s trade row with Russia erupted.

Bjørn-Erik Stabell, marketing manager for salmon at the Norwegian Seafood Council, said: ‘The salmon market has developed broadly as expected following the exclusion of Norwegian salmon from the Russian market.

‘Exports to Eastern Europe have returned, increasing exports to core markets within the EU.

‘Particularly pleasing is the positive development of the largest export market, France. This is a market that has seen a negative trend in recent years, but that trend has now reversed.’