Au­gust boom in Nor­way salmon ex­ports

Fish Farmer - - European | News -

DE­SPITE an un­prece­dented heatwave when Europe siz­zled dur­ing Au­gust and mar­ket talk of a slump in prices, Nor­we­gian salmon farm­ers have just en­joyed their strong­est month so far this year.

Fig­ures from the Nor­we­gian Seafood Coun­cil show that the coun­try ex­ported 104,000 tonnes of salmon worth 6.2 bil­lion kro­ner (£563 mil­lion) last month, up five per cent in vol­ume and six per cent in value (NOK 341 mil­lion) on Au­gust last year.

Tom-Jør­gen Gangsø, direc­tor of mar­ket insight and mar­ket ac­cess at the seafood coun­cil said: ‘We have never had such a large price dif­fer­ence be­tween (the var­i­ous) mar­kets as in Au­gust this year.

‘While the av­er­age price to the EU was NOK 52.43 (per kg), the price to Asia was NOK 14.19 higher and the price to North Amer­ica was NOK 16.47 higher.

‘A greater de­pre­ci­a­tion of the krone against the dol­lar than against the euro is the ex­pla­na­tion for this.

‘In ad­di­tion, in­creased de­mand from Asia for large salmon, which one can­not cover, may ex­plain some of this dif­fer­ence.’

Vic­to­ria Braa­then, fish­eries en­voy for the Nor­we­gian Seafood Coun­cil in China, said: ‘Driven by in­creased de­mand, we see con­tin­ued very pos­i­tive growth for Nor­we­gian salmon sales to China. More ef­fi­cient trade means that more Nor­we­gian salmon is now be­ing ex­ported to China.

‘It is fresh, whole salmon that dom­i­nates the salmon trade and Chi­nese buy­ers have a pro­nounced pref­er­ence for large salmon.’

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