Norway

Norwegian salmon increases its value in the EU market

In February, the largest emerging markets were Poland, Denmark and Lithuania but positive trends in consumption were seen in Germany, France and Italy.

Posted on Mar 13 ,08:58

Norwegian salmon increases its value in the EU market

Norwegian seafood sector had its best February ever, according to data released by the Norwegian Seafood Council, and that was due to the increased value of salmon exports once again. 80,000 tonnes of salmon were exported with a value of NOK 5.1 billion (€524 million). This represents an increase of 7% in volume and a value increase of NOK 492 million (€50.5 million) or 11% compared with February 2018. In total, Norway exported 166,000 tonnes of salmon this year worth NOK 10.7 billion (€1 billion), marking an increase of 4% in volume and 11% in value compared to the same period last year.
“The largest emerging markets in February were Poland, Denmark and Lithuania. These are markets where a high proportion of salmon is processed for export to other markets, mainly within the EU. We are seeing positive trends especially in the consumption of smoked salmon in markets such as Germany, France and Italy”, says seafood analyst Paul T. Aandahl.

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