Strong September Secures Solid Quarter for Norwegian Seafood Exports

According to the UN, food inflation continues to fall in Norway’s most important seafood markets after a long period of strong growth.

Norwegian Seafood Council Reports Decline in Seafood Exports for the First Half of the Year

Demand in the major consumer markets is still characterised by weakened purchasing power.

Strong Seafood Exports in January, Due to High Salmon Prices and a Weak Krone

“2024 seafood exports have got off to a good start. This is primarily due to increased salmon prices. Together with a weakened krone, this has led to the total export value setting a record high for January”, says Christian Chramer, CEO of the Norwegian Seafood Council.

Another Strong Quarter For Norwegian Seafood Exports, but a Decline in Value Measured in Euros

October 6, 2023 Norwegian Seafood Council

”In terms of value, Norwegian seafood exports are still doing well. Salmon, trout, cod and pollack have had a historically strong third quarter behind them. However, it is still the weak Norwegian krone that is the most important driver of value growth”, says Christian Chramer, CEO of the Norwegian Seafood Council.

Norway Exported Seafood Worth NOK 13,1 Billion in May – Saved by the Weak Krone

“As in April, we also see a significant currency effect in May. The weak Norwegian krone alone contributed to an increase in export value of around NOK 1.5 billion last month. Without this currency development, there would have been a decline in export value. The market situation has now become more demanding”, says Christian Chramer, CEO of the Norwegian Seafood Council.