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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. …
Demand in the major consumer markets is still characterised by weakened purchasing power. …
“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. …
”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. …
“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. …
For the first time since April 1989, the USA is the largest market for Norwegian seafood exports. Norway exported NOK 1.15 billion worth of seafood to the USA in January, an increase of 41 per cent since January last year.
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