Weekly Price and Exports Surge to All-Time Record Highs: Norwegian Farmed Salmon Exports Weekly (week 49 2013)

Statistics Norway reported an export of 21,997 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 49, 2013. On a rolling average four week basis volume in tonnes exported decreased 3.7% (773 tonnes) on the same period last year.

The weighted average price per kilo for the week of NOK 45.52 was up 47.0% (NOK 13.05) year on year (YoY) on a rolling average four week basis. The NOK 45.52 price for the week was the highest weighted average price (fresh and frozen) ever reported based on weekly data starting in 2000.

The value of exports for the week was NOK 1,001.316 million, an increase of 41.9% (NOK 242.081 million) on last year on a rolling average four week basis. This was the highest weekly value of exports ever recorded since 2000 and for the first time ever exports exceeded NOK 1 billion in a week. 

Following 11 weeks in a row with an increase in tonnes exported on last year (rolling four week basis), volumes have now declined for two consecutive weeks.

Prices for the week increased for the 60th week in a row on last year (rolling four week basis). For comparison purposes, prices increased for 154 consecutive weeks during the week 24 in 2008 to week 20 in 2011.

Due to continued YoY growth in prices, the total value of exports expanded on last year as well and increased for the 80th week in a row on last year (on a rolling four week basis). For comparison purposes, value of exports increased for 141 consecutive weeks during week 39 in 2008 to week 22 in 2011, so the current run in export growth is not a first. 

Value of Exports Remains in Record Territory: Norwegian Farmed Salmon Exports Weekly (week 45 2013)

Statistics Norway reported an export of 18,872 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 45, 2013. On a rolling average four week basis volume in tonnes exported increased 3.4% (635 tonnes) on the same period last year.

The weighted average price per kilo for the week of NOK 38.61 was up 47.4% (NOK 12.51) year on year (YoY) on a rolling average four week basis.

The value of exports for the week was NOK 728.646 million, an increase of 52.4% (NOK 259.219 million) on last year on a rolling average four week basis.

Following 29 weeks in a row with a decline in tonnes exported on last year (rolling four week basis), it has now expanded for nine weeks in a row.

Prices for the week increased for the 56th week in a row on last year (rolling four week basis). 

As both tonnes exported and prices continue to expand, the total value of exports expanded on last year as well and increased for the 76th week in a row on last year (on a rolling four week basis). 

Exports Continue to Grow near Record Territory: Norwegian Farmed Salmon Exports Weekly (week 36 2013)

Statistics Norway reported an export of 17,528 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 36, 2013. On a rolling average four week basis volume in tonnes exported decreased 2.9% (-484 tonnes) on the same period last year.

The weighted average price per kilo for the week of NOK 37.47 was up 42.5% (NOK 12.00) year on year (YoY) on a rolling average four week basis.

The value of exports for the week was NOK 656.785 million, an increase of 37.6% (NOK 177.367 million) on last year on a rolling average four week basis.

Tonnes exported for the week declined for the 29th week in a row on last year (rolling four week basis).

Prices for the week increased for the 47th week in a row on last year (rolling four week basis). 

As price growth remains substantially higher than the decline in volume, the total value of exports continued to increase on last year and increased for the 67th week in a row on last year (on a rolling four week basis). 

The trend in recent weeks is a slowing down of the percentage decline in volume on last year and a slowing down in the growth rate of prices. Growth on last year for the value of exports remains near record territory.

Value of Exports Surges 47.9% on Last Year (4 week average basis): Norwegian Farmed Salmon Exports Weekly (week 30 2013)

Statistics Norway reported an export of 14,058 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 30, 2013. On a rolling average four week basis volume in tonnes exported decreased 9.9% (-1,593 tonnes) on the same period last year.

The weighted average price per kilo for the week of NOK 43.04 was up 64.4% (NOK 17.37) YoY on a rolling average four week basis.

The value of exports for the week was NOK 605.118 million, an increase of 47.9% (NOK 207.192 million) on last year on a rolling average four week basis.

Tonnes exported for the week declined for the 23rd week in a row on last year (rolling four week basis).

Prices for the week increased for the 41st week in a row on last year (rolling four week basis). 

As price growth was substantially higher than the decline in volume, the total value of exports continued to increase on last year and increased for the 61st week in a row on last year (on a rolling four week basis). 

Prices hit New All-Time High: Norwegian Farmed Salmon Exports Weekly (week 27 2013)

Statistics Norway reported an export of 14,573 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 27, 2013. On a rolling average four week basis volume in tonnes exported decreased 18.2% (-3,218 tonnes) on the same period last year.

The weighted average price per kilo for the week of NOK 45.10 was up 55.3% (NOK 15.04) YoY on a rolling average four week basis.

The value of exports for the week was NOK 657.234 million, an increase of 27.0% (NOK 129.608 million) on last year on a rolling average four week basis.

Tonnes exported for the week declined for the 20th week in a row on last year (rolling four week basis).

Prices for the week increased for the 38th week in a row on last year (rolling four week basis). The weighted average price for the week of NOK 45.10 was the highest ever reported for the period covered.

As price growth was substantially higher than the decline in volume, the total value of exports continued to increase on last year and increased for the 58th week in a row on last year (on a rolling four week basis). 

YTD Update Norwegian Farmed Salmon Exports, as of week 24 2013: Tables and Charts

The Trend Continues - Volume Down, Price Up and Value of Exports Up on Last Year: Norwegian Farmed Salmon Exports Weekly (week 24 2013)

Statistics Norway reported an export of 15,488 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 24, 2013. On a rolling average four week basis volume in tonnes exported decreased 12.0% (-2,093 tonnes) on the same period last year.

The weighted average price per kilo for the week of NOK 39.36 was up 48.3% (NOK 13.36) YoY on a rolling average four week basis.

The value of exports for the week was NOK 609.544 million, an increase of 30.6% (NOK 146.783 million) on last year on a rolling average four week basis.

Tonnes exported for the week declined for the 17th week in a row on last year (rolling four week basis).

Prices for the week increased for the 35th week in a row on last year (rolling four week basis).

As price growth was substantially higher than the decline in volume, the total value of exports continued to increase on last year and increased for the 55th week in a row on last year (on a rolling four week basis). 

Value of Exports Climbing to New Highs: YTD Update Norwegian Farmed Salmon Exports, as of week 23 2013

The Norwegian Farmed Exports Report writes on a weekly basis on movements in the tonnes exported, the average price and the value of total exports of Norwegian farmed salmon based on data from Statistics Norway in the Norwegian Farmed Salmon Exports Weekly (see here for the most recent report). Below is an update for the same statistics, but on a Year-to-Date (YTD) basis, as of week 23 for the years 2006 to 2013.

The Norwegian farmed salmon producers has so far this year exported 331,776 tonnes of fresh and frozen salmon, down 6.2% on last year and the second highest volume ever recorded as of YTD week 23.

The weighted average price of NOK 38.68 per kilo so far this year is also the second highest ever reported and was 37.6% higher than last year.

The value of YTD total exports is about NOK 12.821 billion, the highest ever reported as of week 23 in any year, representing a 28.8% increase on last year.

Value of Exports Up 33.4% on Last Year: Norwegian Farmed Salmon Exports Weekly (week 23 2013)

Statistics Norway reported an export of 15,251 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 23, 2013. On a rolling average four week basis volume in tonnes exported decreased 8.4% (-1,384 tonnes) on the same period last year.

The weighted average price per kilo for the week of NOK 40.28 was up 45.4% (NOK 13.13) YoY on a rolling average four week basis.

The value of exports for the week was NOK 614.288 million, an increase of 33.4% (NOK 158.008 million) on last year on a rolling average four week basis.

Tonnes exported for the week declined for the 16th week in a row on last year (rolling four week basis).

Prices for the week increased for the 34th week in a row on last year (rolling four week basis).

As price growth was substantially higher than the decline in volume, the total value of exports continued to increase on last year and represented the 54th week in a row with an increase on last year (on a rolling four week basis).