Volume Down, Price Up on Last Year: Norwegian Farmed Salmon Exports Weekly (week 11 2013)

Statistics Norway reported an export of 16,347 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 11, 2013. On a rolling average four week basis volume in tonnes exported decreased 9.5% (-1,556 tonnes) on the same period last year.

The weighted average price per kilo for the week of NOK 37.72 was up 31.0% YoY on a rolling average four week basis.

The value of exports for the week was NOK 616.569 million, an increase of 18.6% (NOK 88.011 million) on last year on a rolling average four week basis.

Tonnes exported for the week declined for the fourth week in a row on last year (rolling four week basis) and the 9.5% decline for the week was the biggest since week 38 back in 2008. Prices for the week increased for the 22nd week in a row on last year. As price growth was higher than the decline in volume, the total value of exports continued to increase on last year and represented the 42nd week in a row with an increase on last year (on a rolling four week basis).