Wednesday 24 April 2013

Prices Approaching Record Highs: Norwegian Farmed Salmon Exports Weekly (week 16 2013)


Statistics Norway reported an export of 13,747 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 16, 2013. On a rolling average four week basis volume in tonnes exported decreased 18.7% (-2,901 tonnes) on the same period last year.

The weighted average price per kilo for the week of NOK 43.13 was up 42.4% (NOK 12.14) YoY on a rolling average four week basis.

The value of exports for the week was NOK 592.911 million, an increase of 17.0% (NOK 75.075 million) on last year on a rolling average four week basis.

Tonnes exported for the week declined for the ninth week in a row on last year (rolling four week basis). Prices for the week increased for the 27th week in a row on last year (rolling four week basis) and the NOK 43.13 weighted average price for the week was the highest recorded for 105 weeks (since week 15 in 2011 when it was NOK 43.45 - the highest ever recorded). As price growth again was higher than the decline in volume, the total value of exports continued to increase on last year and represented the 47th week in a row with an increase on last year (on a rolling four week basis). 










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