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.
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.
