Thursday 14 November 2013

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).