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).
Statistics Norway reported an export of 13,771 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 15, 2013. On a rolling average four week basis volume in tonnes exported decreased 11.7% (-1,843 tonnes) on the same period last year.
The weighted average price per kilo for the week of NOK 42.21 was up 36.8% (NOK 10.48) YoY on a rolling average four week basis.
The value of exports for the week was NOK 581.234 million, an increase of 20.8% (NOK 92.360 million) on last year on a rolling average four week basis.
Tonnes exported for the week declined for the eight week in a row on last year (rolling four week basis). Prices for the week increased for the 26th week in a row on last year (rolling four week basis) and the NOK 42.21 weighted average price for the week was the highest recorded for 100 weeks (since week 19 in 2011 when it was NOK 40.04, prices have not been above NOK 40.00 since until now). 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 46th week in a row with an increase on last year (on a rolling four week basis).
The longer term trends (52 week moving average YoY percentage change) show tonnes exported increasing at a slower rate with the weighted average price and the value of exports increasing at an accelerated pace.
Please note: we reported last week that prices hit the highest level for 99 "months". This should of course have been 99 "weeks" instead of "months" (the report has since been corrected).
Statistics Norway reported an export of 11,519 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 14, 2013. On a rolling average four week basis volume in tonnes exported decreased 9.2% (-1,466 tonnes) on the same period last year.
The weighted average price per kilo for the week of NOK 39.83 was up 33.2% (NOK 9.43) YoY on a rolling average four week basis.
The value of exports for the week was NOK 458.800 million, an increase of 21.0% (NOK 94.584 million) on last year on a rolling average four week basis.
Tonnes exported for the week declined for the seventh week in a row on last year (rolling four week basis). Prices for the week increased for the 25th week in a row on last year (rolling four week basis) and the NOK 39.83 weighted average price for the week was the highest recorded for 99 weeks (since week 19 in 2011 when it was NOK 40.04). Driven by the YoY increases over the past 25 weeks, the longer term trend in price changes (52 week moving average YoY percentage change) is now finally above zero again (see bottom chart). As price growth was higher than the decline in volume, the total value of exports continued to increase on last year and represented the 45th week in a row with an increase on last year (on a rolling four week basis).
Statistics Norway reported an export of 11,343 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 13, 2013. On a rolling average four week basis volume in tonnes exported decreased 12.7% (-2,228 tonnes) on the same period last year.
The weighted average price per kilo for the week of NOK 37.74 was up 33.4% (NOK 9.42) YoY on a rolling average four week basis.
The value of exports for the week was NOK 429.237 million, an increase of 16.4% (NOK 80.965 million) on last year on a rolling average four week basis.
Tonnes exported for the week declined for the sixth week in a row on last year (rolling four week basis) and the 12.7% decline for the week was the biggest for more than 11 years (week 8 2002). Prices for the week increased for the 24th week in a row on last year (rolling four week basis), increasing at the fastest pace for seven weeks. As price growth was higher than the decline in volume, the total value of exports continued to increase on last year and represented the 44th week in a row with an increase on last year (on a rolling four week basis).
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).
Statistics Norway reported an export of 14,935 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 10, 2013. On a rolling average four week basis volume in tonnes exported decreased 8.0% (-1,246 tonnes) on the same period last year.
The weighted average price per kilo for the week of NOK 38.85 was up 30.2% YoY on a rolling average four week basis.
The value of exports for the week was NOK 580.218 million, an increase of 19.9% (NOK 89.644 million) on last year on a rolling average four week basis.
Tonnes exported for the week declined for the third week in a row on last year (rolling four week basis). Prices for the week increased for the 21st week in a row on last year with the weighted average price of NOK 38.85 for the week being the highest achieved since week 20 in 2011 (when it also was NOK 38.85). As price growth was higher than the decline in volume, the total value of exports continued to increase on last year and represented the 41st week in a row with an increase on last year (on a rolling four week basis).
Statistics Norway reported an export of 14,189 metric tonnes of fresh/chilled and frozen farmed salmon from Norwegian salmon farmers in week 9, 2013. On a rolling average four week basis volume in tonnes exported decreased 5.2% (-782 tonnes) on the same period last year.
The weighted average price per kilo for the week of NOK 38.68 was up 28.0% YoY on a rolling average four week basis.
The value of exports for the week was NOK 528.044 million, an increase of 21.1% (NOK 90.321 million) on last year on a rolling average four week basis.
Following a period of slowing volume growth, tonnes exported for the week declined for the second week in a row on last year (rolling four week basis). This was only the third time in the previous 94 weeks with negative growth in tonnes exported and the 5.2% decline for the week was the largest since week 11 back in 2009. Prices for the week increased for the 20th week in a row on last year with the weighted average price of NOK 38.68 for the week being the highest achieved since week 20 in 2011 (NOK 38.85). The total value of exports hence also continued to increase on last year, driven by the increase in price, and represented the 40th week in a row with an increase on last year (on a rolling four week basis).
