In 2022, Norway sold almost 3 million tonnes of seafood abroad, for over NOK 150 billion. This is shown by recent figures from the Norwegian Seafood Council. In 2021, slightly more was actually exported, but the price of seafood was considerably higher in 2022. Thus, the export record from 2021 was broken by over NOK 30 billion. Director of Insights at the Norwegian Seafood Council, Tom Jørgen Gangsø, is clear that a higher price level for goods and services is the main reason for the increase in value. – We see that there is sky-high inflation in both Europe and the USA. This means that the price of most everything goes up, including seafood, he says. – But it is also because there is a strong demand for Norwegian seafood products out there. Director of Insights at Norway’s Seafood Council, Tom Jørgen Gangsø, is clear inflation is the main reason for the increased export value. Photo: Jørn Inge Johansen / news In addition, a weak Norwegian krone ensured that those who bought Norwegian seafood may have had greater purchasing power than before. Salmon accounted for the largest part of the export value, and exceeded NOK 100 billion for the first time. In total, more than 1.2 million tonnes of Norwegian salmon were exported abroad. Cod and mackerel followed in the next places, with an export value of just over 12 and 6 billion Norwegian kroner. These countries we sold the most to: Poland: NOK 15.5 billion (+24% from 2021) Denmark: NOK 12.6 billion (+22% from 2021) USA: NOK 11.7 billion (+46% from 2021) France: NOK 10.6 billion (+ 29% from 2021) The Netherlands: NOK 9.4 billion (+34% from 2021) Great Britain: NOK 7.8 billion (+27% from 2021) Spain: NOK 7.3 billion (+21% from 2021) China: NOK 7.3 billion (+45% from 2021) Italy: NOK 6.6 billion (+30% from 2021) Portugal: NOK 4.9 billion (+38% from 2021) Source: Norwegian Seafood Council Great growth in exports to the USA Poland was again the country to which we exported the most seafood, followed by Denmark. But the greatest growth can be found in exports to the United States. The war in Ukraine and the sanctions against Russia have made it more difficult to reach certain markets, because you cannot fly the products over Russian territory. – It probably contributes to a shift towards markets that are more easily accessible, and at the same time shows that the market has the ability to adjust very quickly, says Gangsø. The export volume to the USA ended at 114,510 tonnes. This is an increase in volume of 15 per cent from 2021. This amounted to an export of almost twelve billion kroner, which is an increase in value of 46 per cent compared to 2021. We sold the most of this: Salmon: 105.8 billion kroner (+30 % from 2021) Cod: NOK 12.2 billion (+25% from 2021) Mackerel: NOK 6.3 billion (+7% from 2021) Trout: NOK 5 billion (+24% from 2021) Herring: 3.9 billion kroner (-9% from 2021) Sei: NOK 3.6 billion (+44% from 2021) Source: Norwegian Seafood Council Less dried fish for Italy The Italians have been fond of dried fish from Norway for a number of years, but in 2022 we exported considerably less dried fish to the boot country. In 2022, 2,000 tonnes of dried fish were sold to Italy, which was 19 per cent less than the previous year. During the last 30 years, only in 2020 has less dried fish been exported there, according to Norway’s Seafood Council. But that does not necessarily mean that the Italians have lost their appetite for Norwegian dried fish, but rather it may be because it was in the most expensive tier for them. The average price of whole dried cod fish was NOK 229 per kilo. It is NOK 18 higher than the previous record year, which was in 2019. In total, Norway exported 1.6 million tonnes of seafood from fisheries, and 1.3 million tonnes from aquaculture. But measured in value, aquaculture accounted for 73 percent of total exports. Norway exported 3,514 tonnes of dried fish to a value of NOK 730 million in 2022. But while the Italians bought less, the Americans bought more. Photo: Synnøve Sundby Fallmyr / NRKNorge exported 3,514 tonnes of dried fish to a value of NOK 730 million in 2022. But while the Italians bought less, the Americans bought more. Photo: Synnøve Sundby Fallmyr / news Still a long way up to oil and gas Gangsø in the Norwegian Seafood Council believes the growth in export value for Norwegian seafood will continue in 2023. – I think we can stand here until next year and report a new record, unless we come across some large reefs in the sea on the way, he says. But there is still a long way to go for oil and gas. In 2021, over 800 billion worth of petroleum was exported, according to figures from the Norwegian Petroleum Directorate.
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Norway exported seafood worth 151 billion in 2022 – greatest growth to the USA – news Troms and Finnmark
