New record for salmon exports
Norway exported 1,035,000 tonnes of salmon, worth NOK 47.7 billion (£3.6 billion), in 2015 – up 3.7 per cent in volume and 9 per cent in value compared to 2014 – marking a new record in terms of value.
"The record year is due mainly to strong growth in demand in the neighbouring markets in the EU and a drafting effect from a weaker Norwegian krone compared with the euro and the US dollar," says Paul T Aandahl, Analyst with the Norwegian Seafood Council.
The export price for fresh whole Norwegian salmon varied between NOK 38.37 per kg in May and NOK 51.26 per kg in December, averaging NOK 42.87 per kg, which is 4.5 per cent higher than in 2014, and the highest export price achieved since 1988.
Approximately NOK 35.2 billion worth of Norwegian salmon was exported to the EU in 2015, up 15 per cent from 2014. Measured in volume, exports amounted to 793,000 tonnes, an increase of 10 per cent.
Approximately 77 per cent of all Norwegian salmon exports went to the EU, up from 72 per cent in 2014 and 68 per cent in 2013.
Measured in volume, the most important salmon markets in 2015 were Poland and France. The largest growth market was the UK, with an increased volume of 14,279 tonnes, or 24 per cent, compared with 2014.
37,657 tonnes, worth NOK 2.5 billion were exported to the United States. This is a growth of 35% in volume and 33 per cent in value compared with 2014.
The value of exports to Eastern Europe was reduced by 64 per cent, to a total of NOK 1.3 billion, largely due to the Russian import embargo and reduced sales to the Ukraine.
Exports to Asia were worth NOK 7.5 billion, up 15 per cent from the previous year. Measured by product weight, exports to Asia have increased by 7 per cent.
