SEAFOOD INDUSTRY IN NORWAY

Seafood has always been a way of life in Norway. For centuries, Norwegian fishermen have lived in harmony with the sea, with their skills and know-how continuing to evolve with each generation. The passion and knowledge of the fishermen laid the foundation for ocean farming an innovative new industry that would leverage the immense ocean and rugged coastline to develop a sustainable food source.

Today, Norway’s aquaculture industry ranks among the world’s leading programs.

Norway has depended on a combination of strict health regulations, close safety monitoring and continuous work to develop its aquaculture industry.

norwegian salmon.02

Norway’s deep respect for nature and its cultural pride in being the best is what fuels the Norwegian seafood industry’s continued efforts to improve its already strict standards of excellence and safety applied to raising ocean-farmed salmon.

In the first half of 2018 , the report by Norwegian Seafood Council says : “Norway exported 1.4 million tonnes of seafood with a value of NOK 48.1 billion in the first half of 2018”.  In particular the figures are largely driven by salmon exports, and the main reason for the value added by salmon is increased demand from the EU because it is happening a clear increase in consumption of fresh salmon in markets such as France, the UK and Italy.

Talking about numbers, always in the same period , the report by Norwegian Seafood Council explain : “Norway exported 485,000 tonnes of salmon with a value of NOK 32.6 billion and the countries that bought the most Norwegian salmon in the first half were Poland, France and Denmark”.

 

Value of Norwegian salmon and plant exports per month

NORWEGIAN SALMON.01

In June, 86,000 tonnes of salmon were exported with a total value of NOK 5.6 billion, this is an increase of the export value of 6%, compared to June last year.

 

 

Sources :  seafood.no  –  fromnorway.com  –  bellona.noNo

 

DISCLAIMER

This publication must not be regarded as offering a complete explanation of the investment tax, legal, and other type‎ of matters that are contained within this publication.
Authors are not responsible for the results of any actions which are undertaken on the basis of the information which are contained within this publication, not for any error in, or omission from, this publication.
The authors expressly disclaim all and any liability and responsability to any person, entity or corporation who acts or fails to act as a consequence of any reliance upon the whole or any part of the contents of this publication.
Accordingly no person, entity or corporation should act or rely upon any matter or information as contained or implied within this publication without first obtaining advice from an appropriately qualified professional person or firm of advisors, and ensuring that such advice specifically relates to their particular circumstances.