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MSC Maatje herring clean 10 pieces frozen

Market situation for Norwegian herring and mackerel

  (WORLDWIDE, 6/9/2024)

Weak May for herring

  • Norway exported 8,935 tonnes of herring worth NOK 182 million in May
  • The value fell by NOK 10 million, or 5 percent, compared with the same month last year
  • Volume fell by 24 per cent
  • Lithuania, Germany, and Latvia were the largest markets for herring in May

May is the start of the North Sea herring fishery, and this year it started in week 21, compared to week 18 last year.

"Despite a great deal of effort, the fishing has been weak, and with a lot of carrion in the fish, the quality has not been good enough for consumption. That's why most of it has been used for fishmeal and oil - and not for export," says Jan Eirik Johnsen, Head of Pelagic Species with the Norwegian Seafood Council.

No matjes exports to the Netherlands

May is also the start of the 'matjes season', where the Netherlands is the most important market. However, no matjes herring was exported to the Netherlands in May this year.

“We must go back to 2018 to find the last time that happened," says Johnsen.

Good fillet month

The trend towards fewer exports of whole frozen herring continues, while it was a strong month for exports of fillets.

“A total of 6,600 tonnes of fillet were exported with a value of NOK 140 million, which is an increase of almost 20 percent in volume and 41 percent in value compared with the same period last year," explains Jan Eirik Johnsen.

In May, ICES published its quota recommendation for North Sea herring for 2025. The quota recommendation is 412,000 tonnes, which is a decrease of 22.5 percent compared with this year's quota.

Mackerel exports were characterised by quota cuts

  • Norway exported 6,274 tonnes of mackerel worth NOK 160 million in May
  • The value fell by NOK 63 million, or 28 percent, compared with the same month last year.
  • Volume fell by 36 per cent
  • Vietnam, Japan, and Lithuania were the largest markets for mackerel in May

"May is the low season for mackerel exports, and with reduced quotas and fewer landings from foreign vessels, a decline in exports is to be expected," says Jan Eirik Johnsen, Head of Pelagic Species with the Norwegian Seafood Council.

In the 2023/2024 season (August to date), 312,000 tonnes were landed, compared with 368,000 tonnes in the previous season. This is a reduction of 15 percent.

Important negotiations with the UK

“The most exciting thing happening on the mackerel front is the negotiations between Norway and the UK on, among other things, Norwegian fishermen's ability to fish in British waters. Last year we reached the first post-Brexit agreement with the UK, where Norway exchanged 3.64 percent of its quota (24,635 tonnes) for access to fish 60 percent of the Norwegian quota in UK waters," says Jan Eirik Johnsen.

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Information of the company:
Address: Stortorget 1 - P.O.Box 6176
City: Tromsø
State/ZIP: (N-9291)
Country: Norway
Phone: +47 776 033 33
Fax: +47 776 800 12
E-Mail: [email protected]
Skype: https://www.instagram.com/norges_sjomatrad/
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