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Norwegian mackerel in Japan (Photo: Kaniya)
World market situation for Norwegian pelagic products (mackerel, herring...)
NORWAY
Friday, April 07, 2023, 06:50 (GMT + 9)
Egypt was the biggest export market for herring
- Norway exported 82,100 tonnes of herring worth NOK 1.2 billion in the first quarter.
- The value of herring exports increased by NOK 164 million, or 15 per cent, compared to the first quarter of last year.
- Export volume fell by 8 per cent.
- Egypt, Poland and Germany were the biggest markets for herring exports in the first quarter.
- Egypt continues its strong development and is by far the largest market for herring in the first quarter.
.jpg) “We have previously seen that good volumes of both herring and mackerel have gone to Egypt, but not at such high prices as now. This is despite reports of continued challenges with currency availability, payment and transaction challenges”, says Jan Eirik Johnsen, Manager for Pelagic Species with the Norwegian Seafood Council.
Strong fillet market in Europe
Market visits last year showed that Egypt has state-of-the-art smokehouses where they smoke both herring and mackerel. Herring and mackerel of better quality are now more in demand than before, and the market is increasingly discriminating when it comes to choosing quality products.
 “The fillet market in Europe was also strong in the first quarter, and we see a nice increase in the important markets of Germany and Poland, not only in value, but also in volume. In Germany, we see that the consumption of herring in February this year increased by 12 per cent compared to February last year”, says Jan Eirik Johnsen.
Herring exports in March
- Norway exported 26,400 tonnes of herring worth NOK 404 million in March.
- The value of herring exports increased by NOK 17 million, or 4 per cent, compared to March last year.
- Export volume fell by 18 per cent.
 A record quarter for mackerel
- Norway exported 71,400 tonnes of mackerel to a value of NOK 1.4 billion in the first quarter.
- The value of mackerel exports increased by NOK 243 million, or 21 per cent, compared to the first quarter of last year.
- Mackerel exports grew by 16 per cent.
- South Korea, Japan and Vietnam were the biggest markets for mackerel in the first quarter.
Mackerel exports in the first quarter are characterized by strong demand and high price levels. Overall, this results in the strongest first quarter for mackerel recorded, with a value of NOK 1.41 billion.
 Export volumes to Asia and Europe are stable, while Africa is increasing as a result of Egypt increasing its imports of Norwegian mackerel.
Increased direct imports to Japan
In Asia, Japan has increased its direct imports from Norway.
“In previous years, much of the mackerel has gone via China for processing. This year, however, exports to China are falling, and we must go back to 2005 to see as high a statistic for direct export from Norway to Japan as we are seeing now in the first quarter”, says Jan Eirik Johnsen, Manager for Pelagic Species with the Norwegian Seafood Council.
 The processing industry needs raw materials
He explains this change as follows:
“This was due both to the fact that the local catches have been weak and that the industry in Japan needs raw material. At the same time, there will be some challenges in China related to ports and production capacity”, says Jan Eirik Johnsen.
Mackerel exports in March
- Norway exported 15,600 tonnes of mackerel to a value of NOK 319 million in March
- The value of mackerel exports increased by NOK 94 million, or 42 per cent, compared to March last year.
- There is a growth in volume of 39 per cent.
Source: Norwegian Seafood Council
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www.seafood.media
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