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Norwegian salmon exports to China rose further last week

Thu 25th January, 2018 2:10pm
OSLO, Jan 25 (Reuters) - Norwegian salmon exports to China 
rose to 557 tonnes last week from 399 tonnes the previous week, 
and from 97 tonnes in the corresponding week last year, data 
from Seafood Norway showed on Thursday. 
    The Chinese volumes remain small however when compared to 
Norway's overall salmon exports, which last week hit 16,531 
tonnes. 
    The industry considers a recovery of salmon exports to the 
Chinese market as important, as output has risen this year and 
prices have fallen sharply. 
    In late 2016, Norway and China began to normalise political 
and trading relations following a diplomatic row over the 2010 
award of the Nobel Peace Prize to a Chinese dissident. 
    Salmon exports to Vietnam fell sharply year-on-year however, 
as the country had previously been seen as a backdoor to China. 
    Combined for China and Vietnam, volumes last week eased to 
683 tonnes from 831 tonnes in same week last year.  
    The European Union is by far the biggest export market for 
Norwegian salmon, buying 77 percent of volumes last week, down 
from 78 percent in the previous week. 
    Norway's average export price last week stood at 55.66 
Norwegian crowns per kilo compared to 72.57 crowns in the same 
week of 2017, when total export volumes amounted to 14,277 
tonnes. 
 
 (Reporting by Ole Petter Skonnord, editing by Terje Solsvik) 
 ((olepetter.skonnord@thomsonreuters.com; 0047 23 31 65 97;)) 
 
Keywords: NORWAY SALMON/CHINA
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