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5571  Strong US pork exports to Mexico and Dominican Republic  Pork exports to Mexico continued to shine in May, as the largest destination for U.S. pork builds further on last year’s record performance. May exports totaled 79,849 mt, up 12% from a year ago, while value climbed 13% to $171.2 million. Through May, exports to Mexico increased 22% to 396,934 mt, valued at $715.1 million (up 12%). To combat inflation, Mexico recently suspended import duties on pork muscle cuts for one year. While this move could attract more product from the European Union, the U.S. industry’s other main competitors – Canadian and Chilean pork – already had duty-free access under existing trade agreements.  <div dir="ltr">"On the pork side, exports are still trailing the enormous totals from the first half of last year, but we&rsquo;re seeing upward momentum in several markets,"&nbsp;&nbsp;said USMEF President and CEO Dan Halstrom.&nbsp;"Shipments to Mexico are on a record pace and demand is strong across most of the Western Hemisphere. China&rsquo;s hog prices have increased about 40% since mid-June, which supports our forecast for some rebound in China&rsquo;s demand for imported pork toward the end of the year. Even when China pulls larger volumes from other suppliers, this has a positive impact for U.S. pork in a number of international markets."&nbsp;Pork exports to the Dominican Republic set a new record in April (8,966 mt) and nearly matched that total in May, increasing 126% from a year ago to 8,518 mt. Export value was also just short of the April record, increasing 110% to $21.2 million. Through May, exports to the DR increased 40% to 36,110 mt, with value climbing 42% to $88.6 million. With shipments also trending higher to the Bahamas and the Leeward-Winward Islands, exports to the Caribbean increased 33% in volume (43,058 mt) and 38% in value ($113 million).</div> <div dir="ltr"> <p>Following a record year in 2021, pork exports to Colombia started this year slowly but increased sharply in the second quarter. After a strong April, exports reached 9,710 mt in May (up 17% from a year ago), valued at $21.9 million (up 10%). Through May, exports to Colombia remained 1% below last year&rsquo;s record pace in volume (40,693 mt) and 2% lower in value ($92.1 million). Although a large percentage of U.S. pork exported to Colombia is for further processing, the U.S. industry has made significant inroads in Colombia&rsquo;s retail and foodservice sectors.</p> <p>Other January-May results for U.S. pork exports include:</p> <ul> <li>Pork export value to South Korea has trended higher this year, driven in part by strong retail demand for convenience-based items and chilled pork cuts. January-May export volume to Korea fell 6% 75,988 mt, but export value still climbed 8% to $267.6 million. Korea&rsquo;s imports of chilled U.S. pork were up 5% in volume (3,877 mt) and climbed 26% in value to $27.56 million. Competition in this market will further intensify in the second half of the year, as the Korean government recently announced a 70,000 mt, duty-free TRQ for imported pork. With imports from the U.S., European Union and Chile already entering at zero duty under free trade agreements, the main beneficiaries are expected to be Canadian, Mexican and Brazilian pork. Canada is the United States&rsquo; primary competitor in Korea&rsquo;s chilled pork market.</li> <li>China is the dominant destination for U.S. pork variety meat, and exports showed an encouraging uptick in May. While still below last year, pork variety meat exports to China reached 24,159 mt in May, the largest since October, valued at $67.3 million (the highest since July). Through May, pork variety meat exports to China were down 21% from a year ago to 107,427 mt, with value falling 8% to $304.1 million. This is due in part to China&rsquo;s COVID testing and tracing restrictions, which have hurt importers&rsquo; ability to profitably utilize imported pork variety meat. Through May, total pork and pork variety meat exports to the China/Hong Kong region were down significantly from a year ago in both volume (396,934 mt, down 56%) and value ($480.2 million, down 50%), as China&rsquo;s overall imports trended toward 2019 levels.</li> <li>Following a strong April, pork exports to Japan took a step back in May, with volume down 12% from a year ago to 32,223 mt and value falling 14% to $132.3 million. Through May, exports to Japan were 9% below last year at 158,239 mt, valued at $667.3 million (down 8%). Despite logistical challenges, Japan&rsquo;s January-May imports of U.S. chilled pork increased slightly from a year ago to 87,279 mt, while chilled imports from Canada fell 10% to 78,351 mt.</li> <li>While Central America&rsquo;s demand for U.S. pork remains relatively strong, January-May exports trailed last year&rsquo;s record pace by 13% in volume (50,295 mt) and 10% in value ($134.4 million). Exports trended higher to Honduras, the top market in the region, as well as to Nicaragua.</li> <li>Following a down year in 2021 and a slow start this year, pork exports to Australia showed signs of a rebound in May, totaling 4,686 mt valued at $17.1 million. While still lower year-over-year, this was the largest monthly volume and value in 11 months. Prior to recent increases in shipping costs and other transportation obstacles, Australia was a reliable destination for boneless U.S. hams and loins for further processing.</li> <li>May pork export value equated to $65.27 per head slaughtered, down 23% from a year ago but the highest monthly average since July 2021. The January-May average was $57.38 per head, down 14%. Exports accounted for 28.6% of total May pork production and 25.2% for muscle cuts. While lower than a year ago (down from 32% and 28.6%, respectively) these were the highest monthly ratios since July 2021. For January through May, exports accounted for 26.3% of total pork production and 23.4% for muscle cuts, down from 31.1% and 27.8%, respectively, in 2021.</li> </ul> </div>  1    Industry adrian.lazar@industriacarnii.ro 2022-07-13 04:35:32  2025-07-14 00:37:45  Details Edit Delete
75  Strong US pork and beef exports confirmed by June results for first half of 2017  The US Meat Export Federation (USMEF) recently announced that the significant increase in pork and beef exports has been confirmed by the June results. Furthermore, exports also had higher values on a per-head-slaughtered basis and for a steady-to-higher percentage of total production, according to statistics released by USDA and compiled by the USMEF.  <p>&nbsp;</p> <p>US beef exports saw an increase of 11% in June from a year ago to 109,554 metric tons (mt), and export value increased to 602.5 million dollars, up 10%. First-half export volume increased by 12% to 606,876 mt, while value also grew 15% to 3.35 billion dollars compared to the first half of last year.</p> <p>In June, beef exports represented 13% out of total beef production and 10% for muscle cuts only (each about even with a year ago). For the first six months of 2017, the ratios were the same, which was also steady with the similar period of 2016. USMEF added that "Export value per head of fed slaughter averaged $264.51 in June, up 6 percent from a year ago. Through June, per-head export value was up 8 percent to $269.21."</p> <p>In June, pork exports were up 6% from a year ago, reaching 200,229 metric tons (mt) and export value has increased 4% to 527.1 million dollars. Regarding the first half of 2017, the largest June volume on record resulted in an increase of the first-half total to 1.25 million mt valued at 3.21 billion dollars (up 13% and 16%, respectively).</p> <p>Out of the whole pork production in June, exports increased with more than 1% from the previous year and represented 27% and 22% for muscle cuts only (steady with last year). According to USMEF, both ratios saw a significant increase from a year ago, as production stood at a record pace."The percentage of total production jumped from 25.3 percent to 27.8 percent, and for muscle cuts the increase was from 21.4 percent to 23 percent. Export value per head slaughtered in June was up 1 percent to $53.41 and the first-half average increased 12 percent to $54.09."</p> <p>&ldquo;In this time of large red meat production, the upward trend in per-head export value and in the percentage of production exported is especially critical to the industry,&rdquo; said USMEF President and CEO Philip Seng. &ldquo;These metrics confirm that we&rsquo;re not simply exporting more red meat because more is available &ndash; those exports are also generating excellent returns. It was also gratifying to see that the U.S. trade deficit narrowed in June due to an expansion of exports, knowing that the red meat industry made another solid contribution toward that effort.&rdquo;</p>  1    Industry adrian.lazar@industriacarnii.ro 2017-08-11 15:21:31  2025-07-12 06:15:43  Details Edit Delete
586  Strong US beef exports in 2017  US beef export value took another step toward a likely full-year value record, reaching 111,915 mt in November, down 3% from the large volume of November 2016 but still the second-highest monthly total of the year, according to export results released by USDA and compiled by the U.S. Meat Export Federation (USMEF).  <p>&nbsp;</p> <p>Furthermore, the beef export value was also the second-largest of 2017 at $666.4 million, up 8% year-over-year. January-November export volume totaled 1.15 million mt, up 7%, while export value climbed to $6.6 billion &ndash; up 15% from a year ago and slightly above the record pace established in 2014.</p> <p>Beef exports accounted for 13.1% of total production in November, the highest since July but down from 14.9% in November 2016. For muscle cuts only, the percentage exported was 10.9% &ndash; down from 11.7 percent in 2016. For January through November, beef exports accounted for 12.8 percent of total production (down from 13.5% in 2016) and 10.3% for muscle cuts (steady with 2016).</p> <p>November beef export value averaged $306.63 per head of fed slaughter, up 4% from a year ago and the highest in nearly three years. January-November export value averaged $282.34 per head, up 9%.</p> <p><strong>Japan and Hong Kong drive the growth of US beef exports</strong></p> <p>Japan continued to be the pacesetter for U.S. beef exports in November, with volume increasing 5% year-over-year to 24,819 mt and value up 6% to $159.2 million. This pushed Japan&rsquo;s 11-month totals to 285,336 mt (up 20%) valued at $1.75 billion (up 27 percent and a new post-BSE record). Chilled beef exports reached 137,707 mt through November, up 35%, valued at a record-high $1.02 billion, up 39%.</p> <p>Approaching Chinese New Year, beef exports to Hong Kong gained momentum in October and climbed again in November, with volume up 20 percent from a year ago to 16,106 mt (the largest since December 2014) and value soaring 43% to $119 million. Through November, exports to Hong Kong climbed 13% in volume (113,440 mt) and 26% in value ($765 million).</p> <p>November exports to China were 655 mt, the largest since the mid-June market opening, valued at $5.7 million. Through November, exports reached 2,225 mt valued at $22.8 million.</p> <p>&ldquo;U.S. beef has only really scratched the surface in China, so exports are still relatively small but the value per pound is among the highest in the world,&rdquo; Halstrom said. &ldquo;This makes China an exciting addition to our strong portfolio of Asian markets, where beef exports continue to expand at an impressive rate. 2017 was a tremendous year for U.S. beef in Asia, and the coming year looks very promising as well.&rdquo;</p>  1    Industry 2018-01-11 09:58:21  2025-07-13 07:49:24  Details Edit Delete
7890  Strong turnout for US red meat industry at global food trade show in Europe  SIAL Paris, one of the world’s largest food trade shows, drew an estimated 285,000 professionals from more than 100 countries last week. The U.S. red meat industry was well represented as major exporters were on hand to meet large contingents of potential buyers from Europe, Africa, the Middle East and Asia.  <p style="font-weight: 400;">Europe&rsquo;s interest in U.S. beef was a major topic of discussion during the show, reports USMEF President and CEO Dan Halstrom. Despite supply constraints and overall export levels down from 2023, there was enthusiasm for U.S. beef with some major importers having increased their purchasing levels in recent months.</p> <p style="font-weight: 400;">The foodservice sector is also a source of optimism. Traditionally the primary channel for U.S. beef throughout Europe, foodservice is showing signs of a rebound in several key markets.</p> <p style="font-weight: 400;">For pork, Halstrom says there was a lot of discussion about reduced pork production in the region, especially northern Europe. While reduced EU production mainly leads to more opportunities in markets outside of Europe, British buyers also showed interest in U.S. pork.</p> <p style="font-weight: 400;">"The big headwind we have in the EU at the moment is this threat that looms with the deforestation issue", says Halstrom. Earlier this month USMEF&nbsp;reported&nbsp;that the European Commission had proposed a one-year delay in implementation of the EU Deforestation Regulation (EUDR), to December 30, 2025.</p> <p style="font-weight: 400;">"While at SIAL, we held a meeting with all interested parties, exporters and importers and also the local FAS post. We spent a couple of hours going over this deforestation regulation issue and how the U.S. industry can prepare for it", added Halstrom.</p>  1    Market adrian.lazar@industriacarnii.ro 2024-11-06 00:15:36  2025-07-13 15:49:50  Details Edit Delete
8273  Strong start to the year for red meat exports  New Zealand’s red meat sector saw a strong start to the year, with export values in January increasing 28 per cent year-on-year to $927 million, according to the Meat Industry Association (MIA).  <p style="font-weight: 400;">"The sector experienced solid demand across all major markets, contributing to a significant uplift in export value", says MIA Chief Executive Sirma Karapeeva.</p> <p style="font-weight: 400;">"This reflects both the ongoing recovery in global demand and the ability of New Zealand&rsquo;s red meat sector to adapt to shifting market dynamics.</p> <p style="font-weight: 400;">The US led the way, with exports increasing 64 per cent year-on-year, followed by China (up 10 per cent), the UK (up 58 per cent), and Canada (up 89 per cent).</p> <p style="font-weight: 400;">The US was the largest market for the month, accounting for $277 million in exports, just ahead of China at $276 million. The UK accounted for $60 million, Canada $41 million, and the Netherlands saw a nine per cent increase to $33 million.</p> <p style="font-weight: 400;">&ldquo;The US is a strategically important market for our beef exports and a growing high value market for our lamb exports, says Ms Karapeeva.</p> <p style="font-weight: 400;">"New Zealand is a complementary trading partner, being an important source of lean beef that is mixed with US domestic grain-fed beef to produce burger patties. It is also becoming an important sheepmeat market for high value premium cuts".</p> <p style="font-weight: 400;"><strong>Sheepmeat</strong></p> <p style="font-weight: 400;">Sheepmeat export volumes remained steady at 35,220 tonnes compared to last January. A decline in exports to the EU (down 20 per cent to 4,775 tonnes) and the US (down 24 per cent to 1,692 tonnes) was offset by increased shipments to China (up 7 per cent to 19,436 tonnes), the UK (up 9 per cent to 3,769 tonnes), and Malaysia (up 107 per cent to 1,140 tonnes).</p> <p style="font-weight: 400;">Despite stable volumes, the value of sheepmeat exports rose 22 per cent to $359 million, largely driven by a 44 per cent increase in exports to China ($134 million) and a 53 per cent increase to the UK ($50 million). Canada and Malaysia also saw value growth.</p> <p style="font-weight: 400;">This more than compensated for a slight decline in export value to the EU (down 1 per cent to $80 million) and the US (down 10 per cent to $37 million).</p> <p style="font-weight: 400;"><strong>Beef</strong></p> <p style="font-weight: 400;">Beef exports rose by 6 per cent in volume to 38,788 tonnes and 36 per cent in value to $409 million. While exports to China were down 14 per cent by volume and 4 per cent by value, strong growth in North America helped drive overall gains.</p> <p style="font-weight: 400;">"In the US, beef production remains steady, but demand for imported lean beef has increased due to lower domestic cow production", says Ms Karapeeva.</p> <p style="font-weight: 400;">Beef exports to the US rose 24 per cent in volume to 16,743 tonnes, while value surged 73 per cent to $194 million. Exports to Canada also increased significantly, up 56 per cent in volume (2,499 tonnes) and 121 per cent in value ($28 million).</p> <p style="font-weight: 400;">Results in North Asian markets outside China were mixed. Exports to Japan declined compared to last January, while Taiwan remained steady. However, there was a strong recovery in exports to Korea, up 37 per cent by volume and 66 per cent by value.</p> <p style="font-weight: 400;">Fifth quarter exports increased 22 per cent to $159 million, driven by a sharp rise in tallow exports to the US, which contributed to a 184 per cent increase in overall fifth quarter exports to the market ($47 million).</p> <p style="font-weight: 400;">Tallow was the most valuable fifth quarter export in January at $34 million, followed by casings and tripe ($30 million) and edible offals ($26 million). The US was the largest market for tallow, while most casings and tripe were exported to China. Edible offals were shipped to multiple markets, including the US, China, Japan, and the UK.</p>  1    Market adrian.lazar@industriacarnii.ro 2025-03-14 00:20:40  2025-07-13 23:06:17  Details Edit Delete
6076  Strong start for the Australian sheep market in 2023  For the first time since 2016, mutton prices have dropped below $3/kg carcase weight, currently down 98¢ since the start of the year – a fall of 25%, according to Meat & Livestock Australia.  <p><span lang="DE">In contrast, the Trade Lamb Indicator (TLI) has risen 4% and the heavy lamb indicator is up 4.6% over the same time frame. Light lamb&rsquo;s trajectory is following that of mutton - down 7%.</span></p> <p><span lang="DE">In the first four weeks of 2023, there have been 165,364 ewes offered in Australia&rsquo;s saleyards. This is a 78%, or 72,600, increase compared to the first four weeks of sales in 2022 when 92,731 head were traded.</span></p> <p><span lang="DE">In 2021 and 2022, ewe supply dropped by 33% and 51% respectively as producers retained ewes to rebuild their flocks. With an increase in supply from the start of 2023, mutton prices have fallen and now average under $100/head year at $90.23 &ndash; the lowest since 2016.</span></p> <p><span lang="DE">In the week ending 22 January 2023, mutton slaughter was at 158,000 head. This is a 68% increase, or 64,000 head, in comparison to the same week in 2022. This trend of increased mutton supply is something Meat &amp; Livestock Australia (MLA) expects to continue throughout the year.</span></p> <p><span lang="DE">Since the beginning of 2023, lamb prices have strengthened more than 4% in the trade and heavy categories. This increase has been achieved with the heavy lamb indicator having a throughput of over 50,000 head, which is similar to 2022 levels. Therefore, there is not likely to be an oversupply of lamb this year and prices of lamb will remain stable.</span></p> <p><span lang="DE">There are significant ewe numbers on the ground and lambs available due to improved seasonal conditions. As a result, producers are now being more selective about the animals they are keeping in their flock and sending poor performing stock to market. This is affecting mutton and light lamb prices.</span></p> <p><span lang="DE">Over the last two years producers retained ewes that would have otherwise been culled to boost their breeding ewe numbers, which caused prices to rise. Now those older ewes are hitting the market.</span></p> <p><span lang="DE">Encouragingly, strong demand for lamb is currently keeping lamb prices stable based on current levels of throughput.&nbsp;</span></p> <p><span lang="DE">Looking forward, while forecasts of larger yardings and volumes in the mutton market will continue - and therefore prices decrease, on-farm stock quality will be higher. This will reflect in high quality trade lambs hitting the market later in the year and a more stable market throughout 2023.</span></p>  1    Market adrian.lazar@industriacarnii.ro 2023-01-31 00:31:31  2025-07-14 08:28:08  Details Edit Delete
916  Strong start for January US beef exports  US beef exports were significantly higher in January this year compared to the same month in 2016, totalling 105,486 metric tons (mt), up by 9 percent year-over-year, while export value surged 21 percent to $624.4 million, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).  <p>&nbsp;</p> <p>Exports accounted for 12.4 percent of total beef production in January, up slightly from a year ago. For muscle cuts only, the percentage exported increased from 9.5 percent to 10.1 percent. Beef export value averaged $293.06 per head of fed slaughter, up 14 percent year-over-year.</p> <p>For muscle cuts only, beef exports reached 80,495 mt (up 15 percent) valued at $555.7 million (up 23 percent). Beef variety meat volume fell 5 percent to just under 25,000 mt, but value increased 7 percent to $68.8 million.</p> <p>&ldquo;January export results were solid overall and were especially strong for muscle cuts,&rdquo; said USMEF President and CEO Dan Halstrom. &ldquo;Despite the decline in variety meat volume, export value continued to increase. This underscores the important contribution variety meats deliver for producers and for everyone in the U.S. supply chain.&rdquo;</p> <p>U.S. beef continued to gain momentum in the Japanese market, with January exports increasing 7 percent from a year ago in volume (23,968 mt) and 19 percent in value ($148.6 million). This included a 30 percent increase in chilled beef exports to 12,411 mt, valued at $92.4 million (up 38 percent). Frozen exports declined 13 percent in volume (8,141 mt) but increased slightly in value ($33.1 million). Frozen U.S. beef entering Japan is subject to a 50 percent safeguard tariff, which is scheduled to revert back to 38.5 percent on April 1, the beginning of the new Japanese fiscal year. Benefiting from a bilateral trade agreement with Japan, frozen beef from Australia is subject to a duty of 27.2 percent. This rate will decline to 26.9 percent on April 1.</p>  1    Market 2018-03-09 06:15:37  2025-07-13 08:47:08  Details Edit Delete
7850  Strong September secures solid quarter for Norwegian seafood exports  Norway exported seafood worth NOK 44.1 billion in the third quarter. This is an increase of NOK 2.2 billion, or 5 per cent, compared with the same period last year.  <p style="font-weight: 400;">"Thanks to a historically high export value in September, we have put behind us the best third quarter ever. This time there is virtually no currency effect from a weak Norwegian krone, since we are comparing with the same period last year. High volumes of salmon, trout, mackerel and prawns are driving up the export value", says Christian Chramer, CEO of the Norwegian Seafood Council.</p> <p style="font-weight: 400;"><strong>Aquaculture compensates for quota reductions</strong></p> <p style="font-weight: 400;">So far this year, Norway has exported seafood worth NOK 124.7 billion. This is an increase of NOK 626 million, or 1 per cent, compared with the same period last year.</p> <p style="font-weight: 400;">&ldquo;2024 has been characterised by quota reductions for herring, king crab, mackerel and cod. This is an important and necessary measure to ensure continued sustainable fish stocks, but has naturally resulted in lower export volumes. The fact that the total value of seafood exports nevertheless increased in the third quarter is due to fish from aquaculture compensating for the fall in quotas," explains Chramer.</p> <p style="font-weight: 400;"><strong>A challenging year so far</strong></p> <p style="font-weight: 400;">"Salmon is a product that is still very popular with consumers, but there is no doubt that 2024 has so far been a demanding year for many salmon producers. Competition in the market is fierce, while at the same time there has been galloping cost growth. In addition, higher sea temperatures this summer have led to increased biological challenges related to salmon lice", says Christian Chramer.</p> <p style="font-weight: 400;"><strong>Fall in food inflation and increased purchasing power</strong></p> <p style="font-weight: 400;">According to the UN, food inflation continues to fall in Norway's most important seafood markets after a long period of strong growth.</p> <p style="font-weight: 400;">"This has strengthened the purchasing power of many consumers. For example, Germany, the UK and China have never traded Norwegian seafood for such high values as in the last quarter", explains Chramer.</p> <p style="font-weight: 400;"><strong>Good quarter for trout, mackerel and prawns</strong></p> <p style="font-weight: 400;">The third quarter was the best for trout and prawns. For the first time ever, the export value of trout exceeded NOK 2 billion in a single quarter, while the export value of prawns reached a record high in a single quarter.</p> <p style="font-weight: 400;">"In addition, it has been a particularly good quarter for mackerel, with high prices, strong value growth and good demand in the important Asian markets", says Christian Chramer.</p> <p style="font-weight: 400;">These are the 10 largest destination countries in the&nbsp;third quarter in terms of value:</p> <ol style="font-weight: 400;"> <li>Poland:&nbsp;NOK 5.3 billion (-1 per cent)</li> <li>Denmark:&nbsp;NOK 3.5bn (-1%)</li> <li>USA:&nbsp;NOK 3.2 billion (-2 per cent)</li> <li>The Netherlands:&nbsp;NOK 3.0bn (+9%)</li> <li>United Kingdom:&nbsp;NOK 2.5bn (+24%)</li> <li>China:&nbsp;NOK 2.5 billion (+16 per cent)</li> <li>France:&nbsp;NOK 2.4bn (-10%)</li> <li>Spain:&nbsp;NOK 2.0bn (-7%)</li> <li>Germany:&nbsp;NOK 1.6 billion (+17 per cent)</li> <li>Italy:&nbsp;NOK 1.6bn (-5%)</li> </ol> <p style="font-weight: 400;">These are the 10 largest&nbsp;species in the third quarter in terms of value:</p> <ol style="font-weight: 400;"> <li>Salmon:&nbsp;NOK 31.7bn (+3%)</li> <li>Mackerel:&nbsp;NOK 2.3bn (+68%)</li> <li>Cod:&nbsp;NOK 2.0 billion (-3%)</li> <li>Trout:&nbsp;NOK 2.0bn (+24%)</li> <li>Saithe:&nbsp;NOK 791 million (-11%)</li> <li>Herring:&nbsp;NOK 740 million (-9%)</li> <li>Prawn:&nbsp;NOK 474 million (+54%)</li> <li>Greenland halibut:&nbsp;NOK 379 million (-8%)</li> <li>Haddock:&nbsp;NOK 363 million (+15 per cent)</li> <li>King crab:&nbsp;NOK 288 million (-31%)</li> </ol> <p style="font-weight: 400;"><strong>Seafood exports in the third quarter</strong></p> <ul style="font-weight: 400;"> <li>The largest markets for Norwegian seafood exports in the third quarter were Poland, Denmark and the USA.</li> <li>In total, farmed fish worth NOK 33.9 billion was exported in the third quarter. This accounts for 86 per cent of total seafood exports in this period.</li> <li>Seafood was exported to a total of 135 countries in the third quarter. This is the same number as in the same period last year.</li> </ul> <p style="font-weight: 400;"><strong>Seafood exports in September</strong></p> <ul style="font-weight: 400;"> <li>Export value in September totalled NOK 16.7 billion</li> <li>This is the second highest export value in a single month, only beaten by October last year</li> <li>This is an increase of NOK 894 million, or 6 per cent, from the same month last year.</li> </ul> <p style="font-weight: 400;"><strong>Strong quarter for salmon</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 372,442 tonnes of salmon worth NOK 31.8 billion in the third quarter</li> <li>Salmon accounted for 70 per cent of total export value in the third quarter</li> <li>The value increased by NOK 997 million, or 3 per cent, compared to the third quarter last year</li> <li>This is a growth in volume of 8 per cent</li> <li>Poland, Denmark and the US were the largest markets for salmon in the third quarter</li> </ul> <p style="font-weight: 400;">Germany had the highest value growth in the third quarter, with an increase in export value of NOK 355 million, or 32 per cent, compared with the third quarter last year.</p> <p style="font-weight: 400;">The export volume to Germany ended at 16,150 tonnes, which is 28 per cent higher than the third quarter last year.</p> <p style="font-weight: 400;"><strong>Growth in home consumption in Germany</strong></p> <p style="font-weight: 400;">"Although some of the increased supply of Norwegian salmon to the German market is probably for further processing and export, most of the growth to Germany can be explained by increased domestic consumption," says Seafood Analyst Paul T. Aandahl with the Norwegian Seafood Council.</p> <p style="font-weight: 400;">There is growth in volume for both fresh and frozen natural products and smoked salmon in Germany.</p> <p style="font-weight: 400;">"At the same time, consumer prices are falling compared with the same period last year. This strengthens the competitiveness of salmon compared to other proteins", says Aandahl.</p> <p style="font-weight: 400;"><strong>Exports of salmon in September</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 141,600 tonnes of salmon worth NOK 11.6 billion in September</li> <li>The value increased by NOK 614 million, or 6 per cent, compared with September last year</li> <li>This is a growth in volume of 9 per cent</li> </ul> <p style="font-weight: 400;"><strong>Historical export value for trout</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 25,033 tonnes of trout worth NOK 2 billion in the third quarter.</li> <li>For the first time, trout exports exceed NOK 2 billion in a quarter</li> <li>The value increased by NOK 392 million, or 24 per cent, compared with the third quarter last year</li> <li>This is a growth in volume of 34 per cent</li> <li>Ukraine, Lithuania and the US were the largest markets for trout in the third quarter</li> </ul> <p style="font-weight: 400;">This is a record high export value for trout in a single quarter, NOK 392 million higher than the previous record quarter, which was in the third quarter of 2023.</p> <p style="font-weight: 400;">Lithuania had the highest value growth in the third quarter, with an increase in export value of NOK 189 million, or 264 per cent, compared with the third quarter last year.</p> <p style="font-weight: 400;"><strong>Higher export price for fresh whole trout than for fresh whole salmon</strong></p> <p style="font-weight: 400;">"September is the first month with a higher average price for fresh whole trout than for fresh whole salmon since May 2023. The average price for fresh whole trout was NOK 75.11 per kg, while the average price for fresh whole salmon was NOK 74.04 per kg", says Paul T. Aandahl, Seafood Analyst with the Norwegian Seafood Council.</p> <p style="font-weight: 400;"><strong>Exports of trout in September</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 7,600 tonnes of trout worth NOK 625 million in September</li> <li>The value increased by NOK 80 million, or 15 per cent, compared with September last year</li> <li>This is a growth in volume of 22 per cent</li> </ul> <p style="font-weight: 400;"><strong>Volume decline and value growth for fresh cod</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 6,156 tonnes of fresh cod worth NOK 374 million in the third quarter</li> <li>The value increased by NOK 4 million, or 1 per cent, compared with the third quarter last year</li> <li>Volume fell by 9 per cent</li> <li>Denmark, the Netherlands and Spain were the largest markets for fresh cod in the third quarter</li> </ul> <p style="font-weight: 400;">For fresh wild cod, the export volume fell by 35 per cent to 3,699 tonnes, while the export value fell by 26 per cent to NOK 222 million.</p> <p style="font-weight: 400;">For fresh farmed cod, the export volume increased by 119 per cent to 2,457 tonnes, while the export value increased by 115 per cent to NOK 152 million.</p> <p style="font-weight: 400;"><strong>Largest value growth to the Netherlands</strong></p> <p style="font-weight: 400;">The transit market, the Netherlands, had the highest value growth in the third quarter, with an increase in export value of NOK 70 million, or 148 per cent, compared with the third quarter last year.</p> <p style="font-weight: 400;">&ldquo;The export volume to the Netherlands ended at 1,996 tonnes, which is 163 per cent higher than in the third quarter last year. There was also an increase in exports of farmed cod to the transit markets of Poland and Denmark," says Seafood Analyst Thomas Jakobsen with the Norwegian Seafood Council.</p> <p style="font-weight: 400;"><strong>Historically high share of farmed cod</strong></p> <p style="font-weight: 400;">Farmed cod accounted for 41 per cent of the export value of fresh cod in the third quarter of 2024.</p> <p style="font-weight: 400;">"This share has never been so high in a third quarter before. The previous record was in the third quarter of 2010. At that time, farmed cod accounted for 38 per cent of the total value of fresh cod exports", explains Jakobsen.</p> <p style="font-weight: 400;"><strong>Exports of fresh cod in September</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 1,500 tonnes of fresh cod worth NOK 94 million in September</li> <li>The value increased by NOK 8 million, or 9 per cent, compared with September last year</li> <li>Volume fell by 2 per cent</li> </ul> <p style="font-weight: 400;"><strong>New milestone in September</strong></p> <p style="font-weight: 400;">"In September, farmed cod accounted for 52 per cent of total exports of fresh cod. "This is the first time in recent times that farmed cod has accounted for more than half of the export volume for fresh cod", says Thomas Jakobsen.</p> <p style="font-weight: 400;"><strong>Decline for frozen cod</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 7,026 tonnes of frozen cod worth NOK 490 million in the third quarter</li> <li>The value fell by NOK 102 million, or 17 per cent, compared with the third quarter last year</li> <li>Volume fell by 30 per cent</li> <li>The UK, China and Latvia were the largest markets for frozen cod in the third quarter</li> </ul> <p style="font-weight: 400;">The processing market China had the highest value growth in the third quarter, with an increase in export value of NOK 82 million, or 127 per cent, compared with the third quarter last year.</p> <p style="font-weight: 400;">Exports to China totalled 2,323 tonnes, which is 52 per cent higher than in the third quarter last year.</p> <p style="font-weight: 400;"><strong>Increased exports to the UK</strong></p> <p style="font-weight: 400;">Against a complex backdrop, the UK continues to take a larger share of frozen whole cod exports from Norway. So far this year, volume growth is 6 per cent.</p> <p style="font-weight: 400;"><strong>Exports of frozen cod in September</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 2,100 tonnes of frozen cod worth NOK 149 million in September</li> <li>The value fell by NOK 27 million, or 15 per cent, compared with September last year.</li> <li>Volume fell by 32 per cent</li> </ul> <p style="font-weight: 400;"><strong>Fall in volume and value for clipfish</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 20,658 tonnes of clipfish worth NOK 1.5 billion in the third quarter</li> <li>The value fell by NOK 77 million, or 5 per cent, compared with the third quarter last year</li> <li>Volume fell by 4 per cent</li> <li>Portugal, Brazil and the Dominican Republic were the largest markets for clipfish in the third quarter</li> </ul> <p style="font-weight: 400;">For saithe clipfish, the export volume fell by 3 per cent to 12,316 tonnes, while the export value fell by 10 per cent to NOK 518 million.</p> <p style="font-weight: 400;"><strong>Decline to Portugal in the third quarter</strong></p> <p style="font-weight: 400;">Norway's largest market for clipfish from cod, Portugal, had a decline of around NOK 72 million in the third quarter compared with the third quarter of 2023.</p> <p style="font-weight: 400;">"This fall explains most of the total decline in value. However, it is worth noting that although there is a decline in the third quarter, exports so far this year have been as expected", says Seafood Analyst Thomas Jakobsen with the Norwegian Seafood Council.</p> <p style="font-weight: 400;"><strong>Value growth to the Dominican Republic</strong></p> <p style="font-weight: 400;">The Dominican Republic had the highest value growth in the third quarter, with an increase in export value of NOK 36 million, or 25 per cent, compared with the third quarter last year.</p> <p style="font-weight: 400;">The export volume to the Dominican Republic ended at 4,460 tonnes, which is 29 per cent higher than the third quarter last year.</p> <p style="font-weight: 400;">"Although the third quarter is slightly up in terms of value, there is an overall decline in the export value of clipfish to the Dominican Republic so far this year", explains Jakobsen.</p> <p style="font-weight: 400;"><strong>Good demand to the Caribbean</strong></p> <p style="font-weight: 400;">"Export volumes to the Caribbean have been high all year, and market demand is good. This trend continued in the third quarter, but as prices are lower than last year, there is an overall decline in value so far this year", says &Oslash;rjan Kj&aelig;rvik Olsen, who is responsible for the Caribbean at the Norwegian Seafood Council.</p> <p style="font-weight: 400;">For saithe clipfish, the export volume fell by 3 per cent to 12,316 tonnes, while the export value fell by 10 per cent to NOK 518 million.</p> <p style="font-weight: 400;"><strong>Exports of clipfish in September</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 8,600 tonnes of clipfish worth NOK 650 million in September</li> <li>The value fell by NOK 16 million, or 2 per cent, compared with September last year.</li> <li>Volume fell by 7 per cent</li> </ul> <p style="font-weight: 400;"><strong>Value growth for salted fish</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 3,601 tonnes of salted fish worth NOK 301 million in the third quarter</li> <li>The value increased by NOK 27 million, or 10 per cent, compared with the third quarter last year</li> <li>Volume fell by 2 per cent</li> <li>Portugal, Italy and Canada were the largest markets for salted fish in the third quarter</li> </ul> <p style="font-weight: 400;">Portugal had the highest value growth in the third quarter, with an increase in export value of NOK 47 million, or 28 per cent, compared with the third quarter last year.</p> <p style="font-weight: 400;">Exports to Portugal totalled 2,184 tonnes, which is 17 per cent higher than in the third quarter last year.</p> <p style="font-weight: 400;"><strong>Exports of salted fish in September</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 1,800 tonnes of salted fish worth NOK 157 million in September</li> <li>The value increased by NOK 29 million, or 23 per cent, compared with September last year</li> <li>This is a growth in volume of 4 per cent</li> </ul> <p style="font-weight: 400;"><strong>Decline for stockfish</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 732 tonnes of stockfish worth NOK 144 million in the third quarter</li> <li>The value fell by NOK 3 million, or 2 per cent, compared with the third quarter last year</li> <li>Volume fell by 4 per cent</li> <li>Italy, the US and Nigeria were the largest markets for stockfish in the third quarter</li> </ul> <p style="font-weight: 400;">The USA had the highest value growth in the third quarter, with an increase in export value of NOK 15 million, or 154 per cent, compared with the third quarter last year.</p> <p style="font-weight: 400;">The export volume to the US ended at 77 tonnes, which is 120 per cent higher than the third quarter last year.</p> <p style="font-weight: 400;"><strong>Exports of stockfish in September</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 360 tonnes of stockfish worth NOK 72 million in September</li> <li>The value fell by NOK 24 million, or 25 per cent, compared with September last year</li> <li>Volume fell by 15 per cent</li> </ul> <p style="font-weight: 400;"><strong>Weak quarter for herring</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 35,224 tonnes of herring worth NOK 740 million in the third quarter</li> <li>The value fell by NOK 76 million, or 9 per cent, compared with the third quarter last year</li> <li>Volume fell by 20 per cent</li> <li>Poland, the Netherlands and Germany were the largest markets for herring in the third quarter</li> </ul> <p style="font-weight: 400;">Poland had the highest value growth in the third quarter, with an increase in export value of NOK 29 million, or 15 per cent, compared with the third quarter last year.</p> <p style="font-weight: 400;">Export volume to Poland ended at 9,706 tonnes, which is 1 per cent higher than the third quarter last year.</p> <p style="font-weight: 400;">The price of frozen herring fillets is at a record high of NOK 22 per kg. This is NOK 1 higher than the previous record quarter, which was in the second quarter of 2024.</p> <p style="font-weight: 400;">The price of frozen whole herring is at a record high of NOK 18 per kg. This is NOK 1 higher than the previous record quarter, which was in the second quarter of 2024.</p> <p style="font-weight: 400;"><strong>Exports of herring in September</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 10,300 tonnes of herring worth NOK 222 million in September</li> <li>The value fell by NOK 118 million, or 35 per cent, compared with September last year</li> <li>Volume fell by 41 per cent</li> </ul> <p style="font-weight: 400;"><strong>Strong mackerel exports</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 90,038 tonnes of mackerel worth NOK 2.3 billion in the third quarter</li> <li>The value increased by NOK 943 million, or 68 per cent, compared to the third quarter last year</li> <li>This is a growth in volume of 43 per cent</li> <li>Japan, China and Vietnam were the largest markets for mackerel in the third quarter</li> </ul> <p style="font-weight: 400;">China had the highest value growth in the third quarter, with an increase in export value of NOK 214 million, or 136 per cent, compared with the third quarter last year.</p> <p style="font-weight: 400;">The export volume to China ended at 14,486 tonnes, which is 93 per cent higher than the third quarter last year.</p> <p style="font-weight: 400;">The price of frozen whole mackerel is at a record high of NOK 26 per kg. This is NOK 2 higher than the previous record quarter, which was in the second quarter of 2024.</p> <p style="font-weight: 400;"><strong>Good demand in South Korea and Japan</strong></p> <p style="font-weight: 400;">Fishing has been good recently, and most of the mackerel quota has now been taken.</p> <p style="font-weight: 400;">"We are experiencing good demand in the most important Asian markets. A decline in their own mackerel fisheries in both South Korea and Japan has meant that their processing industries are buying Norwegian mackerel to an even greater extent", says Johan Kvalheim, the Norwegian Seafood Council's envoy to Japan and South Korea.</p> <p style="font-weight: 400;"><strong>Exports of mackerel in September</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 63,500 tonnes of mackerel worth NOK 1.7 billion in September</li> <li>The value increased by NOK 609 million, or 57 per cent, compared with September last year</li> <li>This is a growth in volume of 31 per cent</li> </ul> <p style="font-weight: 400;"><strong>The quota cut affects the export of king crab</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 588 tonnes of king crab worth NOK 288 million in the third quarter</li> <li>The value fell by NOK 130 million, or 31 per cent, compared with the third quarter last year</li> <li>Volume fell by 35 per cent</li> <li>The US, Hong Kong SAR and Vietnam were the largest markets for king crab in the third quarter</li> <li>The quota reduction of just under 60 per cent means that the export volume of king crab in the third quarter fell by 35 per cent compared with the same period last year</li> </ul> <p style="font-weight: 400;">"If it hadn't been for good fishing in the unregulated area, the decline would have been even greater. In the third quarter, the supply from the unregulated area was actually, greater than from quota-regulated fishing", says Josefine Voraa, Head of Shellfish with the Norwegian Seafood Council</p> <p style="font-weight: 400;"><strong>USA is Norway's most important market</strong></p> <ul style="font-weight: 400;"> <li>The US market accounted for 41 per cent of total exports in the third quarter, with an export volume of 239 tonnes and a value of NOK 119 million.</li> <li>The total decline to the US is just over 15 per cent in volume, even though the decline in catches of king crab has fallen by 48 per cent so far this year.</li> </ul> <p style="font-weight: 400;">"With Russia out of the US market and only a small quota in Alaska, the US remains the most important market for both live and frozen Norwegian king crab", says Josefine Voraa.</p> <p style="font-weight: 400;"><strong>Live king crab dominates</strong></p> <p style="font-weight: 400;">Live king crab accounted for 73 per cent of the export volume in the third quarter, with 430 tonnes. This is a decrease of 36 per cent compared with the same period last year.</p> <p style="font-weight: 400;">In terms of value, exports totalled NOK 202 million, which is 32 per cent lower than last year.</p> <p style="font-weight: 400;"><strong>King crab exports in September</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 202 tonnes of king crab worth NOK 107 million in September</li> <li>The value fell by NOK 18 million, or 14 per cent, compared with September last year</li> <li>Volume fell by 24 per cent</li> </ul> <p style="font-weight: 400;">"In the US and Canada, demand tends to pick up in the autumn and towards the Christmas season in the markets. In September, North America grew by 23 per cent in volume and 31 per cent in value. While Asia, which is flooded with Russian crab, declined by 74 per cent in volume and 78 per cent in value", explains Josefine Voraa.</p> <p style="font-weight: 400;"><strong>Low exports of snow crab</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 72 tonnes of snow crab worth NOK 8 million in the third quarter</li> <li>The value fell by NOK 12 million, or 58 per cent, compared with the third quarter last year</li> <li>Volume fell by 61 per cent</li> <li>Japan, the US and China were the largest markets for snow crab in the third quarter</li> </ul> <p style="font-weight: 400;">Japan had the highest value growth in the third quarter, with an export value of NOK 4 million, compared with nothing the previous year. The export volume ended at 32 tonnes.</p> <p style="font-weight: 400;"><strong>Snow crab exports in Septembe</strong>r</p> <ul style="font-weight: 400;"> <li>Norway exported 1 tonne of snow crab worth NOK 168,000 in September</li> <li>The value fell by NOK 5 million, or 97 per cent, compared to September last year</li> <li>Volume fell by 99 per cent compared to September last year</li> </ul> <p style="font-weight: 400;"><strong>Historically strong quarter for prawns</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 11,372 tonnes of prawns to a value of NOK 474 million in the third quarter</li> <li>The value increased by NOK 167 million, or 54 per cent, compared with the third quarter last year</li> <li>That's a growth in volume of 130 per cent</li> <li>Sweden, Iceland and Canada were the largest markets for prawns in the third quarter</li> </ul> <p style="font-weight: 400;">"Prawn exports have had a historically strong quarter. With the decline in cod quotas, activity in the prawn fishery in the Barents Sea has increased. Landings so far this year are 37 per cent higher than they were at the same time last year", says Josefine Voraa, Head of Shellfish at the Norwegian Seafood Council.</p> <p style="font-weight: 400;"><strong>Highest value growth for raw, frozen industrial prawns</strong></p> <p style="font-weight: 400;">Raw, frozen industrial prawns accounted for 56 per cent of the export volume in the third quarter. It is therefore the product with the highest volume growth, with an export volume of 6,409 tonnes.</p> <p style="font-weight: 400;">"This is 5,288 tonnes more than in the third quarter of last year. The value of exports is NOK 137 million, an increase of 494 per cent compared with the same period last year", explains Voraa.</p> <p style="font-weight: 400;"><strong>Iceland and Canada top the export charts</strong></p> <p style="font-weight: 400;">Iceland and Canada are the largest recipients of industrial prawns, both in the third quarter and so far this year.</p> <p style="font-weight: 400;">"While Iceland has been a major importer of raw materials from Norway for many years due to low self-catch, Canada, as one of the largest catching nations for cold-water prawns, has faced challenges in obtaining enough raw materials for its onshore industry", explains Josefine Voraa.</p> <p style="font-weight: 400;">So far this year, more than 6,098 tonnes of industrial prawns have been exported to Canada, and in the third quarter alone 2,438 tonnes were exported.</p> <p style="font-weight: 400;"><strong>China was the largest growth market</strong></p> <p style="font-weight: 400;">"In addition to increased landings of raw, frozen prawns, the proportion that is cooked and frozen on board vessels in the Barents Sea has increased significantly. This has contributed to a historically strong third quarter for frozen, cooked shell prawns, with exports of 2,517 tonnes, worth NOK 108 million", explains Voraa.</p> <p style="font-weight: 400;">Measured in terms of export value, China was the largest growth market in the third quarter with an export value of NOK 21.6 million. This is 56 per cent higher than in the same period last year. In terms of volume, exports totalled 481 tonnes.</p> <p style="font-weight: 400;">So far this year, 26,537 tonnes of prawns have been exported with a value of NOK 1.23 billion. This is 11,641 tonnes more than at the same time last year.</p> <p style="font-weight: 400;"><strong>Prawn exports in September</strong></p> <ul style="font-weight: 400;"> <li>Norway exported 4,000 tonnes of prawns worth NOK 173 million in September</li> <li>The value increased by NOK 53 million, or 44 per cent, compared with September last year</li> <li>This is a growth in volume of 66 per cent</li> </ul>  1    Retail adrian.lazar@industriacarnii.ro 2024-10-21 00:10:02  2025-07-13 22:50:48  Details Edit Delete
5101  Strong results in a turbulent year  Danish Crown records a profit of more than DKK 2.2 billion for the first time ever. The strong performance was achieved in a year when the group retained its competitive strength despite COVID-19 and massive price drop on pork in the second half of the financial year.  <p>Our record-high profit in the 2020/21 financial year was achieved on the basis of a dedicated effort through several years. We have been focusing our work on strengthening the group&rsquo;s domestic market positions in Northern Europe. Worldwide, we have dedicated resources to the bacon, pizza toppings and canned product categories and have invested in DAT-Schaub, which now ranks among the market leaders in the sale of products from hog casings for the food and pharmaceutical industries.</p> <p>For the seventh consecutive year, DAT-Schaub has expanded its business volumes. The company has increased its EBIT nearly fivefold during the strategy period, reaching EBIT of DKK 1 billion for the first time. We also recorded strong progress in the processing activities in our domestic markets in Northern Europe. In 2020/21, these activities contributed EBIT of close to one billion kroner, which is 41 per cent more than at the beginning of the strategy period five years ago.</p> <p>The strategic goal has been to lift earnings, allowing Danish Crown to increase the settlement for owners&rsquo; pork deliverables by at least DKK 0.60 per kilo compared with the European price index. This goal has now been achieved for two consecutive years.</p> <p>&ldquo;We are presenting a very strong financial report, and I am pleased to see that we have delivered on our 4WD strategy and the goals we set.&nbsp; Our success in the past year shows how robust our business is. Our employees have made a tremendous effort, solving their tasks, working from home and taking thousands of rapid flow tests at our factories. At the same time, we have kept a steady hand on the helm and stayed on course, despite the fact that, during parts of the year, we were unable to export our products to China, and sales to caf&eacute;s, restaurants and canteens were hard hit by COVID-19. We can be very proud of our performance,&rdquo; says Jais Valeur, CEO of Danish Crown.</p> <p>Danish Crown&rsquo;s net profit increased by 5.3 per cent to DKK 2.255 billion. Due to significantly decreasing prices on the global pork market in the last third of the financial year, total revenue declined by 4.1 per cent to DKK 58.287 billion.</p> <p>The supplementary payment to our cooperative owners for the supply of pigs will be DKK 1.30 per kg and DKK 1.10 per kg for sows, while cattle suppliers receive a supplementary payment of DKK 1.30 per kg. In addition, DKK 242 million will be deposited in the cooperative owner&rsquo; accounts. For an owner supplying 10,000 pigs annually, this equates to about DKK 1.3 million.</p> <p>&ldquo;For the 1,600 cooperative owners who supply pigs to Danish Crown, additional value was created again in 2020/21. Measured in terms of kilos, they supplied eight per cent more to the Danish abattoirs. As the record-profit is to be distributed on a higher number of kilos, the supplementary payment to the pig suppliers is slightly lower than last year. However, that does not alter the fact that it has been good business for the farmers to keep the pigs in Denmark instead of exporting them as weaners,&rdquo; says Jais Valeur.</p> <p>While the settlement price for pork plunged over the course of the summer, prices of beef and veal rose considerably. Danish Crown Beef is beginning to realise its potential and is showing good strength. Sales have improved both in the retail segment and to restaurants and the foodservice market, and our slaughter activities in Germany and Scan-Hide, which processes cattle hides for the leather industry, are both contributing strong earnings.</p> <p>&ldquo;There is momentum in our business right now, and we have a strong plan and strategy for the future. At the same time, we have maintained a good financial balance, and at 2.3 our gearing is well below our long-term target of 3.0. This gives us a strong starting point from which to make the strategic investments required for the continued development of Danish Crown,&rdquo; said Jais Valeur.</p> <p>In June, Danish Crown presented its strategy for the next five years. Named Feeding the Future, the strategy shifts the basic focus away from volume to value creation, with sustainability being pivotal in developing our business going forward.</p> <p>Therefore, Danish Crown has, among other things, signed up to the Science Based Targets initiative and undertaken to define specific climate goals for the entire value chain from farm to fork. This supports our overall goal of reducing our CO2 emissions by 50 per cent by 2030.</p>  1    Industry adrian.lazar@industriacarnii.ro 2021-11-23 07:39:59  2025-07-14 09:23:43  Details Edit Delete
1742  Strong results for US beef exports in H1 2018  The US beef exports have reported strong results for the first half of 2018, according to data released by USDA and compiled by USMEF.  <p>US beef muscle cut exports have reported a new record in terms of volume in June with a year over year increase of 15% to&nbsp;90,745 metric tons (mt). USMEF says that together with variety meat exports, the total beef export volume reached&nbsp;115,718 mt, up 6 percent, valued at $718.4 million &ndash; up 19 percent year-over-year and only slightly below the record total ($722.1 million) reached in May.</p> <p>Analysts at USMEF say first-half exports set a record pace in both volume and value as international customers bought a larger share of U.S. beef production at higher prices, indicating strong demand. Export volume was up 9 percent from a year ago to 662,875 mt while export value was just over $4 billion, up 21 percent. In previous years, export value never topped the $4 billion mark before August.</p> <p>&ldquo;It&rsquo;s remarkable to think that as recently as 2010, beef exports for the entire year totaled $4 billion, and now that milestone has been reached in just six months,&rdquo; noted Dan Halstrom, USMEF president and CEO. &ldquo;This should be a source of great pride for the beef industry, which has remained committed to expanding exports even when facing numerous obstacles. And with global demand hitting on all cylinders, there is plenty of room for further growth.&rdquo;</p> <p>The results for US beef exports in June were also remarcable and sustained the total increase reported in the first half of 2018. USMEF says June exports accounted for 13.4 percent of total beef production, up from 12.8 percent a year ago. For muscle cuts only, the percentage exported was 11.3 percent, up from just under 10 percent last year. First-half exports accounted for 13.5 percent of total beef production and 11 percent for muscle cuts &ndash; up from 12.8 percent and 10 percent, respectively, last year. Beef export value averaged $313.56 per head of fed slaughter in June, up 19 percent from a year ago. The first-half average was $316.94 per head, up 18 percent.</p>  1    Industry 2018-08-09 06:30:50  2025-07-14 00:34:45  Details Edit Delete
5522  Strong profile joins Danish Crown's management  The list of positions and experience from multinational companies is long for Danish Crown's new top manager. Tim Orting Jorgensen will take over as the new Group Executive Vice President and member of the Executive Board of Danish Crown A / S from 1 August.  <p style="font-weight: 400;">The appointment of a new board member with a commercial focus will give a further boost to Danish Crown's Feeding the Future strategy of creating more value for owners, customers and consumers.&nbsp;The strategy was launched last year and included a higher degree of internationalization and commercial growth.</p> <p style="font-weight: 400;">"Tim has a unique insight into the food market and has recently gained experience from the food service sector, which will be a huge plus for us.&nbsp;We need to be even stronger commercially, and there I have assessed that we need an active leader from the outside.&nbsp;Tim comes with a great track record and a sharp strategic outlook, and I look forward to the collaboration", says Jais Valeur, Group CEO of Danish Crown.</p> <p style="font-weight: 400;"><strong>Change in the leadership structure</strong></p> <p style="font-weight: 400;">The appointment of Tim Orting Jorgensen also entails a change in the management of Business Unit Danish Crown, which has a turnover of DKK 35 billion.&nbsp;and 12,000 employees.</p> <p style="font-weight: 400;">Tim Orting Jorgensen will have the overall management responsibility as well as the responsibility for Commercial, which is one of three units in Business Unit Danish Crown.&nbsp;Soren F. Eriksen will continue to be responsible for Operations, and Charlotte Wandorf will continue to lead Categories.&nbsp;They both get reference to Tim Orting Jorgensen, while the current Executive Vice President Kasper Lenbroch leaves Danish Crown.</p> <p style="font-weight: 400;">"I owe Kasper a big thank you for his efforts in Danish Crown.&nbsp;He has been at the forefront of the development of Tulip Food Company for almost a decade, and in recent years he has helped lay the foundations for our current strategy and bring together most of our production and commercial business", says Jais Valeur.</p> <p style="font-weight: 400;"><strong>Driven by results and values</strong></p> <p style="font-weight: 400;">Tim Orting Jorgensen, has had large parts of his career in Arla Foods with postings in Saudi Arabia, Brazil and Germany.&nbsp;As head of Arla's European business, he increased his turnover fivefold over three years.&nbsp;In 2016, he had four years to double the turnover in the international business, a goal he achieved before leaving Arla in favor of Sysco International in 2020.</p> <p style="font-weight: 400;">"I look forward to working with the Feeding the Future strategy.&nbsp;It is an exciting task that I look forward to solving with my new colleagues.&nbsp;My passion lies in working with a strong value chain from farm to fork, and Danish Crown has that to that extent with its roots in Danish agriculture", says Tim Orting Jorgensen.</p>  1    Industry adrian.lazar@industriacarnii.ro 2022-06-22 08:43:09  2025-07-14 10:20:44  Details Edit Delete
5417  Strong poultry market conditions predicted by Rabobank  Despite the war in Ukraine, poultry demand is going to gain support in the global market.  <p>Global poultry demand and trade will remain strong this year. The industry, however, will face challenges related to historic high-cost inflation and logistic disruptions, which will especially impact low-income countries.<br />In most regions, supply is relatively tight and prices are strong. The war in Ukraine has led to an increase of 20% to 40% in global grain prices, and the poultry industry will be challenged to pass on all of these higher costs to consumers. This will likely be possible in developed markets with high purchasing power, where supply is relatively tight, such as Europe, the US, and Japan. There are, however, rising concerns in developing countries &ndash; for example, some countries in Africa, where food expenditure can represent one-third of household income and where the cost impact could be higher due to import dependence. These sharply rising costs, together with lower purchasing power due to weaker growth and cost inflation, could challenge local food and poultry consumption and potentially lead to regional crisis situations.<br />Global trade is expected to remain strong in 2022, as all governments gradually implement &lsquo;living with Covid-19&rsquo; strategies, lifting foodservice demand. Brazil, China, and Turkey are well-positioned to benefit from this situation and take over some share of exports from the EU and war-affected Ukraine. Russia will be affected by sanctions but could selectively benefit from its very competitive position. Global trade will be challenged by the ongoing inflation of transport costs as well as disruptions to logistics.</p> <p>Global poultry industries need a sharp focus on operations to offset higher costs and supply challenges &ndash; optimal procurement, product efficiency, and feed formulation will be vital. Avian influenza (AI) will remain a key challenge, but the pressure should ease in the northern hemisphere summer. From a global perspective, AI cases in regions like Europe will disrupt trade in hatching eggs, which could impact supply in importing countries, as occurred in 2020 and 2021.</p> <p>&nbsp;</p>  1    Industry 2022-04-11 12:39:45  2025-07-14 06:52:31  Details Edit Delete
782  Strong performance for Pilgrim`s Pride in 2017  Pilgrim's Pride, a US-based poultry processor, ended its fiscal year 2017 with a turnover of $10.77 billion and income margins of 11.8% in the US, 10.6% in Mexico and 3.9% in Europe operations, respectively, according to the company's statement.  <p>Pilgrim reported also an EBITDA of $1.39 billion (or a 12.9% margin and +54.3% versus last year, excluding Moy Park).</p> <p>The company acquired Moy Park in September, an acquisition that makes Pilgrim's Pride "the global leader in chicken and chicken-based Prepared Foods."</p> <p>Furthermore, the company also completed strategic capital investments worth $141 million, including the Sanford, NC organic tray-pack facility and Prepared Foods Line, which the company said in a statement that this further increases product portfolio differentiation, strengthens key customer relationships, and improves margin profile.</p> <p>&ldquo;We generated strong, well-balanced consolidated performance in 2017. Our U.S. and Mexico operations were solid despite logistical challenges in Q4 due to the after-effects from natural events in Puerto Rico, Mexico and the U.S., while our newly acquired U.K. and continental Europe operations were consistent. The performance once again demonstrated the strength and diversity of our portfolio of bird sizes, and is what fundamentally differentiates us from the competition, giving us the potential to reduce volatility and generate higher margins over time," stated Bill Lovette, Chief Executive Officer of Pilgrim's.</p> <p>"While small-bird and tray-pack have remained strong during Q4, conditions in the commodity markets declined in-line with seasonality but are already recovering well in the new year, indicating the continuation of chicken demand as the protein of choice in domestic and international markets. Facing significant challenges, we are very proud of our team members who had worked tirelessly to continue the operations of our facilities while assisting with rebuilding the local communities,&rdquo; stated Bill Lovette, Chief Executive Officer of Pilgrim's," added Mr. Lovette.</p> <p>Mr. Lovette also said that the company is continuing to improve its performance on GNP operations.</p> <p>"Margins have substantially increased since the acquisition just over a year ago and have reached parity with our legacy business during Q4. The integration is going well and we have extracted significant operating and product synergies, and are also preparing to expand the distribution of our premium Just Bare Brand. Combined with the success in improving the profitability of our acquired Mexican operations, we believe we have the methodology and the experienced personnel required to grow the operating and financial performance of our U.K. and continental Europe business,&rdquo; said Mr. Lovette.</p>  1    Industry 2018-02-15 15:07:43  2025-07-13 15:30:27  Details Edit Delete
4873  Strong note for US red meat exports in H1 2021  "The fact that first-half exports reached record levels speaks to the loyalty of our international customer base," says USMEF President and CEO Dan Halstrom.  <p>2021 has presented many formidable challenges for the US red meat industry, including a very tight labor situation, logistical obstacles that slowed product movement and foodservice restrictions in many key markets, observed USMEF President and CEO Dan Halstrom.<br />Nevertheless, the industry has finished first half of the year on a strong note regarding exports. Although volume and value eased from the enormous totals posted in April and May, export value was still the highest on record for the month of June and first-half shipments established a record pace for both beef and pork exports.</p> <p>"USMEF had expected a continued strong performance in June for both beef and pork exports, despite significant headwinds," said USMEF President and CEO Dan Halstrom. "2021 has presented many formidable challenges for the U.S. industry, including a very tight labor situation, logistical obstacles that slowed product movement and foodservice restrictions in many key markets. So the fact that first-half exports reached record levels speaks to the loyalty of our international customer base, strong consumer demand for high-quality, nutritious U.S. red meat and the U.S. industry&rsquo;s ability to adapt to a challenging and rapidly changing business climate. We have also seen a welcome rebound in beef and pork variety meat volumes, which had been down last year."<br />June beef exports totaled 112,249 tonnes, up 42% from a year ago when exports were still hampered by a COVID-related slowdown in production. Export value was $804.4 million, up 68% from a year ago and the third highest on record after April and May of this year. First-half exports reached 700,087 tonnes, up 18% from a year ago, valued at $4.64 billion (up 28%). Compared to 2018, the record year for US beef exports, first-half results were up 6% in volume and 15% in value.</p> <p>Pork exports reached 238,935 tonnes in June, up 15% from a year ago, while export value climbed 35% to $696.8 million. First-half pork exports topped last year&rsquo;s record pace by 1% at 1.58 million tonnes, valued at $4.33 billion (up 7%). <br />Japan was the leading destination for June beef exports in both volume (24,864 tonnes, up 20% from a year ago) and value (up 28%).<br />June exports accounted for 29.4% of total pork production and 25.5% of muscle cuts, both up significantly from a year ago. In the first half, exports accounted for 31.4% of total pork production (steady with last year) and 28.1% for muscle cuts (down one-half percentage point from a year ago). Mexico emerged as the top market for total pork exports in June at 70,582 tonnes, up 45% from a year ago, while export value more than doubled to $149.4 million (up 112%). First-half exports to Mexico climbed 22% from a year ago to 396,329 tonnes, valued at $789.5 million (up 45%).<br />June exports of US lamb were 37% below last year at 1,083 tonnes, but still managed a slight increase in value to $1.6 million. For the first half of the year, lamb exports increased 25% from a year ago to 6,816 tonnes, valued at $9.1 million (up 14%). Export growth was fueled mainly by strong demand for both muscle cuts and variety meat in Mexico, as well as larger muscle cut shipments to Bermuda, Trinidad and Tobago and Canada.</p> <p>&nbsp;</p>  1    Market 2021-08-11 07:10:05  2025-07-14 09:24:02  Details Edit Delete
1438  Strong month for US beef exports  US beef exports reported the best-ever results for the month of April, according to data released by USDA and compiled by USMEF.  <p>Beef export volume was 111,213 mt in April, up 11 percent year-over-year. Export value was $676.7 million, up 23 percent and the fourth-highest on record. Through the first four months of 2018, exports were up 10 percent in volume to 429,286 mt. Export value was $2.59 billion, 20 percent above last year&rsquo;s record pace.</p> <p>Exports accounted for 14.1 percent of total beef production in April, up from 13.6 percent a year ago. For muscle cuts only, the percentage exported was 11.3 percent, up from 10.6 percent. For January through April, exports accounted for 13.4 percent of total production and 10.8 percent for muscle cuts, each up about half a percentage point from last year.</p> <p>Beef export value averaged $328.46 per head of fed slaughter in April, up 16 percent from a year ago. Through April, per-head export value averaged $318.91, up 17 percent.</p>  1    Industry 2018-06-16 09:34:01  2025-07-12 04:01:48  Details Edit Delete
6225  Strong interest for US Beef at Gulfood in Dubai  Buyers and suppliers converged recently in Dubai, UAE, for one of the world’s largest food trade shows. While the majority of the show’s attendees were from the Middle East, Gulfood also attracted thousands of prospective buyers from Africa and Asia.  <p><span lang="DE">"This was Gulfood&rsquo;s second year back from COVID but attendance wasn&rsquo;t just back to normal, it was as busy as I&rsquo;ve ever seen it", said USMEF President and CEO Dan Halstrom. "Attendance over five days was estimated to be about 100,000 and when the final totals are in, it could be an all-time record".</span></p> <p><span lang="DE">A wide range of U.S. beef products was promoted at Gulfood, with some markets focused on center-of-the-plate cuts for foodservice clientele, while others are seeking beef variety meat items. In some countries in the Middle East and Africa, initial sales of beef variety meat often lead to expanded demand for beef muscle cuts.</span></p> <p><span lang="DE">"This region is critical for beef variety meats which presents opportunities to talk with buyers about expanding that portfolio into muscle cuts", says Halstrom, who attended the show along with Assistant Vice President of Member Services Tammy Connolly and USMEF representatives from the Middle East, Africa and Europe.</span></p> <p><span lang="DE">"We&rsquo;re not attempting to appeal to every buyer at this show but there is great potential for grain-fed U.S. beef in foodservice in several markets in this region. Post-COVID, foodservice is booming in some Middle Eastern markets and high-quality U.S. beef is perfectly positioned to meet this demand", Halstrom adds.</span></p> <p><span lang="DE">Beef and beef variety meat exports to the Middle East region totaled more than 66,000 metric tons last year, up 3% from 2021, while value jumped 34% to $297 million, according to USDA data compiled by USMEF. Egypt is the largest destination for U.S. beef livers &ndash; not only in the Middle East region, but globally. The leading markets in the region for beef muscle cuts are the U.A.E., Kuwait, Qatar and Saudi Arabia.</span></p>  1    Market adrian.lazar@industriacarnii.ro 2023-03-09 00:15:19  2025-07-13 23:33:38  Details Edit Delete
8349  Strong growth in Norwegian seafood exports in February  Norway exported seafood worth NOK 14.1 billion in February. This is an increase of NOK 853 million, or 6 per cent, compared with the same month last year.  <p style="font-weight: 400;">"We have never before experienced such a high export value in the month of February. This is due to the combination of a weak Norwegian krone measured against the euro and dollar, high salmon volumes and strong value growth to the USA", says Christian Chramer, CEO of the Norwegian Seafood Council.</p> <p style="font-weight: 400;"><strong>Largest increase to the US</strong></p> <p style="font-weight: 400;">The USA had the highest value growth in February, with an increase in export value of NOK 548 million, or 52 per cent, compared with the same month last year. In the first two months of the year, value growth to the USA has thus totalled NOK 985 million.</p> <p style="font-weight: 400;">"February was the best ever month for exports to the USA. This was primarily due to increased value for salmon, snow crab, king crab, trout and mackerel. Although the fear of the introduction of tariff barriers is causing some unease in the market, this is not the main reason for the strong growth", says Chramer.</p> <p style="font-weight: 400;"><strong>Several factors at play</strong></p> <p style="font-weight: 400;">He highlights the following factors that helped to boost the value of Norwegian seafood exports to the US in February:</p> <ul> <li>Salmon is the largest species to the USA. In February, there was growth in both volume and value of over 50 per cent to this market.</li> <li>Increased harvesting volumes have led to more available large fish of around 5-6 kilos, which is a sought-after size in the US market.</li> <li>As Alaska has sold all its catch and Russia has been sanctioned, Norway is now the only supplier of king crab to the USA. This has led to record-high export prices for frozen king crab.</li> <li>The Norwegian krone has weakened against the US dollar compared with February last year. This has boosted its value measured in Norwegian kroner.</li> </ul> <p style="font-weight: 400;"><strong>Continued uncertainty around increased tariffs</strong></p> <p style="font-weight: 400;">"There is still a great deal of uncertainty surrounding the introduction of customs barriers. Together with the Norwegian authorities, we are closely monitoring developments", says Christian Chramer.</p> <p style="font-weight: 400;">A total of 11 per cent of Norwegian seafood exports in February went to the USA. This is the highest share in a single month since the 1980s. In comparison, 62 per cent of seafood exports went to the EU, while 21 per cent went to Asia.</p> <p style="font-weight: 400;"><strong>Exports of Norwegian seafood in February</strong></p> <ul> <li>The largest markets for Norwegian seafood exports in February were the USA, Poland and Denmark</li> <li>Seafood was exported to a total of 118 countries in February. This is 1 more than in February last year.</li> </ul> <p style="font-weight: 400;"><strong>Strong volume growth for salmon</strong></p> <ul> <li>Norway exported 89,177 tonnes of salmon worth NOK 9.1 billion in February</li> <li>The value increased by NOK 185 million, or 2 per cent, compared with the same month last year.</li> <li>This is a growth in volume of 14 per cent</li> <li>Poland, the US and France were the largest markets for salmon in February</li> </ul> <p style="font-weight: 400;">The USA saw the greatest growth in value in February, with an increase in export value of NOK 340 million, or 50 per cent, compared with the same month last year.</p> <p style="font-weight: 400;">Exports to the USA totalled 6,539 tonnes, which is 57 per cent higher than the same month last year.</p> <p style="font-weight: 400;"><strong>Better production conditions</strong></p> <p style="font-weight: 400;">"We must see the volume growth in the context of improved production conditions in Norway. Higher sea temperatures and fewer winter ulcers have resulted in increased harvesting volumes and a higher quality of fish compared with February last year. This has had a positive effect on exports to overseas markets such as Asia and the USA", says Seafood Analyst Paul T. Aandahl of the Norwegian Seafood Council.</p> <p style="font-weight: 400;">China was the second largest growth market for salmon in February. Compared with the same month last year, the increase was NOK 109 million, or 25 per cent. In total, salmon exports from Norway to China totalled NOK 537 million in February</p> <p style="font-weight: 400;"><strong>Norwegian salmon has gained market share in China</strong></p> <p style="font-weight: 400;">"There is underlying growth in the Chinese market. In addition, Norwegian salmon has gained market share, partly because there is more availability of large salmon from Norway. The Chinese salmon market is growing particularly strongly in the grocery trade and in medium-sized cities where salmon is still a relatively new and exotic product", says Sigmund Bj&oslash;rgo, the Norwegian Seafood Council's envoy to China.</p> <p style="font-weight: 400;"><strong>Strong month for trout</strong></p> <ul> <li>Norway exported 5,979 tonnes of trout worth NOK 563 million in February</li> <li>The value increased by NOK 117 million, or 26 per cent, compared with the same month last year</li> <li>This is a growth in volume of 29 per cent</li> <li>Ukraine, USA and Thailand were the largest markets for trout in February</li> </ul> <p style="font-weight: 400;">Poland had the highest value growth in February, with an increase in export value of NOK 23 million, or 102 per cent, compared with the same month last year.</p> <p style="font-weight: 400;">The export volume to Poland ended at 546 tonnes, which is 94 per cent higher than the same month last year.</p> <p style="font-weight: 400;">"The lower price of trout compared with salmon makes it more attractive as a raw material for both smoked and fresh products in Poland. However, trout only accounted for 4 per cent of total salmon exports to Poland in February", says Seafood Analyst Paul T. Aandahl of the Norwegian Seafood Council.</p> <p style="font-weight: 400;"><strong>Big fall for fresh cod</strong></p> <ul> <li>Norway exported 4,815 tonnes of fresh cod worth NOK 398 million in February</li> <li>The value fell by NOK 65 million, or 14 per cent, compared with the same month last year</li> <li>Volume fell by 35 per cent</li> <li>Denmark, the Netherlands and Spain were the largest markets for fresh cod in February</li> </ul> <p style="font-weight: 400;">Although landings of fresh cod picked up well during the month, the volume fell by more than 30 per cent compared with February last year.</p> <p style="font-weight: 400;">"Lower landings combined with a Norwegian onshore industry that is fighting an increasingly tough battle for raw materials for the production of fillets, salted fish, clipfish and stockfish contributed to a sharp decline in the export volume of fresh wild cod in February", says Seafood Analyst Eivind Hestvik Br&aelig;kkan of the Norwegian Seafood Council.</p> <p style="font-weight: 400;"><strong>Expected volume decline</strong></p> <p style="font-weight: 400;">For fresh wild cod, the export volume fell by 48 per cent to 3,301 tonnes, while the export value fell by 27 per cent to NOK 296 million.</p> <p style="font-weight: 400;">"Although there is a drastic decline in volume, it is not surprising in light of the large reduction in cod quotas this year", explains Br&aelig;kkan.</p> <p style="font-weight: 400;">For fresh farmed cod, the export volume increased by 37 per cent to 1,514 tonnes, while the export value increased by 69 per cent to NOK 102 million. Farmed cod accounted for 26 per cent of the export value of fresh cod in February.</p> <p style="font-weight: 400;"><strong>Major decline for quality labelled skrei</strong></p> <ul> <li>Norway exported 933 tonnes of quality labelled skrei worth NOK 88 million in February</li> <li>The value fell by NOK 39 million, or 31 per cent, compared with the same month last year</li> <li>Volume fell by 51 per cent</li> <li>Denmark, Spain and Sweden were the largest markets for quality labelled skrei in February</li> </ul> <p style="font-weight: 400;">The decline in landings is also reflected in the export volume of quality labelled skrei.</p> <p style="font-weight: 400;">"As usual, the transit market Denmark is the largest destination market. From there, the cod is repackaged and sent on to important markets in countries such as Spain, Germany and France", says Seafood Analyst Eivind Hestvik Br&aelig;kkan of the Norwegian Seafood Council.</p> <p style="font-weight: 400;">As in previous years, export volumes increased significantly from January to February. The export price follows the same seasonal pattern as last year, with a decrease compared to January.</p> <p style="font-weight: 400;"><strong>Strong value growth for frozen cod</strong></p> <ul> <li>Norway exported 4,912 tonnes of frozen cod worth NOK 407 million in February</li> <li>The value increased by NOK 93 million, or 30 per cent, compared with the same month last year.</li> <li>Volume fell by 8 per cent</li> <li>The UK, China and Vietnam were the largest markets for frozen cod in February</li> </ul> <p style="font-weight: 400;">China had the highest value growth in February, with an increase in export value of NOK 76 million. This is a tenfold increase from very low volumes in the same month last year.</p> <p style="font-weight: 400;">Exports to China totalled 1,072 tonnes, an increase of 181 tonnes compared with February last year.</p> <p style="font-weight: 400;">A significant proportion of the Norwegian cod exported to China is processed and re-exported to the USA.</p> <p style="font-weight: 400;">Large fluctuations are common</p> <p style="font-weight: 400;">"With the US introducing increased tariffs on imports from China, it may seem surprising to see such strong growth to China in February. However, large fluctuations in export volumes in individual months are common", says Seafood Analyst Eivind Hestvik Br&aelig;kkan of the Norwegian Seafood Council.</p> <p style="font-weight: 400;">In January, there a sharp decline in exports to China, and so far this year, the export volume of frozen whole cod to China has fallen by 4 per cent.</p> <p style="font-weight: 400;">"We therefore need to see developments over a longer period of time in order to be able to assess the consequences of the increased tariffs", explains Br&aelig;kkan.</p> <p style="font-weight: 400;"><strong>Good development to the UK</strong></p> <p style="font-weight: 400;">The UK is also continuing its strong development, with 9 per cent volume growth and 46 per cent higher export value in February. A total of 1,631 tonnes of frozen cod were exported to the UK in February, with an export value of NOK 150 million</p> <p style="font-weight: 400;">"Lower inflation and somewhat improved wage growth may have helped to boost demand for frozen cod in the UK", says Eivind Hestvik Br&aelig;kkan.</p> <p style="font-weight: 400;">"The UK is a market where our whitefish species of cod and haddock are strongly anchored in both the grocery trade and food service with fish &amp; chip. Despite significantly lower quotas, the February figures show the very important position that this market has for cod, and frozen whole cod in particular", says Victoria Braathen, the Norwegian Seafood Council's envoy to the UK<em>.</em></p> <p style="font-weight: 400;"><strong>Growth for clipfish</strong></p> <ul> <li>Norway exported 7,090 tonnes of clipfish worth NOK 520 million in February</li> <li>The value increased by NOK 164 million, or 46 per cent, compared with the same month last year.</li> <li>This is a growth in volume of 32 per cent</li> <li>Portugal, the Dominican Republic and Brazil were the largest markets for clipfish in February</li> </ul> <p style="font-weight: 400;">For saithe clipfish, the export volume increased by 34 per cent to 4,401 tonnes, while the export value increased by 78 per cent to NOK 233 million.</p> <p style="font-weight: 400;">For cod clipfish, the export volume fell 9 per cent to 1,709 tonnes, while the export value increased 9 per cent to NOK 232 million.</p> <p style="font-weight: 400;">Brazil had the highest value growth in February, with an increase in export value of NOK 78 million, or 376 per cent, compared with the same month last year.</p> <p style="font-weight: 400;">The export volume to Brazil ended at 1,176 tonnes, which is 262 per cent higher than the same month last year. The increase to Brazil was spread across all species, with increased volumes of clipfish from cod, saithe, ling and tusk in February.</p> <p style="font-weight: 400;"><strong>Weak February for salted fish</strong></p> <ul> <li>Norway exported 1,400 tonnes of salted fish worth NOK 122 million in February</li> <li>The value fell by NOK 35 million, or 22 per cent, compared with the same month last year</li> <li>Volume fell by 41 per cent</li> <li>Greece, Portugal and Spain were the largest markets for salted fish in February</li> </ul> <p style="font-weight: 400;">The quota reduction is also reflected in lower export volumes of salted cod fish.</p> <p style="font-weight: 400;">The export volume of salted whole cod in February was only 656 tonnes, which is almost half that of the same month last year.</p> <p style="font-weight: 400;">Never before has an export volume of less than 1,000 tonnes been recorded in the month of February.</p> <p style="font-weight: 400;"><strong>Cod is losing ground to other species</strong></p> <p style="font-weight: 400;">"So far this year, as much as 40 per cent of the export value of salted fish is from species other than cod. Never before have other species accounted for such a high proportion of salted fish exports after the first two months of the year," says Seafood Analyst Eivind Hestvik Br&aelig;kkan of the Norwegian Seafood Council.</p> <p style="font-weight: 400;">Ling stands out as the second largest species, with an export value of NOK 61 million in January and February, representing 32 per cent of the total export value of salted fish so far this year.</p> <p style="font-weight: 400;"><strong>Decline in value and volume for stockfish</strong></p> <ul> <li>Norway exported 320 tonnes of stockfish worth NOK 103 million in February</li> <li>The value fell by NOK 8 million, or 7 per cent, compared with the same month last year.</li> <li>Volume fell by 18 per cent</li> <li>Italy, Croatia and the US were the largest markets for stockfish in February</li> </ul> <p style="font-weight: 400;">Italy had the highest value growth in February, with an increase in export value of NOK 3 million, or 4 per cent, compared with the same month last year.</p> <p style="font-weight: 400;">The export volume to Italy ended at 223 tonnes, which is 11 per cent lower than the same month last year.</p> <p style="font-weight: 400;">At NOK 352 per kg, the price of whole stockfish from cod is at a record high, NOK 7 per kg higher than the previous record month, which was the month before</p> <p style="font-weight: 400;">Demanding for the stockfish industry</p> <p style="font-weight: 400;">"Even with record-breaking stockfish prices, the situation for the stockfish industry is demanding. A sharp increase in raw material prices has created considerable uncertainty as to whether it will be possible to achieve an adequate price for stockfish in the markets. It is therefore uncertain how much stockfish will be produced this year", says Seafood Analyst Eivind Hestvik Br&aelig;kkan of the Norwegian Seafood Council.</p> <p style="font-weight: 400;"><strong>Solid growth for herring</strong></p> <ul> <li>Norway exported 26,666 tonnes of herring worth NOK 504 million in February</li> <li>The value increased by NOK 180 million, or 56 per cent, compared with the same month last year</li> <li>This is a growth in volume of 44 per cent</li> <li>Denmark, Germany and Poland were the largest markets for herring in February</li> </ul> <p style="font-weight: 400;">The volume growth is linked to increased landings so far this year and a periodisation of deliveries.</p> <p style="font-weight: 400;">"Major contracts were delivered to the German canning industry in February, resulting strong growth in exports to Germany. There was an increase of 533 per cent in volume and 564 per cent in value compared with February last year", says Jan Eirik Johnsen, Head of Pelagic Species at the Norwegian Seafood Council.</p> <p style="font-weight: 400;"><strong>Price decrease from January to February</strong></p> <p style="font-weight: 400;">There was a reduced average price, as it is frozen flaps (two fillets that are connected) of North Sea herring that are delivered at a lower price than the main product (frozen skinless fillets of Norwegian spring-spawning herring).</p> <p style="font-weight: 400;">"Otherwise, prices for several fillet products fell from January to February, and exporters are reporting that they are encountering resistance at the current price levels for herring products", says Johnsen.</p> <p style="font-weight: 400;"><strong>Export growth for marinated herring products continues</strong></p> <p style="font-weight: 400;">The growth in exports marinated herring products in January also continued in February.</p> <p style="font-weight: 400;">"Since the customs agreement with the EU came into force on 1 January, there has been a gratifying increase in exports after they had been hampered for a long time. In February, there was an increase in exports of vinegar-marinated products of more than 300 per cent in volume and more than 400 per cent in value compared to the same period last year", says Jan Eirik Johnsen.</p> <p style="font-weight: 400;"><strong>Large value increase for mackerel</strong></p> <ul> <li>Norway exported 18,067 tonnes of mackerel worth NOK 567 million in February</li> <li>The value increased by NOK 88 million, or 18 per cent, compared with the same month last year</li> <li>Volume fell by 11 per cent</li> <li>South Korea, Vietnam and China were the largest markets for mackerel in February</li> </ul> <p style="font-weight: 400;">Norwegian mackerel exports are characterised by a tight supply of both Atlantic and Pacific mackerel in the largest recipient countries, while demand is good.</p> <p style="font-weight: 400;">"This is driving prices upwards, and in February the average price for mackerel under 600 grams, which accounts for the vast majority of exports, passed NOK 30 per kg. This has never happened before", says Jan Eirik Johnsen, Head of Pelagic Species at the Norwegian Seafood Council.</p> <p style="font-weight: 400;"><strong>High prices are challenging in Japan and South Korea</strong></p> <p style="font-weight: 400;">In Japan and South Korea, the two most important markets for Norwegian mackerel, the high prices have now become demanding.</p> <p style="font-weight: 400;">"Not only has the price of imported Norwegian mackerel increased significantly, but local mackerel has increased even more as a result of low catches and small sizes that are not suitable for local consumption. That's why many people are worried that mackerel is becoming too expensive an everyday food for most people", says Johan Kvalheim, the Norwegian Seafood Council's envoy to Japan and South Korea.</p> <p style="font-weight: 400;"><strong>Historic month for king crab</strong></p> <ul> <li>Norway exported 223 tonnes of king crab worth NOK 183 million in February</li> <li>The value increased by NOK 87 million, or 91 per cent, compared with the same month last year.</li> <li>This is a growth in volume of 32 per cent</li> <li>The US, China and Canada were the largest markets for king crab in February.</li> </ul> <p style="font-weight: 400;">The 55 per cent quota increase and strong demand for Norwegian king crab in the US market have led to an increase in landings in the first two months of the year.</p> <p style="font-weight: 400;">Exports in February were one of the strongest ever for king crab, with an export value of more than NOK 183 million, only beaten by NOK 600,000 in August 2023. In comparison, 395 tonnes were exported then, compared with 223 tonnes this year.</p> <p style="font-weight: 400;"><strong>Record-high export prices</strong></p> <p style="font-weight: 400;">The limited availability of king crab in the US market has led to record-high export prices for frozen king crab in February," says Josefine Voraa, Head of Shellfish at the Norwegian Seafood Council.</p> <p style="font-weight: 400;">On average, the price was NOK 985 per kg, which is NOK 72 higher than the previous record month of January 2025.</p> <p style="font-weight: 400;">The export volume increased by 61 per cent to 143 tonnes, and as much as 96 per cent of the export volume of frozen king crab ended up in the US market.</p> <p style="font-weight: 400;">"Americans don't seem to be losing their appetite for king crab, even with sky-high prices and much turmoil in the market. Many would probably like to secure volumes from Norway before we enter a two-month break in regulated fishing before it resumes in May". says Anne-Kristine &Oslash;en, the Norwegian Seafood Council's envoy to the USA</p> <p style="font-weight: 400;"><strong>Volume decline and strong value growth for snow crab</strong></p> <ul> <li>Norway exported 1,923 tonnes of snow crab worth NOK 473 million in February</li> <li>The value increased by NOK 188 million, or 66 per cent, compared with the same month last year.</li> <li>Volume fell by 26 per cent</li> <li>The US, Denmark and Japan were the largest markets for snow crab in February</li> </ul> <p style="font-weight: 400;">Snow crab exports had the strongest single month ever, with an export value of NOK 188 million higher than the previous record month in February 2024.</p> <p style="font-weight: 400;">"In comparison, both landings and export volumes were 26 per cent higher in February last year than this year, but prices were nowhere near their current level", says Josefine Voraa, Head of Shellfish at the Norwegian Seafood Council.</p> <p style="font-weight: 400;">Shortage of snow crab in stock in the US</p> <p style="font-weight: 400;">Never before have such large volumes been exported at an average export price of NOK 246 per kg, a price increase of 127 per cent compared to February last year</p> <p style="font-weight: 400;">"A shortage of snow crab in stock in the US and an expected quota reduction in Canada have contributed to increased demand for Norwegian snow crab in the US market and higher prices for all sizes," says Anne-Kristine &Oslash;en, the Norwegian Seafood Council's envoy to the US.</p> <p style="font-weight: 400;"><strong>Norway and Alaska are the only suppliers to the US</strong></p> <p style="font-weight: 400;">Until the start of the Canadian season, Norway and Alaska are the only suppliers of snow crab to the US market.</p> <p style="font-weight: 400;">"The first volumes from this year's fishery have now arrived on the market, but the large volumes from Norway won't arrive until around mid-March", explains Voraa</p> <p style="font-weight: 400;">The USA was both the largest recipient of snow crab in February, with a share of 51 per cent, and the largest growth market with an increase in export value of NOK 108 million, or 85 per cent compared with the same month last year.</p> <p style="font-weight: 400;">The export volume to the USA ended at 971 tonnes, which is 11 per cent lower than the same month last year.</p> <p style="font-weight: 400;"><strong>Solid February for prawn</strong></p> <ul> <li>Norway exported 2,827 tonnes of prawn worth NOK 155 million in February</li> <li>The value increased by NOK 47 million, or 43 per cent, compared with the same month last year.</li> <li>This is a growth in volume of 88 per cent</li> <li>Denmark, Sweden and the UK were the largest markets for prawn in February</li> </ul> <p style="font-weight: 400;">February was another strong month for prawn exports. Exports of frozen raw industrial prawns to Iceland and Denmark showed the greatest growth in volume and value.</p> <p style="font-weight: 400;">"With declining supplies in Greenland, an increasing proportion of Danish imports and exports are being replaced by cold water prawns from other supplier countries. Large parts of the export of frozen, cooked shell-on prawns were also sent to Denmark before most went on to other markets", says Josefine Voraa, who is Head of Shellfish at the Norwegian Seafood Council.</p> <p style="font-weight: 400;"><strong>Peeled prawns were the largest product segment</strong></p> <p style="font-weight: 400;">The largest product in terms of value is processed prawns, also known as peeled prawns. The export value totalled NOK 71 million, which is an increase of NOK 19 million compared with February last year.</p> <p style="font-weight: 400;">The export volume ended at 722 tonnes, with the UK being the largest recipient with 271 tonnes, an increase of 82 tonnes or 43 per cent from February last year.</p> <p style="font-weight: 400;">"This means that the UK continues to grow as a prawn market and is now the largest market for Norwegian peeled prawns so far this year", says Voraa.</p>  1    Retail adrian.lazar@industriacarnii.ro 2025-04-02 00:30:50  2025-07-14 10:50:24  Details Edit Delete
1481  Strong growth for Norwegian salmon exports in May  Norway has exported salmon 81,000 tonnes of salmon that was worth NOK 6.1 billion in May, according to the Norwegian Seafood Council.  <p>Norway exported a volume of 10,500 tonnes of salmon to the European Union, while the total growth in volume was 8,400 tonnes or 12%.</p> <p>The Norwegian Seafood Council says that the export value increased by NOK 851 million or 16% compared with May last year. So far this year, 400,000 tonnes of salmon have been exported realising a total value of NOK 27 billion.</p> <p>While the average price for fresh whole salmon was NOK 69.76 per kg in May 2017, by May 2018 it had risen to NOK 73.73 per kg.</p> <p>Poland, France and Denmark were the largest export markets for Norwegian salmon in May. The United States also saw a strong rise in export value, up NOK 82 million or 24% compared to May last year. This represents the best May-month for export of Norwegian seafood to the United States ever.</p>  1    Industry 2018-06-24 12:05:48  2025-07-14 09:19:38  Details Edit Delete
3701  Strong demand for eggs in Brazil sinks export volumes  "The domestic market continues to absorb practically all production", observes the executive director of ABPA, Ricardo Santin.  <p>Low price animal protein such as eggs are in strong demand in the Brazilian market due to their affordability. As a result, export figures in February have dropped 67.7% in volume to 446 tonnes and by 54.2% in value, to $1,681 million, compared to the same month last year.<br />In the accumulated result for the year, as eggs reached 1,260 tonnes, the volume was 57.2% lower in relation to the first two months of 2019, with a total of 2,960 tonnes. Sales for the period generated revenue of $1.63 million, a balance 51.1% lower than that recorded in the first two months of 2019, with $3.34 million.</p> <p>&ldquo;The domestic market continues to absorb practically all production, which reduces the lower volume exported in relation to payment in 2019&rdquo;, analyzes the executive director of ABPA, Ricardo Santin. Among the main destinations for Brazilian exports, the United Arab Emirates bloc imported 159 tonnes in February and a balance of $ 162 million. Other destinations in the Middle East and Asia, such as Saudi Arabia with 64 tons, Thailand with imports of 55 tons and Japan, 22 tons, contributed to sales in the period.</p>  1    Industry 2020-03-17 13:19:57  2025-07-14 01:47:02  Details Edit Delete
4982  Strong demand for beef and sheepmeat foreseen by New Zealand  Prices in export markets are forecast to lift for both sheepmeat and beef, according to a report issued by Beef+Lamb New Zealand.  <p>The outlook for New Zealand's red meat exports remains positive, according to the latest forecast issued by Beef+Lamb New Zealand. &ldquo;The outlook is positive. Fundamentals in key markets are solid, as strong demand and tight supply mean prices in export markets are forecast to lift for both sheepmeat and beef,&rdquo; says B+LNZ&rsquo;s Chief Economist Andrew Burtt.<br />The outlook also forecasts average farm profit before tax to lift 9% in 2021&ndash;22, reflecting a 4% lift in gross farm revenue and increasing sheep revenue, including a modest lift in wool prices.</p> <p>&ldquo;However, the forecast for a stronger New Zealand Dollar (NZD) will offset some of the buoyancy in New Zealand&rsquo;s overseas markets and therefore limit increases in farm-gate prices,&rdquo;?Mr Burtt explains.<br />China remains a critical driver of red meat export performance in 2021&ndash;22. &ldquo;Demand from China and the US underpinned solid export returns in the latter part of the 2020&ndash;21 season as the economic recovery in both countries has been rapid and fuelling consumer confidence. China&rsquo;s demand for meat protein continues to be fuelled by pork shortages that have resulted from African Swine Fever (ASF) and also continues to be supported by growing consumer incomes and urbanisation,&rdquo; says Mr. Burtt.</p> <p>&ldquo;Overall, the positive outlook is underpinned by the global economic and foodservice recovery and tightening global beef supply,&rdquo; he added.</p> <p>The challenge in the new season remains the disruptions to supply chains and increased freight costs that are related to the global COVID-19 pandemic, the spread of the Delta variant and the impact on economic recovery. B+LNZ forecasts New Zealand&rsquo;s receipts from exporting red meat will be about $8 billion, slightly down on 2020&ndash;21.?While lamb export receipts are forecast to increase by 2.2% on 2020&ndash;21, beef and veal export receipts are forecast to decline by 7%, driven by a decline in production and the adverse impact of the high NZD on export values.</p> <p>The red meat sector&rsquo;s exports are critical to the New Zealand economy, and the COVID-19 uncertainty reinforces the need for stable and predictable domestic regulation to avoid putting pressure on the red meat sector. So far, farmer confidence is mixed. While on-farm profitability is positive, resilience is being tested by the volatility of adverse weather events and the extent of environmental regulation. Farmers are expected to spend an average of $491,300 on goods and services for their farms, up 3% on 2020&ndash;21.</p>  1    Industry 2021-09-29 08:36:35  2025-07-13 21:31:00  Details Edit Delete
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