Norway: Market for Fresh Or Chilled Salmonoids Fillets 2025

Market Size for Fresh Or Chilled Salmonoids Fillets in Norway

The Norwegian market for fresh or chilled salmonoids fillets shrank to $X in 2022, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of +5.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Fresh or chilled salmonoids fillets consumption peaked at $X in 2021, and then reduced modestly in the following year.

Production of Fresh Or Chilled Salmonoids Fillets in Norway

In value terms, fresh or chilled salmonoids fillets production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +5.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 58% against the previous year. Fresh or chilled salmonoids fillets production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports from Norway

In 2022, shipments abroad of fresh or chilled salmonoids fillets was finally on the rise to reach X tons after two years of decline. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 583%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, fresh or chilled salmonoids fillets exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 660%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Finland (X tons), Sweden (X tons) and Denmark (X tons) were the main destinations of fresh or chilled salmonoids fillets exports from Norway, together comprising 99% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +151.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fresh or chilled salmonoids fillets exported from Norway were Finland ($X), Sweden ($X) and Denmark ($X), together comprising 99% of total exports.

Among the main countries of destination, Sweden, with a CAGR of +153.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for fresh or chilled salmonoids fillets stood at $X per ton in 2022, surging by 3.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2013 an increase of 42%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh Or Chilled Salmonoids Fillets

Imports into Norway

In 2022, the amount of fresh or chilled salmonoids fillets imported into Norway surged to X tons, jumping by 378% on 2021. Over the period under review, imports, however, continue to indicate a abrupt decrease. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, fresh or chilled salmonoids fillets imports soared to $X in 2022. Overall, imports, however, showed a deep slump. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest fresh or chilled salmonoids fillets supplier to Norway, with a 54% share of total imports. Moreover, fresh or chilled salmonoids fillets imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Brazil (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands amounted to +61.2%.

In value terms, the Netherlands ($X) constituted the largest supplier of fresh or chilled salmonoids fillets to Norway, comprising 40% of total imports. The second position in the ranking was held by Brazil ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to +16.3%.

Import Prices by Country

In 2022, the average import price for fresh or chilled salmonoids fillets amounted to $X per ton, with an increase of 2.7% against the previous year. Overall, the import price, however, recorded a deep downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by 6.4% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+209.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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