Market Share for Norwegian Salmon Grows in US, Shrinks in EU as Buyers Plug Chilean Production Gap
SEAFOODNEWS.COM by Michael Ramsingh - February 7, 2017
The US market share for Norwegian salmon continues to grow even though output is down. These factors, with support from favorable exchange rates, have caused Norway’s salmon exports to European markets to shrink.
According to the Norwegian Seafood Export Council the total value of Norwegian salmon sales to overseas markets in January was US$640 million, a 25 percent increase over last year.
At the same time, Norway’s exported salmon volume was down to just over 70,000 metric tons. The decline in salmon shipments dragged Norway’s total seafood export volume down by 11 percent...
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