fbpx
Wednesday, May 22, 2024
HomeForeign TradeExport value of salmon, white fish plunges amid fish feed bonanza

Export value of salmon, white fish plunges amid fish feed bonanza

During the first seven months of 2023, the Faroes exported fish products worth 6.6 billion DKK (885 million EUR), more than a 6-percent increase on the corresponding period last year, which saw a total export value of 6.2 bln. DKK (832 mln. EUR).

According to Statistics Faroe Islands, the largest growth was registered in categories ‘Mink Feed and Other Fish Produce’ i.e. primarily fish feed, and ‘Other Fish’ i.e. mostly fishmeal and marine oil. 

Thus exports of fish feed, fishmeal and marine oil increased by 882 mln. DKK (118.3 mln. EUR) or a whopping 76 percent. During the same period, meanwhile, the export value of farmed salmon nose-dived by eight percent or 255 mln. DKK (34.2 mln. EUR) with the quantity decreasing by as much as one-fifth, down to 7,283 tonnes.

Read more…

RELATED ARTICLES

Most Recent

This website collects data via Google Analytics. Click here to opt in. Click here to opt out. ?