The export of cod from Norway to Portugal approached 124,000 tons in 2023, which is equivalent to 36% of the total exported, according to data from the Norwegian Seafood Council (NSC).
“In 2023, the export of cod from Norway to Portugal was 123,900 tons, which represents 36% of the total exported,” he said in a statement.
According to the same note, in 2024, as was the case last year, the trend will be towards the consumption of grown cod, “given the abundance of this category”.
At the end of last year, the NSC told Lusa that exports of (whole) salted and dried cod from Norway to Portugal reached 17,915 tons, a drop of 15% compared to 2022, but the price rose 16%.
Meanwhile, exports of salted cod stood at 17,836 tons, down 4%, with the price rising 24%, while exports of frozen cod fell 7% to 2,877 tons, with the respective value also rising 24%.
Exports of fresh/chilled cod from Norway to Portugal totaled 922 tons, a decrease of 63%, but the price grew by 30%.
In the statement released today, the NSC also pointed out that this year cod fishing quotas have been cut by between 20% and 25%, to 218,000 tons.
“This represents a challenge for buyers who will have to face up to the great competition given the lower availability of the species,” he stressed.
The NSC is a public company owned by the Norwegian Ministry of Trade, Industry and Fisheries.