Norway Seafood Industry Outlook 2022 - 2026

Key Market Indicators

By 2026, Norway's seafood export is forecast to reach a staggering $13.6 billion, a 2% year-on-year average growth since 2021 when it was worth $11.9 billion. Since 2000, the country has seen a steady increase in supply, with a 2.6% year-on-year growth. Norway came in second place in 2021, with China taking the lead at $11.9 billion. India and Vietnam followed in third and fourth place respectively. Norwegian seafood import is also expected to reach $420 million by 2026, with a 0.4% year-on-year CAGR since 2021 when it was worth $405 million. Since 2000, the country's demand for seafood has risen 1.2% year-on-year. Norway ranked 30th in 2021, with Greece surpassing it at $405 million. Japan, China and Spain took second, third and fourth place respectively.

Norway Seafood Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

• Seafood Industry: Exploring Trends, Challenges and Opportunities in Processing and Retailing

  In recent times, there has been a notable shift in the global seafood industry. Enhanced consumer awareness about the health benefits of protein-rich and omega-3 fatty foods has boosted the demand for seafood products. Meanwhile, increasing investment in advanced technologies like novel packaging has reinvigorated seafood processing activities. Innovations such...

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• Fish & Seafood Wholesaling and Retailing: Unraveling Growth Strategies and Market Trends

  Consumer preference for healthier, protein-rich diets, coupled with growing awareness of environmental sustainability, has been driving the demand for fish and seafood. Improved technologies in preservation, packaging, and distribution have enhanced shelf-life and regional reach in the wholesaling and retailing segment of this market and have allowed for more competitive...

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• Aquaculture Industry: Market Trends, Water Treatment Techniques, and Competitive Forecast Analysis

  Dwindling wild fish stocks and a growing global population have amplified demand for aquaculture, pioneering strong market trends. Technological innovation, primarily in fish farming techniques, is one of these most notable developments. Integrated Multi-Trophic Aquaculture (IMTA), where various species are farmed together, is gaining prominence as it mirrors natural ecosystems...

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• Seaweed Sector Explored: Captivating Insights into Global Growth and Market Trends

  The international marketplace for seaweed is experiencing robust growth propelled by diverse factors. These include the increasing utilization of seaweed as a key ingredient in the food and beverage industry, a burgeoning biofuel sector, and the cosmetic industry's growing preference for natural products. Seaweed's rich nutrient content, coupled with its...

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• Seafood Markets Innovation: Unveiling Predictive Trends and Opportunities

  In the present era, the seafood industry is undergoing significant transformations. Factors such as population growth, urbanization, and increasing consumer preferences towards seafood products are driving these changes. Alongside, technological advancements, efficient supply chain management, and consumer-driven innovations are reshaping the market dynamics. The notable trend includes the adoption of...

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