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.