Publisher: Nofima AS
Number of pages: 35
International Standard Numbers:
Open Access: green
This rapport sums up empirical findings on the relationship between external factors and financial performance in the Norwegian fish processing industry. The Norwegian fish processing industry achieve competitive advantages as a result of well-managed fish populations and highly productive aquaculture locations. However, being located in Norway also causes some disadvantages related to barriers to seafood trade and high labour costs, explaining loss of jobs and poor financial performance among the fish processors. Flexible firms able to adapt to biological uncertainty and changes in consumers preferences are the most profitable. We also observe that foreign suppliers to a lager extent are conquering the Norwegian seafood market.
Based on the literature review and empirical findings the report recommend further studies on explaining the increased seafood import, how labour market developments and technological changes impact the organizing of the value system, and how public involvement and infrastructure changes impact the possibility for processors located in Norway to exploit competitive advantages and avoid disadvantages.