1. Norwegian Ministry of Fisheries and Coastal Affairs INTERNATIONAL COLDWATER PRAWN FORUM 2004 London 18 th November 2004 Norwegian Minister of Fisheries and Coastal Affaires Mr Svein Ludvigsen

2. Norwegian Ministry of Fisheries and Coastal Affairs The Riches of the Sea – Norway`s Future Global shrimp supply Source: FAO

3. Norwegian Ministry of Fisheries and Coastal Affairs The Riches of the Sea – Norway`s Future Cold water prawn – share of total supply 4 300 000 tonnes 8%

4. Norwegian Ministry of Fisheries and Coastal Affairs The Riches of the Sea – Norway`s Future Catch of cold water prawns in 2003 (2002) USA* 20 000 (20 000) The Baltic states 20 000 (20 000) Iceland 29 000 (35 000) Canada* 159 000 (146 000) Russia 12 000 (14 000) Greenland 155 000 (153 000) Faro Isles 14 000 (10 000) Norway 68 000 (69 000) * Incl some other species than P. borealis

5. Norwegian Ministry of Fisheries and Coastal Affairs The Riches of the Sea – Norway`s Future Share of supply to industrial and consumer markets 2003 Catch 460 000 tonnes Consumer 160 000 tonnes Industrial 300 000 tonnes 35 %65 %

6. Norwegian Ministry of Fisheries and Coastal Affairs The Riches of the Sea – Norway`s Future Challenges We cannot expect significant increases in catch volumes Suppliers are all struggling to gain a solid foothold on a market that seems rather static We tend to compete on the same markets, with the same product Growing competition from farmed prawns – more than 30 per cent of total supply Consumer demands and awareness are growing stronger

7. Norwegian Ministry of Fisheries and Coastal Affairs The Riches of the Sea – Norway`s Future New markets Sustainability Business and politics

8. Norwegian Ministry of Fisheries and Coastal Affairs The Riches of the Sea – Norway`s Future Photos: Norwegian Seafood Export Council The power of the consumer is growing. Consumers all over the world are aware, awake and demanding

9. Norwegian Ministry of Fisheries and Coastal Affairs The Riches of the Sea – Norway`s Future Biotec’s standard enzyme 4,000 litres of thawing "prawn water" is necessary to produce 30 kilo dry substance which in the end will yield 1 gram of ultra-pure enzyme