echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > Chilean salmon exports increased by 30% in the third quarter, and the future market may be full of turbulence

    Chilean salmon exports increased by 30% in the third quarter, and the future market may be full of turbulence

    • Last Update: 2022-11-26
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Chile exported 164,730 tonnes of salmon trout in the third quarter of 2022, up 18.
    1% year-on-year, and exports amounted to US$1.
    54 billion, up 31.
    2%
    year-on-year, according to the Chilean Salmon Council.
     
    Among them, Atlantic salmon exports were 141,057 tons, accounting for 85.
    6%, with an export value of 1.
    34 billion US dollars
    .
    Exports of rainbow trout and coho salmon amounted to 5,983 tons and 17,689 tons, respectively, with an export value of US$63 million and US$132 million
    , respectively.
     
    "Salmon trout exports have shown positive growth for six consecutive quarters
    ," the association reported.
    The third quarter was strong in terms of export prices and volumes, with prices in the current quarter down slightly from the previous quarter but still at a high level
    .
     
    The association warned that a "hazy and volatile" scenario in the market ahead characterized by persistently high inflation and high production costs, extremely high fuel prices and many unresolved logistical woes would create a major recession risk
    .
    "During this period, costs will also continue to rise, and transportation costs to final consumption destinations have also increased significantly, mainly due to
    high fuel prices, logistical difficulties, and higher prices of feed ingredients.
    "
     
    Salmon feed costs have risen by about 30% since the whole year, with ingredients such as vegetable and soybean oil rising significantly, reaching record highs
    in 2022.
    "The global economic situation is becoming increasingly volatile and uncertain, which has profoundly affected salmon sales
    .
    More than ever, we should develop a long-term strategy to promote the sustainability of productive activities, preserve healthy competition, and promote employment and industrial progress, especially in southern Chile
    .
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.