Chile’s Coho Salmon Exports Drop 19% YoY in Oct-23 Amid Projected Harvest Increase for the 2023/24 Season

Chile's coho salmon exports in Oct-23 witnessed a notable decline of 19% compared to the same month the previous year, with 18.48 thousand metric tons (mt) exported in 2023, compared to 22.82 thousand mt in Oct-22. This drop is noteworthy, especially in light of the projected 29% harvest increase for the 2023/24 season. The observed decrease in exports suggests a substantial buildup of finished product inventories in refrigerators in Chile.