On-the-Ground Updates

Despite the Global Crisis, a New Super Cycle is Anticipated for Chilean Salmon

Salmon
Chile
Market & Price Trends
Carlos Palma
Published Aug 1, 2022
Industry experts claim that Chilean Salmon will face a Super Cycle this year and that the supply growth will be limited over the next five years with only a 2-4% YoY increase. Forecasts indicate that the prices of Chilean salmon will increase due to the limited supply and higher demand because of the lower consumption of red meat. The local economy in the European Union and the United States is recovering, which will create an increase in demand for salmon. Chinese demand for Chilean Salmon is still uncertain for the second half of this year since COVID-19-related lockdowns and import restrictions are not yet reinstated.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.