Appetite for salmon is on the rise among Ecuadorians

Published Mar 18, 2023

Tridge summary

Ecuador has seen a significant increase in the consumption and availability of salmon in the 1990s and 2000s, with it becoming more affordable and common in supermarkets. The demand for salmon has experienced consistent double-digit growth over the last five years, despite its higher cost compared to other proteins. In 2022, Ecuador imported $6.6 million worth of salmon, marking a 12.2% increase from the previous year and an 80% increase from 2017. The majority of the salmon consumed in Ecuador is imported from Chile, with a small portion coming from the United States, the United Kingdom, Panama, and the European Union.

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Original content

In the 1990s and 2000s, finding salmon in Ecuador was very difficult and considered a luxury product, chef Quique Sempere said. Now, although it is an expensive product, it is more affordable for Ecuadorians. The supply of fish, which is farmed in cold marine waters, has grown in the local market. Now it is more common to find it in supermarkets. For example, the Supermaxi and Megamaxi chain, owned by Corporación Favorita, sells fish in various presentations. "The demand for salmon has had sustained double-digit growth over the last five years, despite being a product that has a relatively higher outlay compared to other types of proteins," he assured EXPRESO Corporación Favorita. The diversity of product presentations has been another advantage for the customer, says the company, because it allows it to be purchased in individual bulk and packaged portions or in pound cases. The growth in salmon consumption in Ecuador is also evident in imports of the product. In 2022, the ...

Source: Expreso