Chilean fishing sector registers exports for USD 1,841 million in 2021

Published Jan 31, 2022

Tridge summary

The Chilean fishing and aquaculture sector saw a 4.4% increase in exports in 2021, reaching USD 1,841 million, despite a 1.7% decrease in production volume. The sector saw growth in sales of frozen horse mackerel and mussels, as well as omega 3 concentrates. However, there was a 13% decrease in fishmeal exports due to the closure of fishing zones. The jack mackerel fishery, which is now fully exploited, has seen a sustained recovery for the past seven years and has achieved sustainable international certification.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By Editorial PortalPortuario.cl, @PortalPortuario, The National Fisheries Society (Sonapesca F.G) reported that exports from the fishing and aquaculture sector of mussels and algae (not salmon) recorded sales of USD 1,841 million during 2021. The foregoing would be equivalent to an increase of 4.4% in relation to 2020, which is explained by the average price that reached USD 2.14 per kilo, 6.3% higher than in 2020. This despite the fact that the volume of production exported decreased by 1.7%., In line with what was communicated, Sonapesca F.G highlighted the 63% increase in sales of frozen horse mackerel, equivalent to USD 246 million, in addition to an increase in volume of 227 thousand tons (24% more than in 2020). The main markets for this product were African countries such as Nigeria, Ivory Coast, Ghana and Burkina Faso among the most relevant. In this context, Héctor Bacigalupo, general manager of Sonapesca, explained regarding jack mackerel that “the resource is in good ...

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