Tridge summary
The article highlights a decline in Chile's agricultural exports, with particular losses in salmon and trout exports, fish oil, and algae. Despite these setbacks, there was resilience in some sub-sectors, with increases in mussel, cuttlefish, deep-sea cod, and hake exports. Brazil, Spain, and France were highlighted as the fastest-growing markets, with Spain showing the largest increase in shipments. In contrast, exports to the US, China, Japan, and Mexico experienced significant declines.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The decline was primarily due to a noticeable decline in salmon and trout exports, which amounted to $454 million, a fall of 17.1%, as well as sales of fish oil (down 47.8% to $33 million) and algae (down 47.5 % up to $11 million). Fishmeal sales also fell 11.7% to $53 million, as did mackerel exports by 16.4% to $36 million. However, some sub-sectors showed resilience and helped mitigate the overall decline, according to ProChile. Mussel sales increased by 7.9% to $35 million. Cuttlefish exports increased by 17.8% to $20 million. Deep-sea cod exports increased by 45.9% to $10 million, and hake exports increased by 7.6%. reaching $3 million. Among the fastest growing markets, Brazil stood out with imports of $81 million, an increase of 17.4%. This growth was driven primarily by salmon and trout exports, which totaled $79 million, an increase of 19.7%. Brazil accounted for 11.9% of total exports for the month. Spain was the second largest destination market with $32 million in ...
Source: Fishretail
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
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.