China's Atlantic salmon imports reach record levels in 2023

Frozen Whole Atlantic Salmon

Fresh Whole Atlantic Salmon

Seafood

China

Market & Price Trends

Published Feb 2, 2024

Tridge summary

In 2023, Norway continued to be the top supplier of fresh and chilled salmon to China, holding a 49% market share. China also became Norway's largest salmon export destination, surpassing Japan and Korea. Chile was the second largest supplier to China, followed by Australia, the Faroe Islands, and the UK. These five countries together accounted for 97.5% of China's salmon imports.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

A total of 39,435 tonnes of fresh and chilled salmon were imported from Norway, maintaining its position as the leading supplier for several years in a row. In 2023, the market share of fresh and chilled Atlantic salmon of Norwegian origin reached 49 percent, up 1 percent from 2022. For the first time, the Chinese market has surpassed the Japanese and Korean markets to become Norway's number one salmon export destination. In the three main markets of Beijing, Shanghai and Guangzhou, the wholesale price for Norwegian salmon was 130–150 RMB/kg (about US$18–21/kg) in December 2023. The retail price of salmon sashimi in the Shanghai market varies - it was around RMB 300/kg (about US$42/kg). Salmon of Chilean origin ranked second in terms of market share, with China importing 17,282 tonnes in 2023. This represents an increase of 2.6 times compared to 2022, and the market share has further increased to 21.6 percent. This growth can be attributed to cost advantages and optimization of ...

Source: Fishretail