UK: Scottish salmon exports to Asia doubled in Q1

Published 2023년 5월 22일

Tridge summary

Scottish salmon exports to Asia have doubled to £24m, with China, Taiwan, Singapore, and South Korea driving the demand. The EU continues to be the largest market, but North America and Asia accounted for nearly half of all sales in the first quarter of the year. The value of exports to the Asia region has increased by £12m, with a 97% increase in the volume of fish transported. Salmon Scotland is optimistic about the growth potential in North America and Asia. The trade body also has a growth plan for Scotland’s premium “Label Rouge” salmon in European markets.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Scottish salmon exports to Asia have more than doubled to £24m in response to growing demand, new HMRC figures show. European destinations continue to dominate as the main international market for Scottish farmed salmon. However, North America and Asia accounted for nearly half (47%) of all sales in the first three months of this year, driven by strong demand from China, Taiwan, Singapore, and South Korea. The value of exports to the region has soared by £12m, accompanied by a 97% increase in the volume of fish transported. Trade body Salmon Scotland said the figures show that farm-raised salmon “generates vital income for the country”. Fresh, whole Scottish salmon export sales between January and March reached £134 million, an 18 per cent increase from the same period in 2022. The EU remained the dominant market, with over half of the sales, followed by North America (29 per cent) and Asia (18 per cent). Further analysis indicates China and Taiwan individually added a combined ...

Source: Fishfarmermagazine