Salmon Market Report - January 2009 [January 2009]
Speculations about sharp reductions in 2009 salmon production
The farmed salmon market is dominated by speculation about 2009 and whether the reduction in Chilean production will reduce total global supply and therefore push prices higher than today’s levels. In 2008, supply has increased both from Norway and Chile, but in the case of Chile mainly because of accelerated harvesting of fish with the result that 2009 output will be much less than forecasted previously.
Salmon Market Report - February 2008 [February 2008]
The period between November 2007 and January 2008 has been a particularly turbulent one for the farmed salmon market. After a prolonged phase of strong supplies, the increased demand around Christmas, coupled with the bad weather, resulted in a decline in salmon supplies. Therefore, prices picked up between mid-December and mid-January. However, towards the end of January, supplies of Norwegian salmon started to increase once again against a diminishing demand, thus leading prices to fall by 10 percent. At the time of the preparation of this report (mid-February 2008), prices were still declining.
Salmon and Trout Market Report, September 2007 [September 2007]
Growing exports In the first semester of 2007, Chilean exports of salmon and trout totaled 276 843 tonnes worth US$ 1 284.9 million. These levels represent a 18.7% growth in terms of volume and a 24% increase in value compared to the same period in 2006. At the same time, the value figure accounted for 63.9% of the total income from Chilean exports of fishery products.
The EU salmon market is dominated by imports of fresh, whole (gutted) products, mostly from Norway, imports of Norwegian fresh salmon representing nearly 70 percent of total EU salmon imports from non-EU countries. In January-June 2007 Norway exported 238 600 tonnes of fresh salmon to the EU (live weight), a 19 percent increase from the same period of the previous year.
Salmon continues to bring profits to producers in 2006 2006 was again an excellent year for farmed salmon producers; demand was good in most markets but the real explanation can be found on the supply side with only a modest increase in total farmed salmon production. Norway continues to be the world’s largest salmon producer with increased production and export volumes and values in 2006.
