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Discover who the winner of this festive dish is in our most recent Christmas taste tests. Join the global community relying on Undercurrent News for quality reporting. This means just over 48% of all Chilean salmon has found its way to the US year-to-date. 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We use MailChimp as our email campaign platform. Spot prices for Chilean fresh whole salmon have dropped by an average of 28% year-on-year; in comparison, whole fish from Norway, Canada and the Faroe Islands have only seen value drop by 10%, 4% and 3% respectively. Please check your inbox to reset your password securely and easily. Chile Económico aims to promote responsible cross-border trade & investment by facilitating the transparent flow of information to and from Chile. Tom Seaman, editorial director and co-founder of webinar host Undercurrent News, said information from MOWI (the world’s largest producer of farmed salmon) indicates Chile's stockpile is about 55,000 metric tonnes. Is It Safe to Eat Imported Chilean Salmon, Seafood - Bloomberg Raw or cooked, Chilean Salmon delivers consistent quality all year round, making it the perfect protein for delicious, nutritious, memorable culinary moments. Salmon Farming in Chile: The Ugly Truth | The Borgen Project "In this period of 2019, exports of Atlantic were 539,000t in WFE [whole fish equivalent], but this year until October it has been 568,000t WFE. Transfer the … Price-wise, Chile has seen greater losses than other major salmon-producing nations, according to data presented by Oddvar Husby, leader of data science at software provider Maritech. Chile hopes low salmon prices will win over new US consumers in 2021 By Dan Gibson Dec. 14, 2020 15:17 GMT In what has been a torrid year for Chilean salmon … We use cookies for performance, security and analytics. "So I think that the main drivers of the long-term growth that we've seen in the US over the last 10 years are still valid. ", "We were seeing an everyday price from $8.99-$10.99 [per pound] a year ago, and during the last three years we have seen relatively high prices," he continued. In total, salmon volumes sold in US retail have also risen by 35-40% compared to 2019. Salmones Austral saw revenues dip 14% to $45.8 million and Multiexport Foods… Roast sweet chili salmon to make tasty tacos and rice bowls Credit: Maritech, DataSalmon. Click to enlarge. Salmon marinated in a spicy-sweet mix of brown sugar, soy sauce, ginger and chile is roasted along with potatoes for a quick and healthy dinner. Similarly, when compared to the US performance of Norwegian salmon fillets, Chilean fillets have notably been unable to maintain similar price points over the year (right). Chilean salmon farming company Nova Austral’s revenues increased 26% to $39.7 million but cost of goods sold outpaced the revenue increase, increasing by 32 percent year-over-year to $37.3 million. This year, DataSalmon's data shows that while the total imports of fresh salmon have increased by 1% in the US, fresh Chilean exports to the country have increased by 13% over the first 10 months compared to 2019 (right). That's the view seen with Chilean customs data shows, which was presented at a separate webinar hosted by Sea Data Center on Dec. 10. Salmones Austral saw revenues dip 14% to $45.8 million and Multiexport Foods posted a loss of $12.2 million. According to projections by the Food and Agriculture Organization of the United Nations, an additional 30 million tons of aquaculture products will be needed for human consumption over the next decade. Top export destinations include the United States (which imports more than 90 percent of its seafood), Japan, Russia and Brazil. In contrast, exports to the next largest market, Brazil, have remained largely flat, down 3% in volume and 33% in value for 2020 compared to last year. Country most adversely affected by the pandemic in 2020 of 2019 saw farmed Atlantic salmon prices fall steeply throughout summer. In total, salmon volumes sold in US retail have also risen by 35-40 compared... 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