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Norway gaining ground in US salmon market, new import numbers reveal

Overall, US imports of Atlantic salmon were flat during the first half of the year, but the value of imports jumped considerably.

Through the first half of the year, the volume of US Atlantic salmon imports was on par with the first half of 2016, but the value of these imports rose considerably thanks to continued higher global farmed salmon prices.

During H1, the United States imported 148,029 metric tons of Atlantic salmon, slightly less than the 148,292 metric tons imported during the same period in 2016, according to new data from the National Marine Fisheries Service (NMFS).

The value of these imports rose more than 26 percent, however, to $1.6 billion (€1.3 billion), reflecting the strong pricing of farmed salmon in the global marketplace.

Imports of fresh salmon fillets, which account for roughly half of all Atlantic salmon imports into the US market, fell nearly 6 percent in volume to 65,272 metric tons, compared to the same period a year ago. The value of the imports grew more than 24 percent, however, to more than $817 million (€687 million).

Chile’s exports of fresh salmon fillets to the US market hit 46,306 metric tons through June, a 6.7 percent drop from a year ago. The value, however, rose nearly 25 percent to more than $575 million (€483 million).

Imports of fresh, whole salmon, which are dominated by Canada, grew to 59,238 metric tons through June, up from 56,274 metric tons the year before.

The jump in volume, however, was led by Norway – not Canada. 

Imports of Norwegian fresh whole Atlantic salmon rose more than 92 percent during the first half of the year to 8,977 metric tons. 

By comparison, Canada sent over 34,620 metric tons during the period. However, that represented a nearly 14 percent drop in exports from the country, clearly showing that Norway has stolen some market share.

Norway also boosted its exports of frozen Atlantics as well.

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