China may become Iceland's largest market for farmed salmon once free-trade agreements (FTA) allow for exports of the species, Icelandic producers told IntraFish.

"There is a demand for salmon products in China," said Laxar CEO Jens Helgason. "Having China as one of the customers in the portfolio is definitely an advantage and [it] may become one of the main players for Iceland's farmed salmon."

Last month, Iceland Minister of Fisheries Kristján Þór Júlíusson signed three new protocols to the existing free-trade agreement with China that will soon allow for Icelandic salmon exports to the country.