Increases in global salmon supply in the last few years and the consequent drop in prices led a number of Chilean salmon producers to report negative results in their aquaculture operations for the first nine months of 2015.
Total production of Atlantic salmon in 2014 was 2.2 bilion metric tons (WFE), a 9 percent jump from 2013’s volumes, with Chile and Norway accounting for 80 percent of the total.
Both countries have been hit by the same kind of issues: disease, anti-trust crises due to antibiotic use in some parts of the industry, and fragmentation of the sector, and although they have fought crises individually, they are both looking at the same solutions.
Right now, oversupply is a problem for salmon farmers, and global production growth is slowing down for the first time in the last decade.
In 2016, global salmon supply will only grow 0.7 percent year-on-year, compared with an annual growth between 6 and 12 percent during the last ten years.
How will a decrease in salmon production affect prices? What role will it play in the consolidation of the industry both in Norway and Chile?
Find the answers to these questions in The World’s Top Salmon Producers report produced by IntraFish.
In it, you will find indepth information on the sector and its main players and challenges, along with analysis and statistics revealing the next steps for the world’s 25 largest producers.
In addition, the report provides:
- Forecasts for world salmon production in 2016 and beyond;
- An analysis of global salmon demand: prices, markets, product development;
- A look at the impact of Russian sanctions on the global salmon trade; and
- An overview of the largest transactions in the sector during the past 18 months including Mitsubishi-Cermaq; Nova Austral-Ewos; Aquinova-Marine Harvest; and the terminated Aqua Chile-Marine Harvest Chile merger
Click here to learn more about this report and order your copy today.
