Chile: Market for Frozen Atlantic Salmon And Danube Salmon 2022

Market Size for Frozen Atlantic Salmon And Danube Salmon in Chile

After three years of decline, the Chilean market for frozen atlantic salmon and danube salmon increased by X% to $X in 2021. Over the period under review, consumption recorded a strong increase. Consumption of peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Frozen Atlantic Salmon And Danube Salmon in Chile

In value terms, production of frozen atlantic salmon and danube salmon surged to $X in 2021 estimated in export price. Over the period under review, the total production indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Production of peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Frozen Atlantic Salmon And Danube Salmon

Exports from Chile

In 2021, the amount of frozen atlantic salmon and danube salmon exported from Chile declined dramatically to X tons, dropping by -X% on the year before. Overall, total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2020, and then shrank rapidly in the following year.

In value terms, exports of frozen atlantic salmon and danube salmon reduced to $X in 2021. In general, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for exports of frozen atlantic salmon and danube salmon from Chile, accounting for a X% share of total exports. Moreover, exports of frozen atlantic salmon and danube salmon to Russia exceeded the volume sent to the second major destination, Thailand (X tons), fivefold. China (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+X% per year) and China (+X% per year).

In value terms, Russia ($X) remains the key foreign market for frozen atlantic salmon and danube salmon exports from Chile, comprising X% of total exports. The second position in the ranking was held by China ($X), with an X% share of total exports. It was followed by Thailand, with an X% share.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Thailand (+X% per year).

Export Prices by Country

The average export price for frozen atlantic salmon and danube salmon stood at $X per ton in 2021, picking up by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Atlantic Salmon And Danube Salmon

Imports into Chile

In 2021, supplies from abroad of frozen atlantic salmon and danube salmon increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of frozen atlantic salmon and danube salmon skyrocketed to $X in 2021. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Norway (X tons) and Ireland (X tons) were the main suppliers of imports of frozen atlantic salmon and danube salmon to Chile.

From 2012 to 2021, the biggest increases were in Ireland (with a CAGR of +X value terms, Ireland ($X) and Norway ($X) were the largest frozen atlantic salmon and danube salmon suppliers to Chile.

Ireland, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average import price for frozen atlantic salmon and danube salmon stood at $X per ton in 2021, waning by -X% against the previous year. Overall, the import price, however, recorded a resilient increase. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then dropped in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Ireland ($X per ton), while the price for Norway amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (-X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :