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    Home > Food News > Food Articles > Chilean salmon prices continue to firm, mussel exports setback

    Chilean salmon prices continue to firm, mussel exports setback

    • Last Update: 2022-04-17
    • Source: Internet
    • Author: User
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    The Russian-Ukrainian crisishas lasted for nearly two weeks, and the attention of the aquaculture industry seems to have cooled down .
    Since 2014, Russia has banned the import of salmon from Norway , and the market share is fully occupied by Chile and the Faroe Islands .
    However, in the past two years, Russia has revised its import policy several times, causing some Chilean producers to reduce their share of Russian exports year by year .
     
    According to the statistics of the Chilean association SalmonChile, about 7% of Chilean salmon is exported to Russia
    .
    A source pointed out that the current global demand for salmon is strong.
    May will usher in the peak consumption period in the United States, and the firm price trend is expected to continue into the second quarter of this year.
    Therefore, the industry needs to pay more attention to breeding costs and red tide issues
    .

     
    "If there is no red tide this year, everything will be fine
    .
    " UB data shows that the wholesale price of Miami in the United States has continued to rise since the beginning of this year, and it has now risen to a high of $7-8/lb.
    This price range has lasted for several weeks, and has not seen a significant showing signs of decline
    .
     
    On the other hand, the Chilean industry is also more concerned about the country's political situation, because the new government will be announced in April
    .
    The new president, Gabriel Boric, is a socialist who during his campaign promised a sweeping overhaul of Chile's own market economy, possibly nationalizing some natural resource industries such as copper mines
    .
    In 2021, Boric also highlighted the environmental problems caused by salmon farming, but did not propose specific policies at the time
    .
     
      In addition, Chilean non-political groups have drafted a new constitution that involves changes to laws on private property ownership that could lead to further private capital outflows
    .
    In the third quarter of this year, Chile will hold a full referendum on a new constitution, before a salmon asset acquisition or major investment is unlikely
    .

     
      In Chile, the salmon industry contributes more than 70,000 jobs and generates billions of dollars in export earnings for the country
    .
    In terms of trade, Russian, Belarusian and Ukrainian importers have encountered some difficulties, mainly the inability to use the digital payment system Stripe
    .

     
      Chilean mussel export woes
     
      Chilean mussels are more difficult to export than salmon
    .
    According to ProChile, Chilean mussel exports will be worth about $272 million in 2021, of which one third will go to Russia and Ukraine
    .

     
      Esteban Ramirez, president of Intesal, the technical department of the Chilean Mussel Producers Association, said: "There have been many problems with the export of mussels.
    We ship to importers and customers have an intention to buy, but they are unable to pay
    .
    "
     
      There are relatively few alternative market options for Chilean mussels, with major export destinations currently including Russia, Ukraine, the European Union (Belgium) and a small portion of the US market
    .
     
      However, for single mussel products, the consumption level in the United States is very low, with only 3-4 mussels per capita per year, far lower than the level of other countries, and most of the market promotions have ended in failure
    .
    Aquatic event import salmon export
     
      According to the statistics of the Chilean association SalmonChile, about 7% of Chilean salmon is exported to Russia
    .
    A source pointed out that the current global demand for salmon is strong.
    May will usher in the peak consumption period in the United States, and the firm price trend is expected to continue into the second quarter of this year.
    Therefore, the industry needs to pay more attention to breeding costs and red tide issues
    .

    price
     
      "If there is no red tide this year, everything will be fine
    .
    " UB data shows that the wholesale price of Miami in the United States has continued to rise since the beginning of this year, and it has now risen to a high of $7-8/lb.
    This price range has lasted for several weeks, and has not seen a significant showing signs of decline
    .

     
      On the other hand, the Chilean industry is also more concerned about the country's political situation, because the new government will be announced in April
    .
    The new president, Gabriel Boric, is a socialist who during his campaign promised a sweeping overhaul of Chile's own market economy, possibly nationalizing some natural resource industries such as copper mines
    .
    In 2021, Boric also highlighted the environmental problems caused by salmon farming, but did not propose specific policies at the time
    .
     
      In addition, Chilean non-political groups have drafted a new constitution that involves changes to laws on private property ownership that could lead to further private capital outflows
    .
    In the third quarter of this year, Chile will hold a full referendum on a new constitution, before a salmon asset acquisition or major investment is unlikely
    .

     
      In Chile, the salmon industry contributes more than 70,000 jobs and generates billions of dollars in export earnings for the country
    .
    In terms of trade, Russian, Belarusian and Ukrainian importers have encountered some difficulties, mainly the inability to use the digital payment system Stripe
    .

     
      Chilean mussel export woes
    Chilean mussels export distress mussels
     
      Chilean mussels are more difficult to export than salmon
    .
    According to ProChile, Chilean mussel exports will be worth about $272 million in 2021, of which one third will go to Russia and Ukraine
    .

     
      Esteban Ramirez, president of Intesal, the technical department of the Chilean Mussel Producers Association, said: "There have been many problems with the export of mussels.
    We ship to importers and customers have an intention to buy, but they are unable to pay
    .
    "
     
      There are relatively few alternative market options for Chilean mussels, with major export destinations currently including Russia, Ukraine, the European Union (Belgium) and a small portion of the US market
    .
     
      However, for single mussel products, the consumption level in the United States is very low, with only 3-4 mussels per capita per year, far lower than the level of other countries, and most of the market promotions have ended in failure
    .
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