First-half returns are up 30 per cent in Chile compared to 2016.

Salmon returns up 30% in Chile

During the first six months of 2017, Chile's salmon industry obtained returns of US$2,380 million, an increase of $547m, or a 30 per cent increase compared to the same period last year.

Chile exported $2,086m in salmon products (Atlantic and Coho) between January and June this year. This is an increase of almost $466m, or 29 per cent when compared with the same period in 2016, when exports earned $1,620m.

Meanwhile, by the end of June 2017, Chilean trout exports totalled $294m, an increase of $81m or 38per cent compared to the same period of last year.

According to Felipe Sandoval, president of the Chilean Salmon Industry Association (Salmonchile), the increase in the value of salmon sales is mainly due to improved prices, not to an increase in the volume exported, since that has remained close to that exported to last year.

“This is positive news, taking into consideration the prices of last year – which were very depressed – and this year have been regularised a little more, handling production with a fairly good sanitary situation so far this year,” said Sandoval.

Published: 11/07/2017 at 4:11 pm

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