Atlantic salmon exports increased 33% by volume, although lower prices meant revenues only rose 12%. Photo: SalmonExpert

Chilean Atlantic salmon exports up 33%

The volume of Atlantic salmon exports from Chile increased by 33% in the first six months of 2018.

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Coho salmon showed an increase of 23% and rainbow trout a decrease of 3% in the same period.

The total volume of Chilean exports of salmonids increased by 27%, from 250,000 to 317,000 tonnes, compared to the first half of 2017. 

Revenue showed an increase of 10%, from US$2.38 billion to $2.61bn in the same period, according to figures from Infotrade.

Between January and June 2018, Chile’s salmon producers exported 224,833 tonnes of Atlantic salmon worth $1.92bn – an increase of 33% in volume and 12% in value compared to H1 2017.

Atlantic salmon averaged a price of $8.55 / kg FOB (free on board) Chile during the first half of 2018, 16% lower than the $10.15 recorded in the same period of the previous year.

Coho salmon

Chile exported 67,119 tonnes of coho salmon, an increase of 23% compared to the 54,412 tonnes exported in H1 2017.

Revenue reached $439 million, up 21% on the $364m made during the first six months of last year.

The FOB kg of coho salmon recorded an average price of $6.54.

Rainbow trout

The value of exports of rainbow trout reached $249m, a fall of 15.1% compared to the $294m reached in the same period of the previous year.

For H1 2018, the volume of trout exports was 25,141 tonnes, a slight fall compared to the 25,974 tonnes export in H1 2017.

This species recorded an average FOB price of $9.91 / kg, 12% lower than the value registered in the same period of 2017, of $11.3 / kg.