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Chilean fishmeal exports down but prices up

Fishery and aquaculture product exports from Chile fell by nearly 15 percent in the first four months of this year, according to the latest Sector Report on Fisheries and Aquaculture issued by SUBPESCA.
July 15, 2015

Fishery and aquaculture product exports from Chile fell by nearly 15 percent in the first four months of this year, according to the latest Sector Report on Fisheries and Aquaculture issued by SUBPESCA.

In the fishmeal sector between January and the end of April 2015, 54,550 tonnes of fishmeal with a value of USD 116 million was exported, compared with 79,698 tonnes worth USD 116.5 million the previous year. Of this, 60.9 per cent was prime quality, 32.5 per cent was super prime quality and 3.6 per cent was standard.

The largest importers of Chilean fishmeal were China, Korea, Canada, Japan and Germany.

Chile’s main seafood export during the period was Atlantic salmon, which accounted for 49.6 per cent of sales with a value of USD 904.5 million.