Slight growth in fishery-aquaculture exports up to August
2016-11-21 15:34:00   copyfrom:    hits:

Salmon fillets for exports (Photo: Marine Harvest)CHILESaturday, November 19, 2016,02:30 (GMT + 9)Fishing and aquac
 

Salmon fillets for exports. (Photo: Marine Harvest)

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Saturday, November 19, 2016, 02:30 (GMT + 9)

 

Fishing and aquaculture exports totalled USD 3,457.6 million as of August this year, representing an increase of 2.3 per cent over the same period last year. This figure is also lower than the 2011-2015 average of 1.9 per cent, according to the Undersecretariat of Fisheries and Aquaculture (SUBPESCA).

The volume exported was 828,000 tonnes, an increase of 2.8 per cent over the same period last year, and also 4.9 per cent lower than the five-year average for 2011-2015.

The main production lines show different results compared to the same period last year. On the one hand, dried algae volumes increased by 19.3 per cent thanks to higher shipments to China (78 per cent of the total volume, 45 per cent increase). There was also a 15.1 per cent increase in sales of both fishmeal and canned products, and 3.5 per cent growth in fish oil.

Frozen products accounted for 50.6 per cent of the total volume of fishery exports, while fishmeal accounted for 16.9 per cent and fresh-chilled products represented 16.5 per cent.

SUBPESCA report highlights that the prices of the capture sector fell by 8.0 per cent and those of the aquaculture sector by 5.8 per cent, compared to the same date of the previous period.

Atlantic salmon was the main resource exported in terms of value, generating income close to USD 1,916.8 million. This amount is equivalent to 55.4 per cent of the total value of fishery and aquaculture exports, showing a year-on-year increase of 12.5 per cent.

In the second place, and with 7.8 per cent of the total valuation, the rainbow trout was located, which shows a decrease of 11.6 per cent compared to last year, basically due to lower shipments, since there is an increase in the price (10.8 per cent).

Pacific salmon was ranked third, also with a lower valuation (34.4 per cent) due to lower prices as well as to the volume exported.

After these resources associated with aquaculture activity, pelagic fish s/e ranked and showed an increase in value by 3.4 per cent, mainly due to a higher volume exported.

Other relevant resources are mussels, salmon s/e, giant flying squid and Patagonian toothfish (Chilean sea bass), all with a positive variation with respect to 2015, except for mussels, whose value fell 16.5 per cent.

Exports in the capture subsector recorded a total of USD 763.7 million in August, a figure that is higher than than in the same period last year by 5.1 per cent. This figure represented 22.1 per cent of the total value of fishing and aquaculture exports.

In terms of volume, 344,500 tonnes are recorded, 14.3 per cent more than in the first eight months of 2015.

The structure in terms of exported volume is headed by frozen products (45.6 per cent), fishmeal (30.4 per cent) and dried algae (16.0 per cent). The main lines in value of the subsector as well as in volume, are frozen products (46.7 per cent), fishmeal (22.9 per cent) and dried algae (10.1 per cent).

Exports from the aquaculture subsector accounted for 77.9 per cent and 58.4 per cent of the value and total volume exported to August this year, respectively. Its valuation reached USD 2,693.8 million and involved about 483,500 tonnes. The current valuation shows an expansion of 1.5 per cent compared to the amount recorded during the past year to this date.

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