ANALYSIS: Frozen Salmon Fillets at All-time Lows

The frozen salmon fillet and portion markets have adjusted sharply lower on price over the past few weeks. Imports are at an all time high through August 2020.
The market share in the frozen salmon fillet market is dominated by Chile, holding a 63 percent share. Norway’s market share is at 27 percent. Year-to-date Norway is up almost 20 percent, while Chile is up 19.6 percent YTD. Overall, the frozen salmon fillet market is up 24.8 percent YTD.
Imports have...
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