Chilean Salmon Prices Surge to US and China, Decline in Brazil
Chilean salmon prices to the US and China rose in the 49th week of 2024, whereas prices fell for shipments to Brazil, showcasing contrasting market trends and demand conditions.
In week 49 of 2024 (December 2-8), Chilean salmon prices continued their upward trend for shipments to the United States and China, a sign of sustained demand in those markets. Conversely, export prices to Brazil experienced a week-on-week decrease, indicating fluctuating demand dynamics in the South American market. The contrasting trends highlight the varying market conditions and consumer preferences in these regions.
In summary, while the demand for Chilean salmon remains strong in the US and China, reflected by rising prices, the market in Brazil is experiencing a downturn with falling prices. This illustrates the complexity and variability of international seafood markets, influenced by regional demands and consumer behaviors.
Original Source: www.undercurrentnews.com
