June 22, 2022 — Chinese consumers are facing soaring prices for imported salmon, and that may not be good for long-term market growth, according to Fan Xubing, head of the Beijing-based seafood marketing consultancy Seabridge.
Exports of fresh Norwegian Atlantic salmon to China increased 67 percent in value year-on-year between January and May 2022, even while dropping 11 percent in volume. That jump is part of a global surge in salmon prices as many global markets bounce back following years of COVID-19-related dining and public gathering restrictions, according to Andreas Thorud, the Norwegian Seafood Council’s representative in China.
Read the full story at SeafoodSource