The world’s salmon farmers appear to have had their first off-year since 2016, according to the latest report from Rabobank, the Netherlands-based banking and financial services company that carefully tracks aquaculture.
When all the numbers are in for last year, Rabobank analysts expect them to show a decline in production of about 1.1 percent after a volatile 2021 that saw Norwegian farms help drive a 6.8 percent global increase, according to RaboResarch. Sales of Norwegian salmon were up almost 12 percent that year while Chilean production fell by 7 percent.