Wednesday, 15 February 2012

2012 In Review - Chile and Norway at Odds

This is the view from Chile:

They are showing $2.9billion in 2011 and with 2012 going higher. However, Norway has just been relieved of duty in the USA - a 26% price drop - and they will be going after the USA market where Chile and Canada, in particular, sell their fish.

In addition, Norway has been raiding Scottish markets:

There will be a glut of fish as the year goes on because Chile is coming out of its ISA crisis.

Meanwhile in BC Norwegian fish farm Marine Harvest has laid off 60 staff and industry employment is down to 820 employees.

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