Joar Grindheim
July 13. 2010
For the tenth consecutive year IntraFish Media is proud to present the industry report on the world’s 30 largest salmon production companies. In the report the companies are ranked according to slaughter volume of farmed Atlantic salmon, trout, coho and chinook in 2009. The unit of measurement IntraFish Media has employed in the report is round, bled weight (WFE-Whole Fish Equivalents), and the rankings are based on the company’s own figures as well as official documentation and statistics.
In this report we have also included the various companies’ financial figures for 2009 to the extent they have been available when this report was prepared.
As with previous years it is the Norwegian and Chilean companies that dominate the list of the 30 biggest salmon production companies in the world, but companies from other countries are also well represented, and you will find companies listed from all four corners of the world Australia/Oceania, South America, North America and Northern Europe. In this year’s report for instance the fastest climber is a Faroese company Bakkafrost, while Australian Huon Aquaculture is a newcomer among the 30 largest.
This year’s report has also found room for 33 companies, due to four companies sharing place number 30. The rankings also show that 15 companies on the list experienced a downturn in volume in 2009 compared with 2008. This downturn can also be expected in the current year for many companies. Most of these companies have production in Chile.
In addition to the presentation of the different companies that are ranked in the top 30, the report examines various aspects of salmon production. The market and salmon prices are important factors. 2010 will most likely be the year where the global supply of salmon will have been at its lowest after several years of growth. From 2011 volume is expected to increase from the Chilean industry, but growth will take place at a slow rate. Thus it could take several years before we see a significant increase in global volume and that it exceeds volume levels from 2008 and 2009.
Due to changes that have taken place in Chile, it is already clear there is a much greater mood of optimism in the country now than was the case last winter and spring. This, combined with potential growth in volume in Norway, means that it won’t take long for the market to regain balance between supply and demand. But if we take a peek into the crystal ball in regard to salmon prices, it would nonetheless appear that salmon prices will reMain relatively high – for all of next year at least and probably also in 2012.
The report also touches on processing of salmon, and the challenges faced by this segment of the value chain in relation to market development that have taken place in 2009 and until the present day in 2010. We take a look also at how the finance crisis, which was a hot topic in 2009, appears to have impacted salmon producers. A natural follow-on from this subject was to briefly examine consolidation in the industry. Changes of dynamic proportion have occurred the last decade, and we can expect more of the same in the future.
Finally in this year’s report the focus is on disease, salmon lice and the environment. ISA ravaged the Chilean salmon industry, but other diseases have also plagued the salmon industry. Salmon lice were a big problem in the second half of 2009 in Norway. For that reason we decided to have a separate chapter dealing with this. The environmental perspective is always of actual interest, which you can read in more detail at the end in the report before the presentation of the companies.
Combined prices:
Elektronic version NOK 9 500,-
Elektronic version + graphs in Power Point NOK 12 000,-
Both Norwegian and English + graphs in Power Point NOK 15 000,-
Recruitment