Chilean salmon giant ramped up output in Q2

Salmones Camanchaca, one of Chile’s largest salmon farming companies, slaughtered 11,643 tonnes of Atlantic salmon in the second quarter of this year – almost double the figure for the same period last year. The Q2 figure for 2022 was just 6,400 tonnes. The average weight of harvested fish increased from 4.4 kilos in the first three months of this year 2024 to five kilos in Q2, while the ex-cage cost decreased to US $4.99 per kg from US $5.28 per kg in the first quarter. Sales in Q2 2024 totalled approximately 11,000 tons of Atlantic salmon and 2,100 tons of coho. The coho inventory was reduced by approximately 50% by the end of Q2 compared to the end of the first quarter in 2024. Salmones Camanchaca estimates a total harvest of between 46,000 and 48,000 tons of Atlantic salmon for 2024, up from 44,100 tonnes in 2023. [caption id="attachment_163332" align="alignnone" width="300"] Salmones Camanchaca inspired dish of salmon, pasta and lemon[/caption] For coho, the company projects a harvest of 4,000 to 5,000 tons, compared to 11,400 tons in 2023. The company, which employs almost 2,000 people, currently has its main overseas markets in the United States and Mexico. Salmones Camanchaca S.A. is one of the founding companies of the Chilean salmon industry, with more than 30 years of experience. The company is based on the complete integration in the value chain, from the genetics for breeders that generate their own eggs to the production of smolts in fresh water and the cultivation and fattening in sites in the sea. It has five freshwater fish farms, 73 aquaculture concessions for cultivation in the sea and two processing plants to develop its production process work. The full second quarter report will be published on August 13th .