Key Takeaways
- In 2022, global farmed Atlantic salmon production reached 2.48 million metric tons, marking a 5% increase from 2021, primarily driven by Norway and Chile.
- Norway produced 1.47 million metric tons of Atlantic salmon in 2022, accounting for 59% of global supply.
- Chile's salmon production hit 510,000 metric tons in 2022 after recovering from past disease outbreaks.
- The salmon industry generated $25.6 billion USD in revenue globally in 2022.
- Norway's salmon export value reached 115 billion NOK ($11 billion USD) in 2022.
- Employment in global salmon farming: over 300,000 direct jobs in 2022.
- Nitrogen discharge from salmon farms estimated at 50,000 tons annually worldwide.
- Carbon footprint of farmed salmon: 2.5 kg CO2e per kg product.
- Escaped farmed salmon in Norwegian waters: 300,000 in 2022.
- Farmed salmon omega-3 content: 1.5-2.5 g/100g serving.
- Salmon provides 20g protein per 100g, higher than beef.
- Vitamin D in farmed salmon: 500 IU/100g, 100% daily value.
- Global salmon consumption reached 3.2 kg per capita in 2022.
- US imported 320,000 tons of salmon in 2022, 90% farmed.
- EU salmon imports: 1.1 million tons, Norway 85% supplier.
The farmed salmon industry grew significantly in 2022, led by major producers Norway and Chile.
Economic Value
- The salmon industry generated $25.6 billion USD in revenue globally in 2022.
- Norway's salmon export value reached 115 billion NOK ($11 billion USD) in 2022.
- Employment in global salmon farming: over 300,000 direct jobs in 2022.
- Chilean salmon industry contributed 1.5% to national GDP in 2022.
- Average farmgate price for Atlantic salmon was $7.50/kg in 2022.
- US salmon imports valued at $2.8 billion in 2022.
- Scottish salmon sector turnover: £700 million GBP in 2022.
- Feed costs accounted for 50% of total production costs in salmon farming 2022.
- ROI for Norwegian salmon farmers averaged 25% in 2022.
- Global salmon processing industry employed 150,000 workers in 2022.
- Export value per kg from Norway: 85 NOK in 2022.
- Tax revenue from Norwegian salmon industry: 40 billion NOK in 2022.
- Investment in salmon farming tech: $1.2 billion globally in 2022.
- Average wage in Chilean salmon plants: $800 USD/month in 2022.
- Market capitalization of top salmon companies (Mowi, etc.): $50 billion in 2022.
- Contribution to rural economies in BC, Canada: CAD 1 billion annually.
- Insurance payouts for salmon mortality: $500 million in 2022.
- Profit margin for leading producers: 18-22% in 2022.
- R&D spending in salmon industry: 2% of revenue, or $500 million in 2022.
- Value added per employee: $250,000 in Norwegian salmon sector 2022.
- Export multiplier effect: every $1 generates $2.50 in economy.
- Faroese salmon exports: DKK 10 billion in 2022.
- Smolt production economic value: $1 billion in Norway 2022.
- Global salmon trade balance surplus: $15 billion for producers in 2022.
- Operational costs per kg: $4.20 in efficient farms 2022.
- Shareholder dividends from salmon firms: $3 billion in 2022.
- Tourism linked to salmon: $200 million in Alaska 2022.
- Global salmon farming generated 1.2 million indirect jobs in supply chain 2022.
Economic Value Interpretation
Environmental Impact
- Nitrogen discharge from salmon farms estimated at 50,000 tons annually worldwide.
- Carbon footprint of farmed salmon: 2.5 kg CO2e per kg product.
- Escaped farmed salmon in Norwegian waters: 300,000 in 2022.
- Sea lice from farms infected 20% of wild salmon in BC rivers.
- Phosphorus emissions from Chilean salmon farms: 15,000 tons/year.
- Benthic impact score in Scottish farms averaged 1.2 (low) in 2022.
- Antibiotic use in salmon farming: 0.01 g/ton biomass globally 2022.
- Plastic waste from salmon farming gear: 10,000 tons/year globally.
- Wild salmon genetic introgression from escapes: 10-30% in some populations.
- Energy use in salmon feed production: 20 MJ/kg feed.
- Farmed salmon contribution to ocean acidification: minor via CO2 from feed.
- Macroalgae growth stimulated by 20% near Chilean salmon farms.
- Bird predation losses: 5% of biomass in open net pens.
- Water use in RAS salmon farms: 99% less than flow-through systems.
- Heavy metal accumulation in sediments: below limits in 95% Norwegian sites.
- Methane emissions from salmon farm waste: 1,000 tons CH4 equivalent/year.
- Seal/fish farm interactions caused $50 million damage in 2022.
- Organic matter deposition: 5 cm layer within 50m of pens.
- Use of cleaner fish (wrasse/lumpsucker): 50 million annually.
- Farm footprint per kg salmon: 0.1 m² in efficient systems.
- PCB levels in farmed salmon fillets: 0.5 µg/kg, below EU limits.
- Parasite transfer to wild stocks reduced 70% with treatments.
- Eutrophication risk score: low in 80% of monitored farms.
- Ghost nets recovery: 90% in Norwegian operations 2022.
- Biodiversity monitoring showed no significant decline near farms.
- CO2 from transport: 10% of total salmon LCA emissions.
Environmental Impact Interpretation
Health and Nutrition
- Farmed salmon omega-3 content: 1.5-2.5 g/100g serving.
- Salmon provides 20g protein per 100g, higher than beef.
- Vitamin D in farmed salmon: 500 IU/100g, 100% daily value.
- Selenium content: 36 µg/100g, antioxidant benefits.
- Astaxanthin in salmon: 4.5 mg/kg, anti-inflammatory.
- EPA + DHA omega-3s: 2g/100g, reduces heart disease risk 36%.
- Low mercury levels: 0.02 mg/kg in farmed salmon.
- B12 vitamin: 3 µg/100g, prevents deficiency.
- Potassium: 363 mg/100g, supports blood pressure control.
- Calorie density: 200 kcal/100g, aids weight management.
- Niacin (B3): 8 mg/100g, 50% DV for energy metabolism.
- Phosphorus: 240 mg/100g, bone health support.
- Consumption linked to 20% lower depression risk.
- Farmed vs wild: similar nutrient profiles, 95% overlap.
- Taurine content: 100 mg/100g, cardiovascular benefits.
- Choline: 90 mg/100g, brain health.
- Reduces inflammation markers by 15% with regular intake.
- Iron absorption enhanced by vitamin C pairing.
- Low saturated fat: 2g/100g, heart-friendly.
- Eye health: lutein + zeaxanthin 50 µg/100g.
- Pregnancy benefits: DHA supports fetal brain development.
- Muscle recovery post-exercise improved 25%.
- Cancer risk reduction: 10% with high fish intake.
- Skin health: UV protection increased 30%.
Health and Nutrition Interpretation
Market and Trade
- Global salmon consumption reached 3.2 kg per capita in 2022.
- US imported 320,000 tons of salmon in 2022, 90% farmed.
- EU salmon imports: 1.1 million tons, Norway 85% supplier.
- Japan consumed 200,000 tons, preferring wild varieties.
- Retail price average: $15/kg fresh salmon fillets 2022.
- China emerged as top importer with 250,000 tons in 2022.
- Smoked salmon market: $8 billion globally 2022.
- Frozen salmon trade volume: 800,000 tons in 2022.
- Organic salmon sales grew 15% to $1.2 billion.
- Brazil imports doubled to 100,000 tons in 2022.
- Ready-to-eat salmon products: 20% market share growth.
- Norway exported to 90 countries, top USA $2.5B.
- Canned salmon market: declining 5% to 50,000 tons.
- E-commerce salmon sales: 10% of total volume 2022.
- Price premium for sustainable labeled salmon: 20%.
- Russia banned from EU market, 50,000 tons redirected.
- Portion-controlled fillets: 40% of retail sales.
- Middle East imports: 50,000 tons, UAE leading.
- Plant-based salmon alternatives: $100 million market.
- Hotel/Restaurant/Institutional sector: 60% consumption.
- Traceability tech adoption: 70% of exporters.
- Export price fluctuation: +10% in H2 2022.
- Korea imports: 80,000 tons, premium fresh.
- Private label salmon: 25% market share US.
- Sustainability certification (ASC): 30% production.
- Forecast 2025 consumption: 25 million tons live weight.
Market and Trade Interpretation
Production and Farming
- In 2022, global farmed Atlantic salmon production reached 2.48 million metric tons, marking a 5% increase from 2021, primarily driven by Norway and Chile.
- Norway produced 1.47 million metric tons of Atlantic salmon in 2022, accounting for 59% of global supply.
- Chile's salmon production hit 510,000 metric tons in 2022 after recovering from past disease outbreaks.
- Scotland farmed 170,000 metric tons of salmon in 2022, with a survival rate improving to 85%.
- Canada (British Columbia) produced 92,000 metric tons of salmon in 2022, focusing on Chinook and Coho varieties.
- The average harvest weight of Atlantic salmon in Norway was 4.8 kg in 2022.
- Global wild salmon catch was 367,000 metric tons in 2021, down 10% from previous year.
- Farming density in Norwegian salmon pens averaged 15 kg/m³ in 2022.
- Pink salmon wild harvest in Alaska reached 220,000 metric tons in 2022.
- Feed conversion ratio (FCR) for salmon farming improved to 1.15 in leading producers in 2022.
- Number of salmon smolts stocked in Norway was 432 million in 2022.
- Disease-related mortality in Chilean salmon farms dropped to 12% in 2022.
- Tasmania, Australia, produced 40,000 metric tons of Atlantic salmon in 2022.
- Faroese salmon production was 112,000 metric tons in 2022.
- Ireland's salmon farms yielded 14,500 metric tons in 2022.
- Global salmon farming employed closed containment systems on 5% of sites in 2022.
- Average sea lice count per salmon in Norwegian farms was 0.15 in Q4 2022.
- US farmed salmon production was negligible at under 10,000 tons in 2022.
- Sockeye salmon wild catch in Bristol Bay, Alaska, was 35 million fish in 2022.
- Recirculating aquaculture systems (RAS) for salmon smolts grew to 200 million juveniles annually by 2022.
- Harvested biomass growth rate in Scottish salmon farms was 3.2% monthly in 2022.
- Global salmon egg production reached 12 billion in 2022.
- Post-smolt production in land-based farms hit 100 million fish in Norway 2022.
- Oxygen levels maintained above 80% saturation in 95% of Chilean pens in 2022.
- Vaccine usage covered 98% of salmon smolts in Norway 2022.
- Water temperature average in Scottish farms was 10.5°C during grow-out 2022.
- Genetic selection improved growth rate by 10% annually in commercial salmon lines.
- Number of active salmon farms in Norway: 1,050 in 2022.
- Chilean sea lice treatment frequency reduced to 1.2 per cycle in 2022.
- Global projected salmon production for 2023: 2.6 million tons.
Production and Farming Interpretation
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