Export data for
2005 is not yet complete (December data is due February 10) but even without
December, 2005 U.S. salmon export value is $662 million, the highest since
1996.
The most recent three-year average (2002-2004) of U.S. salmon export value is
$520 million per calendar year. Most of the value (82 percent) is from exports
to three key markets: Japan (37 percent) European Union (24 percent) and Canada
(21 percent). Value of U.S. salmon exports to Japan revolves around frozen
sockeye and salmon roe, which account for nearly 90 percent of value. Salmon
exports to Canada and the European Union (EU) are more varied. Canned salmon
accounts for about half of export value to Canada and the EU, with a variety of
fresh and frozen salmon products making up the remainder.
Because of production logistics and product-form characteristics, salmon
exports to Japan spike sharply in July and August while exports to Canada and
the EU are steadier throughout the year. Japan’s receipts of U.S. salmon
dominate the picture during the key July-November period, but export value to
Canada and the EU (combined) is substantially higher and has been since 2000.
Through November 2005, distribution of salmon export value appears similar to
the most recent three-year average: 36 percent to Japan, 23 percent to European
Union and 18 percent to Canada. China is emerging is an important export
destination, accounting for 11 percent ($74 million) of U.S. salmon export
value through November 2005.
Export data for
2005 is not yet complete (December data is due February 10) but even without
December, 2005 U.S. salmon export value is $662 million, the highest since
1996.
