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Chile – is it a lasting comeback or will they struggle again?

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sletmo_chile.jpgThis article is written by Dag Sletmo from DNB Ocean Industries - Seafood. Here he is at the airport in Puerto Montt, ChileChile's salmon farming industry is again performing well after some difficult years. 

 

It is a paradox that the liberalistic economic policies of Chile, which has served the country very well and created stellar GDP/capita growth, has probably been a problem for the salmon farming industry.

 

Unlike most industries, salmon farming needs very tight regulations since it is a biological process in common waters. Chile started out with too lax regulations. They have become better over time however, and the new regulations which limits the maximum biomass is a great leap forward (Norway started out at the other extreme with crazy tight regulations - only one license per company with a stated political agenda that salmon farming should not become "industrialized"..).

 

Click here to read the full presentation on Chile, held by Dag at Fishpools Xmas seminar. 

chilean pain is over.PNGThe Chilean pain is over. Slide from presentation held by Dag Sletmo at Fishpools Xmas seminar.