Scottish salmon exports have been soaring in the past year, with a significant 33% increase to £941 million in the year leading up to June. This impressive growth has been driven by a booming demand in the United States, China, and other new markets such as India. As the industry celebrates this remarkable achievement, it is now looking towards securing even more record-breaking sales by pushing for the removal of US tariffs.
The Scottish salmon industry is a vital contributor to the country’s economy, with its iconic pink fish making up nearly 60% of total food and drink exports. The impressive growth in exports is a testament to the high quality and sustainability of Scottish salmon, which has captured the hearts and palates of consumers all around the world.
According to the latest figures from the Scottish Salmon Producers’ Organization (SSPO), the United States is the largest market for Scottish salmon, accounting for 40% of exports. This is followed by China at nearly 25%, and the rest of the European Union at 20%. However, there has been a surge in demand from new and emerging markets, such as India, which have shown a significant increase in consumption of Scottish salmon in recent years.
Industry leaders are optimistic about the future of Scottish salmon exports, with projections showing that it is on track to hit the £1 billion mark, a significant milestone for the industry. To achieve this, the Scottish salmon industry has set its sights on breaking into even more new markets and increasing its market share in existing ones.
One of the key strategies to boost exports is the removal of US tariffs, which have been adding costs and making it challenging for Scottish salmon to compete in the American market. The industry is now urging the UK government to negotiate a trade deal that would lead to the removal of these tariffs. This will not only give a much-needed boost to the industry but will also create more jobs and spur economic growth in Scotland.
The removal of US tariffs is a crucial step towards achieving the goal of reaching £1 billion in exports and securing even more record-breaking sales. The industry is confident that with the right support and policies in place, it can continue to thrive and expand its global reach.
In addition to pushing for the removal of tariffs, the Scottish salmon industry is also focusing on sustainable growth, ensuring that the increased demand for their product does not come at the cost of the environment. The industry has a proven track record of sustainable practices, with strict regulations and certifications in place to ensure the highest quality and ethical standards.
The Scottish government has also played a significant role in supporting the industry, with investments in research and development to improve efficiency and sustainability. The industry is committed to working closely with the government to promote its world-renowned product and boost exports.
As the demand for Scottish salmon continues to rise, the industry sees a bright future ahead, and the potential for even greater success. The recent surge in exports and the push for the removal of US tariffs have set the stage for Scotland to become a global leader in the salmon industry.
The success of Scottish salmon exports is a testament to the hard work, dedication, and quality of the people and businesses involved in the industry. With the right policies and support, the industry is confident that it can continue to thrive, bringing economic benefits and putting Scotland on the map as a top exporter of high-quality, sustainable salmon.
