CATEGORY

Salmon

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Category Alerts

CATEGORY ALERTS

Norwegian salmon exports in July clocked 95,000 tonnes

August 04, 2022
alert level: Medium
CATEGORY ALERTS

Norway moots salmon tax of 40 percent

September 29, 2022
alert level: High

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Salmon Market Monitoring Dashboard

Supply Demand

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Salmon Industry Benchmarks

Savings Achieved

(in %)

The average annual savings achieved in Salmon category is 5.30%

Payment Terms

(in days)

The industry average payment terms in Salmon category for the current quarter is 75.6 days

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Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

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Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Salmon Suppliers

    8,147
    Total Suppliers
    333
    Diverse Suppliers
    67
    Normalized Supplier Rating
    Salmon Supplier

    Find the right-fit salmon supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    CARGILL INCORPORATED
    Location
    Jackson, Mississipi
    Duns number
    3862211
    D&B SER Rating
    dnb logo

    Up to 3 months

    1 9
    5
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile
    Company and Sector Performance
    29
    100
    Weak (1)
    ESG Perfomance (/100)
    Environment
    38
    Social
    28
    Governance
    19
    6 Domains Performance (/100)
    Business behaviour
    38
    Human rights
    24
    Community Environment
    26
    Corporate governance
    9
    Human resources
    21
    Security Scorecard
    82
    Threat indicators
    B
    88
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    C
    77
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    75
    Application Security
    Detecting common website application vulnerbilities
    C
    74
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    97
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    93
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    95
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked
    Industry Comparison
    cargill.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    23
    Workforce Health Safety Issues
    0
    Product Service Issues
    14
    Human Rights Issues
    23
    Production Supply Chain Issues
    8
    Environmental Non Compliance Flags
    45
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    25
    Fraud Issues
    5
    Labor Health Safety Flags
    48
    Regulatory Issues
    20
    Workforce Disputes
    6
    Sanctions
    0
    esg energy transition
    47
    Discrimination Workforce Rights Issues
    19
    esg controversies critical severity
    Yes

    Salmon market report transcript

    Global Seafood Market – Overview

    The global seafood industry is highly fragmented, with a supply of approx. 170.9 MMT of fishes annually (both wild caught and aquaculture, 2018) and is estimated to reach 180 MMT in 2020.

    Fish capture over the decade has taken a more inland approach, with the major capture type being aquaculture and tuna, shrimp, salmon are the most captured and traded species

    • Aquaculture currently holds 48 percent of market share, and it is expected to increase its share in the total capture beyond 50 percent by the end of 2021

    Market Drivers and Constraints

    Drivers 

    Increasing demand for processed/ready-to-cook seafood:

    • The seafood industry is gaining momentum, due to convenience and time saving factors
    • Increasing disposable income and per capita consumption are also seen favorable for the growth of the industry

    R&D/technology:

    • Aquaculture is gaining dominance over traditional agricultural practices, wild fish harvesting, etc., due to its volume production

    Constraints

    Shorter shelf life and disease outbreaks:

    • Disease outbreaks can occur both during raising and processing seafood. EMS or Early Mortality Syndrome had caused a substantial decrease in the shrimp production of the leading countries, like China, Vietnam, Indonesia, etc.

    Government regulations:

    • Every country has its own control mechanism to prevent overfishing and the exhaustion of its resources. Countries, like Thailand, China, have fishing quotas and licenses in place, with respect to their fisheries and seafood industry

    Supply–Demand Analysis – Salmon

    The global salmon production is estimated to reach 4.1 MMT by 2020 at a growth rate of 4 percent, and the growth will be mainly due to the increasing adoption of salmon farming or aquaculture (currently, more than 80 percent of the global supply is farmed salmon).

    • Currently, more than 70 percent of salmon supply is through aquaculture than wild capture, with Norway (CAGR 7 percent) and Chile (CAGR 9 percent) accounting for the major share in harvesting aquaculture supply; and Sweden and Norway accounting for majority share occupying capture supply
    • Salmon production is expected to slow down in the future, with industrial biological footprints being the growth constraint