# Very tight salmon supply expected in 2021, all eyes on RAS developments, bullish forecast for shrimp prices, and higher demand seen for fishmeal - Supply Chain Council of European Union | Scceu.org

> Analysts expect Chilean salmon supply to contract 8% to 9% in 2021 after the industry cut smolt numbers in 2020. Global salmon supply is forecast to grow only 0.5% to 2%, while demand is expected to recover. The outlook also flags a bullish view on shrimp prices and higher demand for fishmeal.

- Date: 2020-11-30 · published 2020-11-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/50244-very-tight-salmon-supply-expected-in-2021-all-eyes-on-ras-developments-bullish
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A tighter salmon supply and stronger aquaculture demand support fishmeal and fish oil prices, since salmon farms are major users of those ingredients.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- scceu.org: https://scceu.org/very-tight-salmon-supply-expected-in-2021-all-eyes-on-ras-developments-bullish-forecast-for-shrimp-prices-and-higher-demand-seen-for-fishmeal/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.