Invermar S.A. is a leading Chilean aquaculture company specializing in the farming, processing, and global export of premium salmon and seafood products. Headquartered in Santiago, with operational facilities across southern Chile, Invermar is a vertically integrated enterprise recognized for its commitment to quality, sustainability, and innovation in the global seafood supply chain.
Core Business and Operations
Established in 1982, Invermar S.A. has grown to become one of Chile’s foremost salmon producers, operating throughout the full aquaculture value chain—from hatchery and farming to processing and international distribution. The company’s operations are strategically located in the Los Lagos Region, one of the most productive aquaculture zones in the Southern Hemisphere.
Invermar’s business model emphasizes:
- Control over broodstock, hatcheries, grow-out farms, and processing plants.
- Advanced biosecurity, water quality management, and animal welfare protocols.
- Export-oriented operations, with dedicated sales channels in North America, Europe, Asia, and Latin America.
Product Portfolio
Invermar’s product line includes:
Salmons:
- Atlantic Salmon (Salmo salar) – Fresh and frozen fillets, portions, whole gutted.
- Coho Salmon (Oncorhynchus kisutch) – Typically exported frozen, especially to Asian markets.
- Rainbow Trout (Oncorhynchus mykiss) – Fillets and portions primarily for export.
Other Products:
- Oysters – Cultivated under sustainable practices, primarily for the domestic market and select exports.
Product forms include HOG (head-on gutted), trimmed fillets, skin-on/skinless portions, and value-added frozen products. Packaging and specifications are customized per client and market.
Specialisation and Core USP
Invermar stands out for its:
- Fully integrated aquaculture model, offering end-to-end quality control.
- Strong emphasis on Coho salmon, a segment with rising demand in Asia and less susceptibility to sea lice.
- Geographical advantage in the pristine waters of southern Chile, ideal for coldwater aquaculture.
- Ongoing investment in sustainable farming practices and processing automation.
The company’s agility in adapting to market demands and regulatory compliance across continents gives it a competitive edge.
Financials and Market Performance
Invermar is publicly listed on the Santiago Stock Exchange under the ticker INVERMAR. Key financial highlights include:
- USD 295 million in revenue in 2022.
- Exported over 53,000 metric tons of salmonids in 2022, up from 50,000 tons in 2021.
- Net income of approximately USD 24 million in 2022, supported by strong pricing trends in the U.S. and Japanese markets.
The company has steadily grown its export volume and profitability due to strategic production planning, market diversification, and operational efficiencies.
Shipment and Export Records
According to Chilean export data and international trade tracking:
- Invermar exports its salmon primarily to United States, Japan, China, Brazil, Russia, and Mexico.
- The U.S. remains its largest single market, accounting for approximately 40% of export revenues.
- Japan is the top destination for frozen Coho salmon, a niche where Invermar is a major player.
- The company ships its products under HS Codes 030214, 030324, and 030441, covering fresh and frozen salmon and trout.
Target Market
Invermar targets:
- Retail and foodservice distributors seeking bulk fillets and portion cuts.
- Wholesalers and private-label brands in key seafood markets.
- High-end supermarkets and restaurant suppliers focused on traceability and sustainability.
Its customer base is diversified across North America, Asia-Pacific, Latin America, and the European Union.
Capabilities
- High-throughput processing plants certified for global markets.
- Efficient cold chain management with logistics partners in all major export regions.
- R&D in feed efficiency, disease resistance, and water usage to enhance sustainability.
- In-house quality assurance and export compliance teams to streamline cross-border trade.
Certifications and Compliance
Invermar is committed to global best practices in aquaculture and holds multiple internationally recognized certifications:
- ASC (Aquaculture Stewardship Council)
- BAP (Best Aquaculture Practices)
- Global GAP
- HACCP (Hazard Analysis and Critical Control Points)
- ISO 9001 and ISO 14001
- Sernapesca compliance for Chilean regulatory standards
These certifications confirm Invermar’s adherence to environmental stewardship, food safety, and animal welfare.
Client Reputation and Industry Recognition
Invermar is widely regarded as one of Chile’s most dependable salmon exporters. It has been recognized by:
- ProChile and SalmonChile for its export excellence and sustainable practices.
- Global buyers for its consistency in quality and on-time delivery.
- International seafood trade fairs such as Seafood Expo Global and Japan International Seafood Show, where it regularly exhibits.
Customer loyalty and long-term supply agreements reflect its strong reputation in competitive markets.
Major Achievements
- Increased Coho salmon production by 15% year-over-year, aligning with rising demand in Japan and China.
- Achieved ASC certification for 100% of its Atlantic salmon farms, ahead of Chilean industry average.
- Invested in digital traceability systems to enhance supply chain transparency.
- Maintained export volumes and profitability despite macroeconomic and logistical disruptions during the COVID-19 pandemic.
Invermar S.A. continues to drive Chile’s aquaculture growth through sustainable production, diversified global outreach, and a steadfast commitment to product integrity and environmental responsibility.
