Global fishmeal production buoyant

By Jane Byrne

- Last updated on GMT

© GettyImages/XH4D
© GettyImages/XH4D

Related tags IFFO Fishmeal Aquaculture Peru

Global fishmeal production was up 55% in the first two months of 2023 compared to the same period the prior year, reported the IFFO.

A late start to the second fishing season in the north-central area of Peru saw greater volues of raw material available for fishmeal production, noted the international marine ingredients organization.  

Peru’s second fishing season closed on February 5, with 84% of the 2.283m metric ton quota landed. “But most regions have started the year with an improved availability of raw material,” said the trade body.

The data showed better catches in most regions, except for Spain, Iceland, and the North Atlantic.  

Peruvian quota

In Peru, the industry awaits the conclusion of the scientific evaluation of the anchovy biomass, which is being undertaken by the Peruvian Institute for Marine Studies (IMARPE) as well as the official announcement of the quota and start date for Peru’s next fishing season. 

Global fish oil production in the first two months of 2023, however, was lower by 20% YoY, with reduced production in Iceland and the North Atlantic region a factor, said the IFFO.

Chinese market

In China, marine ingredients and aquafeed production remains subdued.

Aquafeed production in the first months of 2023 has not been that dynamic, partly because of the seasonal activity slowdown in both the aquaculture and pig farming sectors, and other factors, said the IFFO.

“Aquafarming activities have so far remained confined to some areas of Guangdong, Guangxi, and Hainan provinces. It is expected that the sector will reactivate when temperatures rise in April-May.”

China’s pig sector is facing a situation of oversupply and seasonally weak demand along with rising numbers of African Swine Fever (ASF) cases being reported in the northern provinces.

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