Fishmeal and Fish oil
Key facts on Fishmeal and Fish oil
Latest News
Fishmeal and fish oil: Peru halts most fishing, Chinese demand wanes
16/03/2023
Higher quotas in the North Atlantic and greater production in Chile are propping up global supplies of fishmeal and fish oil, which have been depleted...
High prices and uncertain supply
23/09/2022
Global fishmeal trade reached 3.67 million tonnes in 2021, an increase of 384 000 tonnes (+12 percent) on 2020. The booming aquaculture industry in...
Fishmeal trade is back on track
16/12/2021
The first anchovy fishing season in the north-central area in Peru concluded in nearly the full achievement of the total authorized quota of 2.5 million...
The end of the first fishing season in Peru brings market confidence
25/10/2021
The Ministry of Production in Peru has announced the first anchovy fishing season quota for the North-Central zone at 2.51 million metric tons, and...
The sector remains confident
16/07/2021
The Marine Institute of Peru (IMARPE) concluded its evaluation of the anchovy biomass along the coast in April, with the Peruvian Ministry soon to announce...
Key Documents
GLOBEFISH | Quarterly fishmeal and fish oil analysis - June 2024
03/10/2024
Peru’s Institute of the Sea (IMARPE) announced a quota of 2 475 000 tonnes for the first 2024 fishing season in the northcentre region. The extremely tight market that persisted throughout 2023, particularly for fish oil, is set to ease somewhat with the return of Peruvian supply, although it will take time for the market to stabilize. Demand for both fishmeal and fish oil remain firm, with fish oil continuing to exhibit extraordinarily inelastic demand, which has kept
GLOBEFISH | Quarterly fishmeal and oil analysis - April 2024
09/07/2024
The re-opening of the main anchoveta fishing grounds in Peru provided some welcome relief for critically-limited global supplies of fishmeal and fish oil. However, this has not been sufficient to alleviate shortages. Fish oil, in particular, has been limited not only by low catches but also historically-low oil yields, leading to a global shortfall of several hundreds of thousands of tonnes in 2023.