The Peruvian authorities have announced that the first fishing season for anchovies in the country's North-centre region would start on 22 April, with a total quota of 3 million tonnes.
This announcement follows a thorough assessment of the anchovy biomass by Peru’s scientific institute IMARPE. Further analyses of the biomass will be carried out through a Eureka operation between 19 and 21 April.
“This quota has been the highest since the ones from 2018 (3,319,700 mt) and 2011 (3,675,000 mt) and signals a healthy biomass,” stated Dr Enrico Bachis, IFFO’s market research director, in response to today’s news.
In February 2025, according to IFFO’s market intelligence reports*, total cumulative fishmeal production increased by approximately 40 percent compared to the same period in 2024. This increase was primarily influenced by a significant uptick in Peru, but Chile, the USA, Spain and the African countries also reported a positive performance compared to January-February 2024.
As for fish oil, total cumulative output for the year through February 2025 was 38 percent up year over year, again mainly driven by Peru. Most other regions reported a positive trend in cumulative fish oil production compared to January-February 2025, with the exception of the Northern European countries.
* Based on statistics shared by IFFO members in Chile, Denmark, Faroe Islands, Iceland, Ivory Coast, Mauritius, Norway, the UK, the USA, Peru, South Africa and Spain, accounting for 40 percent of global fishmeal production and 50 percent of fish oil output.
