14th April 2025
Today, in a Ministerial Resolution Nº 00148-2025-PRODUCE, the Peruvian authorities announced that the first fishing season for anchovies in the North-centre of Peru would start on 22nd April 2025, with a total quota of 3 million metric tonnes (mt). 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 the days 19th-21st April 2025.
“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” states Dr Enrico Bachis, IFFO’s Market research director.
In February 2025, globally, according to IFFO’s market intelligence reports*, total cumulative fishmeal production increased by approximately 40% 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% up year over year, again mainly driven by Peru. The other regions reported a positive trend in cumulative fish oil production compared to January-February 2024, with the only exception of the Northern European countries.
* This data is 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% of global fishmeal production and 50% of fish oil output.