Peru’s strong season steadies fishmeal supply for 2025.
Peru’s first fishing season in the north-central region, which began on 22 April 2025—one week later than the prior year—is progressing steadily, with approximately 70% of the 3-million-metric-ton anchovy quota now landed.
Anchovy landings from Peru play a critical role in global fishmeal and fish oil production, with the country contributing, on average, around 20% of global supply.
Dr Enrico Bachis, Market Research Director at IFFO, stated that the organisation’s global estimates for 2025 remain at 5.6 million tons of fishmeal and 1.2–1.3 million tons of fish oil.
According to IFFO’s April 2025 market intelligence report, cumulative global fishmeal production rose by around 3% year on year. Growth was recorded in most contributing countries, except North European markets, which showed a year-on-year decline.
Cumulative global fish oil production through April 2025 was up 14% year on year, with similar regional trends.
The figures are based on data shared by IFFO members across Chile, Denmark, Faroe Islands, Iceland, Ivory Coast, Mauritius, Norway, the UK, the USA, Peru, South Africa, and Spain, representing 40% of global fishmeal and 50% of fish oil output.
In China, domestic marine ingredient production for the first five months of 2025 was lower year on year. With seasonal fishing bans now in place, many local fishmeal plants are currently inactive. Production has shifted to rely on frozen fish, imported sardines, and by-products from processing.
However, aquafeed output is expected to increase, driven by reported growth in aquaculture production through April and anticipated profits from high fishmeal-consuming species in the second half of the year.