Peru ends first fishing season with over 80% of anchovy quota fulfilled.
Peruvian authorities have closed the first fishing season of 2025 in the North-Central zone after more than 80% of the 3-million-metric-ton anchovy quota was landed. The season formally ended on 23 July, with a 24-hour window granted for final landings. The closure was attributed to the high presence of juveniles in daily catches. Meanwhile, the second fishing season has now opened in the South.
According to IFFO’s latest market intelligence, cumulative global fishmeal production through May 2025 was down approximately 2% year-on-year, primarily due to reduced output in Peru and Northern Europe. All other regions reported growth in the same period.
Fish oil production also declined slightly year-on-year through May. While most countries recorded increases, this was offset by lower yields in Peru and parts of Europe. In Peru, reduced oil yields during the current season contributed significantly to the decline.
IFFO’s 2025 estimates for full-year production remain at 5.6 million tonnes of fishmeal and 1.2–1.3 million tonnes of fish oil, according to Dr Enrico Bachis, Market Research Director at IFFO.
In China, domestic production of marine ingredients remains subdued due to ongoing fishing bans. Production currently relies on frozen fish and by-products from processing. Demand for aquafeed in the first half of 2025 was modest, affected by smaller carryover stocks, early sales, and delayed spring stocking. However, improved profitability and increased stocking may drive higher feed demand in the second half of the year.
