July 17, 2014

 

 

Peru's National Fisheries Society (SNP) estimates that the country could export fishmeal and fish oil for US$1,823 million this year, a figure similar to that in 2013 and 20% below the US$2,300 million in 2012.

 

The SNP expects anchovy landings to reach 3.51 million tonnes at the end of 2014, half the average annual landings between 2000 and 2011, which was 6.8 million tonnes. About 3 million tonnes would come from the northern-central region and the rest from the southern region.

 

The association recalled that as soon as the season began, on 23 April, the low catches revealed it would be a very difficult season, and that if the fishing restriction in the range from mile 5 to mile 10 is not eliminated, the set fishing quota would not be covered.

 

However, it also noted that after several weeks of high temperatures, the cold weather began to get to the coast in early July, and this resulted in an improvement in anchovy capture level, which reached 45,000 tonnes daily.

 

However, the SNP projects this year it will possible to fish about 68% of the fishing quota.

 

For the first fishing season, if only that percentage is caught, some 820,000 tonnes of the allocated quota would not be captured, representing about US$385 million worth of exports would not be received.

 

According to the organisation, the dynamics of 2014 fishmeal and fish oil exports is determined by the recorded anchovy landings in the last quarter of 2013 and in the first three quarters of this year.

 

Therefore, "the results of the sector, from the export viewpoint, are always out of step with landings that generate them."

 

The Ministry of Production (PRODUCE) informed that seafood shipments abroad last April generated US$173.1 million in revenue, representing 17.5% less than in the same month in 2013, when its value was US$209.8 million.

 

Meanwhile, the export volume declined by 10.9%, to 91,800 tonnes, compared to 103,000 tonnes shipped a year earlier. These decreases were primarily due to lower sales of fishmeal and fish oil.

 

Source: www.fis.com