November 1, 2011
Peru's fish export revenue increases
Peru's fish export revenue totalled US$286.7million, a 21.6% increase on-year, when its value was US$235.6million.
A total of 184,100 tonnes was sent abroad, 16.1% more than in the same month last year (158,500 tonnes), mainly due to higher sales of canned and frozen products, fishmeal and raw fish oil, the Ministry of Production (Produce) reported.
As indicated by the latest Statistical Bulletin issued by Produce, between January and August of 2011, sales abroad of 1.49million tonnes generated US$2,364.1million. In the same period last year, 1.25million tonnes were exported for US$1,874.3million.
Only in August, 121,400 tonnes of fishmeal were exported while in the same month last year, 119,400 tonnes (1.6% more) had been sent abroad.
In August this year, fishmeal was exported for US$158.7million, 8.6% less than in August of 2010 (US$173.6 million).
Between January and August of 2011, a total of 985,200 tonnes of fishmeal was exported, 16.7% over the same period in 2010 (844,100 tonnes).
The main markets of Peruvian fishmeal were China, Germany, Japan, Vietnam, Chile and the United Kingdom, which bought 86.4% of total sales traded through August 2011.
August exports increased sales abroad of fishmeal in the first eight months at US$1381.7million, 9.5% per over the same period in 2010 (US$1261.6million).
Meanwhile, crude oil exports totalled 23,400 tonnes last August at US$32.4million, 60.3% more than in August 2010 (US$20.2million).
Considering the first eight months of 2011, a total of 178,500 tonnes of fish oil was sold abroad, 7.4% more than in the same period last year (166,200 tonnes).
Denmark, Belgium, Chile, Canada, Spain and Norway accounted for 82.9% of the fish oil exports recorded up to last August.
These sales generated US$229million, which represents a rise of 39.6% over the same period in 2010 (US$164million).
Also in August 2011, about 31,000 tonnes of frozen products were exported- a volume that accounts for a rise of 50% from 12,900 tonnes exported on-year.
In the first eight months of this year, 256,900 tonnes of frozen products were sold abroad, 26.9% more on-year (202,700 tonnes).