The Peruvian Ministry of Production (PRODUCE) announced that the first fishing season for anchovies in the North-Center of Peru would start on April 22, 2025. The total quota has been established at 3,000,000 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 from April 19-21, 2025.
“This quota is the highest since 2018 (3,319,700 mt) and 2011 (3,675,000 mt) and signals a healthy biomass,” stated 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 the January- February period in 2024.
As for fish oil, the 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 the January-February period in 2024, with the only exception being 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.
