A jump in sales of canned and frozen fish products led to Peru's seafood exports up 17% in May
Fish Oil
Published Jul 26, 2023
Tridge summary
Seafood exports from Peru saw significant growth in May, driven by higher sales of seafood for direct human consumption (DHC). Sales of frozen food increased by 80%, while sales of canned food rose by 47.9%. However, exports of products intended for indirect human consumption, such as fishmeal and fish oil, experienced a decline.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
The growth was driven by significantly higher annual sales of seafood for direct human consumption (DHC), which rose 60.3% in volume and 31% in value to 71,700 tonnes worth US$177.8 million, according to the agency. respectively for this period. Of the May volume of DHC seafood exports to Peru, 93% was frozen, 4.1% was dried, and the rest (2.9%) was canned. “Frozen food exports are up 80% and 43.6% year on year to 66,600 tons worth $165.3 million,” Produce said in a statement. “Sales of squid and shrimp rose to $98.8 million and $24.7 million respectively during this period.” In terms of target markets, China accounted for 35.6% of total frozen food sales ($58.8 million), followed by South Korea (14.8% or $24.5 million), Spain (11 .1%), USA (10%), Thailand (4.8%) and Japan (4.8%). Canned food exports rose 47.9% and 54.4% to 1,400 tons worth $5.1 million in May, mainly due to sales of $4.8 million in tuna during the period, according to Produce. Canned food exports to the UK ...
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