Fishing boom in Peru

Published 2024년 9월 20일

Tridge summary

In June 2024, Peruvian fisheries experienced a significant boost, with anchovies being the primary contributor to this growth. A total of 41,500 tonnes of anchovies were recorded, generating 103 million Peruvian soles. Despite this increase, there was a notable shift in the catch structure for fish meant for direct human consumption. Freeze-on-board landings saw a decrease of 9.6%, largely due to a 29.4% drop in squid catches, impacting other species like shrimp, mackerel, and tuna. Overall, the total value of seafood landings rose by 56.8% compared to June 2023, driven by the increased anchovy catch for industrial use. This growth presents new opportunities for processors and exporters but also raises concerns about the potential risks of overfishing and the need to ensure the sustainable management of marine resources.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Anchovies: A Key Player in the Market Anchovies have been the main driver of growth in Peruvian fisheries production. This month, 41,500 tonnes of anchovies were landed, generating 103 million Peruvian soles. This is particularly noteworthy given that in June 2023, only exploratory fishing was carried out in this region. The bulk of the catch came from the north-central zone of the country, where fishing conditions were particularly favourable. Catch structure changes Despite the overall growth, there are changes in the catch structure. For direct human consumption (DHC), 120,600 tonnes of fish were landed, generating 171.9 million Peruvian soles. Interestingly, 52.9% of this production went to frozen products, 31.3% to fresh fish, 12.3% to canned products, and 3.5% to shelf-stable products. However, it is worth noting that frozen landings fell by 9.6% to 63,800 tons. This decline is due to a sharp drop in squid catches, which fell by 29.4%, which also affected other species such ...

Source: Fishretail