World: Fishmeal production rises

Fishmeal production rises. A taste of the many statistics and analyses that can be found in the market intelligence reports that IFFO, the marine ingredients organisation, dedicates to its members is reported below, covering IFFO’s analysis on marine ingredient market trends until March 2023. A specific and additional focus is made on China given that China is by far the main market for marine ingredients. For the regions for which IFFO regularly tracks production of marine ingredients*, roughly worth 50% of the global output, IFFO found that overall, the raw material used by fishmeal and fish oil producers was about 15% higher in February 2023 compared with the same month in 2022. This was due to better catches in all the regions, bar Spain and the Icelandic and North Atlantic area. Cumulative total fishmeal production during the first 2 months of 2023 was up by more than 55% compared to the cumulative production reported through February 2022. The larger production of fishmeal ...