Peru's Production Ministry announced the start of the second anchovy-fishing season in 2024 in the North-Central zone of the Peruvian coast, setting a total allowable catch of 2.51 million metric tons. This decision follows the reported healthy anchovy biomass in the Peruvian sea. The season is expected to generate over USD 1.3 billion in foreign currency and contribute 0.8% to the nation’s GDP. The industry employs over 49,000 people and is crucial for about 20% of worldwide fishmeal production.