Peru's fish exports up 30% on strong growth in frozen and canned seafood sales

Published 2023년 3월 1일

Tridge summary

Peru's agricultural ministry has reported a growth in the country's agricultural exports, with a notable increase in seafood for direct human consumption, which surged by 83.4% in volume and 38.7% in value. The growth was led by higher sales of frozen seafood, particularly to China, and canned seafood, driven by tuna and anchovies. Despite a decrease in the volume of products for indirect human consumption, their value increased by 5.5%. The exports experienced a decline in fishmeal and fish oil, but there was a 1% increase in sales for fishmeal and a significant 18.7% increase in fish oil sales. Overall, Peru's agricultural exports in 2022 reached 1.75 million tons, valued at $3.97 billion, marking a decrease in volume but an increase in value from the previous year.

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Original content

The growth was driven by significantly higher annual sales of seafood for direct human consumption (DHC), which rose 83.4% in volume and 38.7% in value to 62,000 tons, worth $174 million, respectively, according to the ministry. . Of Peru's DHC seafood exports in December, 82.2% were frozen, 14.3% were canned, and the rest (3.5%) were cured. “Frozen food exports are up 95.3% and 28% year-over-year to 55,400 tons worth $143 million,” Produce said in a statement. “Sales of squid and shrimp during this period were $93.7 million and $13.2 million, respectively.” In terms of destination markets, China accounted for 20.8% of total frozen food sales ($29.7M), followed by sales to South Korea (13.8% or $19.8M), Spain (11.9%), Japan (9.3%), Thailand. (9%) and the USA (8.4%). Exports of canned food also rose significantly by 95.5% and 237.7% to 1,800 tons worth $6.2 million in December, mainly driven by an increase in sales of tuna and anchovies by $4.9 million and $600,000, according to ...

Source: Fishretail