World aquaculture is experiencing the most difficult period since the pandemic

Experts expressed concern about the rise in prices for fishmeal against the backdrop of a shortage of raw materials. Rabobank Senior Industry Analyst Goryan Nikolic notes that this year the supply of fishmeal will be reduced by more than 500 thousand tons, and the price of Peruvian fishmeal (Peru is the largest producer of fishmeal and fish oil. - Ed.) has reached 2 thousand . dollars per ton and is likely to rise soon. “Against the backdrop of a shortage of fish oil and a jump in prices for it to 5.5 thousand dollars per ton, this situation is likely to lead to the development of feed from alternative components,” says the Rabobank review, cited by the All-Russian Association of Fisheries Enterprises, Entrepreneurs and exporters (WARPE). A record rise in prices for fishmeal and fish oil against the backdrop of high demand and rising cost of their substitutes was predicted by FAO experts last year. Even then, prices for ...