IFFO reports that the overall production of fishmeal and oil by its members has risen 6% (January-November) compared to the same period in 2020.
Peru, Chile and India continue to be the regions to report a higher cumulative fishmeal production in 2021 with respect to the same period in 2020. In terms of fish oil though, Iceland also managed to improve its cumulative output.
By far the main market for marine ingredients, China’s shipments of imported fishmeal continued to rise up to the November 2021, when the latest figures were available.
According to IFFO, aquaculture remains off-season. The aquafeed output dropped month on month but rose year on year in November 2021. The pork sector continues to deal with its over-capacity and cumulative pig feed output through November confirms that China’s pig stock has been rebuilt after the nationwide outbreak of African Swine fever.
Fishmeal plants remained idle in North China. Shipments of imported fishmeal continue to rise, with historically high stocks in the ports’ warehouses.
