The anchoy fishery in Peru is a key factor in global production of fishmeal and fish oil, and the announcement of a three million-tonne quota for the first fishing season for the north-centre region is seen as an indicator of a healthy stock.
The announcement follows a thorough assessment of the anchovy biomass by scientific institute IMARPE. Further analyses of the biomass will be carried out through a Eureka operation 19th-21st April 2025.
‘This quota has been the highest since the ones from 2018 (3,319,700 tonnes) and 2011 (3,675,000 tonnes and signals a healthy biomass,’ said states Dr Enrico Bachis, IFFO’s Market research director.
In February 2025, according to IFFO’s market intelligence reports, total cumulative fishmeal production increased by approximately 40% compared to the same period in 2024. This increase was primarily influenced by a significant uptick in Peru, but Chile, the USA, Spain and African countries also reported a positive performance compared to January-February 2024.
The total cumulative fish oil output for the year through February 2025 was 38% up year over year, again mainly driven by Peru. Other regions reported a positive trend in cumulative fish oil production compared to January-February 2025, with the only exception of the Northern European countries.
