Peru: The fishing industry began to rebound

News 15:29 13/09/2014
A report by the National Institute of Statistics and Informatics (INEI) indicates that the fisheries sector grew 2.17 per cent in June compared with the same month of 2012.

This increase was produced after three consecutive months during which there was a decline.

According to statistics from the INEI, industrial fishing grew 6.49 per cent while the one destined for direct human consumption (DHC) fell by 0.16 per cent.

The agency has determined that the observed growth in June was due to an increase in anchovy (6.49 per cent) landing for the industrial processing of fishmeal and fish oil (indirect consumption).

Meanwhile, the production of fisheries for DHC fell as a result of lower sales of frozen products and despite the progress of 10.76 per cent of the consumption of fresh products.

The report notes that the production of the fisheries sector began the year with a growth of 6.5 per cent in January and 1.3 per cent in February, but in March and April negative results were recorded: 20.4 per cent and 9.7 per cent, respectively.

According to INEI, anchovy presented a wide latitudinal distribution with an important fishing area between Malabrigo and Pucusana, and in front of Bahía Independencia in Pisco.

In the south zone, the anchovy fishery was concentrated in front of Ático and Mollendo.

Jumbo flying squid exports grow

Peru exported jumbo flying squid (Dosidicus gigas) for USD 198.4 million in the first six months of 2013, a figure which shows an increase of 9.6 per cent over the same period in 2012, according to the Association of Exporters (ADEX).

The head of the Department of Services and Capture Industries of ADEX, Susana Yturry, the Peruvian squid reached 51 markets, among which Thailand stands out.

ADEX is considering the option of calling a commercial prospecting mission to the Thai market due to the big potential it has, the official stated.

"It has had an incredible upturn and all the fishing companies are focusing on that market. Its main demand is for raw frozen squid, in all its forms," she added.

This cephalopod is sent abroad in two batches: 'Other jumbo flying squid, bobtail and calamari, and frozen, dried and salted squid' and ' Jumbo flying squid and squid that is prepared or canned'.

During the first half of this year, such batches were exported for USD 131.6 million and USD 66.8 million, respectively.

The main destinations for the second one are China -- a "captive market" - and Spain, which are two markets with a high demand for jumbo flying squid, said Yturry.

In the first six months of 2013, China imported Peruvian squid for USD 60.7 million, 11.9 per cent more than in the same period in 2012; and Spain, for just over USD 35 million, a figure that shows a drop of 6 per cent.

The third destination was Thailand, which bought local squid for USD 35 million, up 293.8 per cent comparing to the first half of 2012.

It was followed by South Korea, Japan, Italy, United States, Venezuela and Mexico, among other markets, reports the agency Andina.

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