Sharp drop in fishmeal and fish oil exports

News 15:42 13/09/2014 502
In May Peruvian fish exports generated USD 121.6 million in revenue, representing 30.2 per cent less than in the same month in 2012, when their value was USD 174.1 million, the Ministry of Production (Produce) reported.

The volume of exports fell by 48.8 per cent, reaching 53,400 tonnes, compared to 104,200 tonnes shipped a year earlier.

This decrease was mainly due to lower sales of fishery products for indirect human consumption and for their presentation as frozen goods.

According to the latest Statistical Bulletin prepared by Produce, between January and May 2013 the sale of 406,600 tonnes abroad generated USD 864.4 million while in the same period last year 937,800 tonnes worth USD 1,396.7 million had been exported.

In May 2013, exports of fishmeal reached 12,100 tonnes amounting to USD 23.5 million, figures that represent falls of 77.6 per cent and 65.2 per cent, respectively, compared with the same month last year (53,800 tonnes and USD 67,5 million).

The main markets for Peruvian fishmeal were Germany, Saudi Arabia, Australia and Bulgaria.

During the first five months of the year 180,200 tonnes of fishmeal were exported, that is to say, 70.9 per cent less than in the same period in 2012 (618,300 tonnes).

May exports increased sales of fishmeal abroad in the first five months of USD 333 million, 55 per cent less than in the same period of 2012 (USD 739.4 million).

Meanwhile, crude oil exports last May totalled 1,200 tonnes, representing 62.5 per cent less than in the same month in 2012 (3,200 tonnes).

These sales generated USD 3.5 million while in the same month last year USD 6.2 million.

Australia, Belgium, Canada, Chile, China absorbed the largest amount of exports of fish oil, which in the first five months totalled 28,300 tonnes, that is to say, 74.8 per cent less than the same period last year (112,500 tonnes).

Crude oil sales generated USD 75.1 million, an amount that represents a decrease of 50.9 per cent compared to the same period in 2012 (USD 153 million).

In May 2013 some 31,900 tonnes of frozen products were also exported, a volume that accounts for a decrease of 14.1 per cent from 37,100 tonnes exported a year earlier.

In the first five months of this year 150,100 tonnes of frozen products were sold abroad, that is to say, 0.5 per cent less than in the same period in 2012 (150,800 tonnes).

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