IFFO has released its latest market intelligence reports, covering marine ingredients market trends from 2021. It includes market supply and demand analysis, with research also focusing on global trends in fish farming and catches, agricultural products, commodity prices and general macro-economic conditions.
Total cumulative fishmeal and fish oil production in 2021 up 6% year-on-year (January – November)
In the first 11 months of 2021, the total cumulative productions of fishmeal and fish oil of the countries considered in the report that IFFO produces for its members increased, year on year, by 6% . Peru, Chile and India remain the only regions to report higher cumulative fishmeal production in 2021 compared to the same period in 2020. In terms of fish oil, Iceland also managed to improve its cumulative production.
China: Imported fishmeal shipments continue to increase (November 2021)
Aquaculture remains out of season. Aquaculture feed production fell month-on-month, but increased year-on-year in November 2021. The pig sector continues to face its overcapacity and the cumulative production of pig feed through November confirms that the national pig stock was replenished after the national African pig epidemic. fever. Fishmeal factories remained idle in northern China. Shipments of imported fishmeal continue to increase, with historically high stocks in port warehouses.