The marine ingredients organization’s publication covers the output accrued during the first eight months of 2021.
Fishmeal output rose by 6.5%, and fish oil increased by 12% during that period.
Taking account of the overall production in Chile, Denmark, Faroe Islands, Iceland, India, Ireland, the Ivory Coast, Mauritius, Norway, Peru, South Africa, the UK and the US, the IFFO said, however, that Peru, Chile and India were the only countries that managed to boost their output from January to August 2021.
Chinese market
Meanwhile, fishmeal and fish oil production in China resumed in September, as the annual marine fishing bans, aimed at conservation, were lifted, noted the IFFO report.
Chinese fishmeal production between May and September relies only on by-products, thus volumes remain subdued. “Domestic marine ingredients production [in China] usually has its peak in the last quarter of the year, therefore it is not clear yet what the local supply of fishmeal and fish oil will be this year,” said the IFFO.
Last month, the organization reported a hike in aqua feed output in China this year:
"The average price of aquatic products continues to rise year on year, supported by healthy trading volumes. Recently, even shrimp prices have started to move up thanks to the improved demand. Aquafarming remains in its seasonal peak, with aqua feed output on the rise again in July 2021."
The IFFO also noted that the Chinese pig inventory appears to have recovered to levels last seen in 2017, before the African swine fever (ASF) pandemic took hold and triggered mass culling of pigs in many regions. The organization added that the increased cumulative pig feed output through to July 2021 suggests robust demand. Such trends would be supportive of higher fishmeal and fish oil consumption in that country.
