Image: FiskerForum

Fishmeal and oil production figures in line with last year

WORLDWIDE
Friday, September 23, 2022, 07:00 (GMT + 9)

According to figures from IFFO’s membership, representing 55% of global marine ingredients production, the total raw material usage for July this year was 42% higher than for the same month last year – although the total cumulative fishmeal production for the first seven months of this year is slightly below the same figure for 2021.

This is despite USA, India, the Iceland/North Atlantic area and the African countries reporting an increased cumulative production.

The 2022 total cumulative production of fish oil is in line with that of 2021. Despite a drop in Peru, Chile and India, performances of the European countries, the USA and the African countries were above the 2021 figures for this period.

‘The drop in Peru, both for fishmeal and for fish oil production, is due to a lower quota granted to the North-Centre of the country in the last quarter of 2021, which resulted in fewer catches in quarter one 2022. Additionally, the total catch in the same area of Peru in the period April-June 2022 was 4% smaller with respect to the same period in 2021,’ said IFFO’s market research director Dr Enrico Bachis.

China’s marine ingredients production and imports are expected to increase during the current month.

Only some parts of the Chinese sea fishing grounds remain under a fishing moratorium as most regional bans have been lifted. Currently, domestic production of marine ingredients remains subdued and confined to the south, although activities are expected to pick up in all areas in September.

Imports of foreign fishmeal have decreased during the first seven months of the year, but important tonnages are expected to reach Chinese shores in the coming weeks.

China’s aquafeed production in 2022 remains at high levels compared with 2021 despite the series of heatwaves. Covid-19 lockdowns continue to limit consumers’ access to both the retail and the foodservice facilities within the affected areas.

Photo: IFFO

Pig and piglet prices showed some weakness in August after a four-month hike. Supply is expected to grow larger than forecast by the authorities in 2022 while imported pork meat has continued to decline. High costs of feed ingredients and the weak demand explain the annual drop in the cumulative pig feed output.

60th IFFO annual conference to be held in Lima

Following two years of remote events, IFFO’s 60th Annual Conference will finally be reuniting the marine ingredients and wider industries together in the fishing powerhouse of Peru, from 24th to 26th October 2022. It will provide all members and stakeholders of IFFO – The Marine Ingredients Organisation with the latest insights from thirty speakers, with simultaneous interpretation between English and Spanish.

A panel comprising Martin Exel, from SeaBOS, Stefania Vannuccini, from FAO, Allan Cooper, from Vitapro and Ricardo García Holtz, from Salmones Camanchaca, will examine marine ingredients’ role in global food security, discussing the potential of blue foods and key requirements for them to play an increasing role in the global food system as the world’s population keeps growing.

Climate change presents new challenges to biodiversity and fisheries management. Speakers will outline the latest research on biodiversity and land-use implications of restricting fishing. They will also provide the latest evidence on the effects of climate change on global fisheries and explore how to set climate targets and achieve them. Life cycle assessment (LCA) analyses are clearly becoming an essential approach to feeding, as the speakers will explain.

A panel chaired by IFFO’s Dr Brett Glencross will expand on how by-products can be an increasing contributor to marine ingredient supply in the future. Kamel Gabriel EL Khaloui, from ScanBio, Vincent Percier, from Symrise, and Dr Silke Middendorf, from Biomega Group, will dive into specialty ingredients and palatability and explain how to make the most of by-products.

Voluntary certification standards are making a difference in guiding consumer towards responsible products. Delegates will be updated on the Aquaculture Stewardship Council’s Feed and farming standard. They will also be presented with a case study on the Panama Fishery Improvement Project and how transition to full MarinTrust certification can be achieved.

A market forum will dive into the global fishmeal and fish oil markets and provide in-depth country presentations to all delegates (demand side) and IFFO producer and premium members only (supply side).

Core to all presentations is the need to build trust in order to collaborate towards results. Arni Mathiesen, independent chair of the Global Roundtable on Marine Ingredients, will deliver an update on the work undertaken by its thirteen members to increase the availability of sustainable marine ingredients, understand and address urgent social issues and enhance social responsibility in key fisheries and regions.

Author: Quentin Bates / FiskerForum | read the full article here

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