# Fishmeal production increased 26% in 2024

> IFFO estimates 2024 global fishmeal production rose 26% and fish oil rose 12% over 2023, driven by Peru's anchoveta recovery. Peru's second season ended at 2.42 million tonnes, with Europe, Chile and others declining or offset.

- Date: 2025-02-05 · published 2025-02-05T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/25953-fishmeal-production-increased-26-in-2024
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A 26% rise in global fishmeal output is a bearish supply signal for fishmeal prices, which feed buyers track closely.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- weareaquaculture.com: https://weareaquaculture.com/news/feed/fishmeal-production-increased-26-in-2024

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.