# It will take 2 years for Peru fishmeal industry to recover, leading executive says

> Pesquera Diamante's CEO said Peru's fishmeal industry will need about two years to recover from the cancelled first season in 2023. The company was hit hard along with other producers.

- Date: 2024-04-22 · published 2024-04-22T12:00:00.000Z
- Category: market · region Peru · magnitude low
- Page: https://feedsoft.ai/events/30824-it-will-take-2-years-for-peru-fishmeal-industry-to-recover-leading-executive
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A slow recovery in Peruvian output keeps global fishmeal supply constrained, supporting prices for feed buyers.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- intrafish.com: https://www.intrafish.com/processing/it-will-take-2-years-for-peru-fishmeal-industry-to-recover-leading-executive-says/2-1-1630233

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