# Aquafeed.com |
   

   
    2023 starts with an increase in fishmeal production

> Fishmeal production in the first two months of 2023 was up more than 55% from 2022, led by larger Peruvian output after a late start to the North-Centre season. Fish oil output was down 20%, mainly from Iceland and the North Atlantic. Chinese marine ingredient demand remains subdued ahead of a fishing ban starting May 1.

- Date: 2023-04-06 · published 2023-04-06T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/36296-aquafeed-com-2023-starts-with-an-increase-in-fishmeal-production
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Higher fishmeal supply with weak Chinese demand points to softer fishmeal prices, while lower fish oil output supports oil prices.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- aquafeed.com: https://www.aquafeed.com/commodities/commodity-news/2023-starts-with-an-increase-in-fishmeal-production/

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