# IFFO reports on marine ingredients market trends 2023 - International Aquafeed

> IFFO's market intelligence report on marine ingredients covers January to November 2022 data. Cumulative fish oil output in the first 11 months of 2022 rose year on year, while fishmeal output fell, mainly due to a late start to Peru's second fishing season.

- Date: 2023-02-10 · published 2023-02-10T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/37410-iffo-reports-on-marine-ingredients-market-trends-2023-international-aquafeed
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower fishmeal supply from Peru, the largest source, tightens global protein supply for feed buyers and supports fishmeal prices, while higher fish oil output adds some offsetting supply.

## Read by commodity

- PALMOIL: neutral
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-01-23 | [What’s on the horizon for marine ingredients in 2023? \| The Fish Site](https://feedsoft.ai/events/37885-what-s-on-the-horizon-for-marine-ingredients-in-2023-the-fish-site.md) | -0.0% | +1.0% |
| PALMOIL | 2022-02-04 | [Marine ingredients production – World Fishing](https://feedsoft.ai/events/42616-marine-ingredients-production-world-fishing.md) | +0.6% | +14.5% |
| PALMOIL | 2021-04-14 | [Palm unchanged on anticipation of higher production and exports - Markets - Business Recorder](https://feedsoft.ai/events/47469-palm-unchanged-on-anticipation-of-higher-production-and-exports-markets.md) | +3.9% | +15.3% |
| PALMOIL | 2017-11-23 | [Europe on track to achieving 100% sustainable palm oil in food, feed and oleochemicals \| Bioenergy International](https://feedsoft.ai/events/67999-europe-on-track-to-achieving-100-sustainable-palm-oil-in-food-feed-and.md) | -0.4% | -6.3% |
| PALMOIL | 2018-09-25 | [Deforestation-linked palm oil still finding its way into top consumer brands: report](https://feedsoft.ai/events/62903-deforestation-linked-palm-oil-still-finding-its-way-into-top-consumer-brands.md) | -2.4% | -0.0% |

## Sources

- aquafeed.co.uk: https://www.aquafeed.co.uk/iffo-reports-on-marine-ingredients-market-trends-2023/

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