# Latest data shows lower global use of marine raw materials | The Fish Site

> IFFO data show global use of marine raw materials in March 2022 was 6% lower than in March 2021, with fishmeal output rising only in India, Iceland/North Atlantic and Africa. The decline is largely attributed to a slow start to Peru's fishing season after its late-2021 quota was landed.

- Date: 2022-05-18 · published 2022-05-18T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/41494-latest-data-shows-lower-global-use-of-marine-raw-materials-the-fish-site
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Lower year-on-year fishmeal and fish oil output points to tighter global supply, which supports prices for feed buyers while Peru's season remains slow.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- thefishsite.com: https://thefishsite.com/articles/latest-data-shows-lower-global-use-of-marine-raw-materials

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