# April 2022 update on market trends | IFFO - The Marine Ingredients Organisation

> IFFO's April 2022 market update reports that fishmeal production in its sample countries fell 11% year on year in January-February 2022, while fish oil output rose 12%. The decline is attributed to fewer catches in northern-central Peru, with higher Icelandic capelin catches lifting oil output.

- Date: 2022-04-15 · published 2022-04-15T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/41932-april-2022-update-on-market-trends-iffo-the-marine-ingredients-organisation
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A sharp fishmeal supply drop from Peru, the main anchoveta source, tightens the protein market for feed buyers and supports fishmeal prices.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2024-01-12 | [Marine Ingredients Market Trends (January 2024) \| IFFO - The Marine Ingredients Organisation](https://feedsoft.ai/events/32207-marine-ingredients-market-trends-january-2024-iffo-the-marine-ingredients.md) | -0.1% | -3.3% |
| SBM | 2024-01-15 | [Latest trends in marine ingredients market following Peru's closure of anchovy fishing season - All Fish News](https://feedsoft.ai/events/32059-latest-trends-in-marine-ingredients-market-following-peru-s-closure-of-anchovy.md) | +1.1% | -1.2% |
| SBM | 2026-10-28 | [IFFO conference research: Aquafeed carbon footprint rose approximately fourfold as marine ingredient use fell](https://feedsoft.ai/events/159-iffo-conference-research-aquafeed-carbon-footprint-rose-approximately-fourfold.md) | -3.8% | — |
| SBM | 2022-01-17 | [Market Trends Report – January & February 2022 - Grain Farmers of Ontario](https://feedsoft.ai/events/11815-market-trends-report-january-and-february-2022-grain-farmers-of-ontario.md) | -9.7% | +3.3% |
| SBM | 2020-04-21 | [The future of feed ingredients - Milling and Grain](https://feedsoft.ai/events/53761-the-future-of-feed-ingredients-milling-and-grain.md) | -0.1% | -0.2% |

## Sources

- iffo.com: https://www.iffo.com/april-2022-update-market-trends

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