# Global fishmeal production up, fish oil down - Food & Agribusiness

> IFFO estimates 2021 global fishmeal production at 2.443 million tonnes, up from 2.359 million in 2020. Fish oil output in the sampled countries fell nearly 6% to 546,000 tonnes from 581,000 tonnes.

- Date: 2022-02-11 · published 2022-02-11T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/42778-global-fishmeal-production-up-fish-oil-down-food-and-agribusiness
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher fishmeal output adds supply, but strong Chinese import demand and aquaculture-driven consumption limit downside for prices, while lower fish oil output supports oil prices.

## Read by commodity

- PALMOIL: neutral
- FISHMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-12-28 | [IFFO: Peru's fishing woes drive world fishmeal, oil production dip - Undercurrent News](https://feedsoft.ai/events/32480-iffo-peru-s-fishing-woes-drive-world-fishmeal-oil-production-dip-undercurrent.md) | -2.2% | +2.0% |
| PALMOIL | 2024-06-01 | [Palm Oil Production, Exports and Consumption Up](https://feedsoft.ai/events/30355-palm-oil-production-exports-and-consumption-up.md) | +2.4% | +2.1% |
| PALMOIL | 2017-06-25 | [Malaysian Palm Oil \|         Global Oil & Fats Business Online – gofbonline.com](https://feedsoft.ai/events/70588-malaysian-palm-oil-global-oil-and-fats-business-online-gofbonline-com.md) | +0.1% | +3.2% |
| 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% |

## Sources

- foodagribusiness.world: https://www.foodagribusiness.world/feed/global-fishmeal-production-up-fish-oil-down

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