# Market growth continues with 50% improvement in the fishmeal and fish oil global output in May 2021 vs May 2020 | IFFO - The Marine Ingredients Organisation

> IFFO reported that cumulative fishmeal production from January to May 2021 in its covered countries rose 48% year on year, and fish oil rose 51%. The gain was driven mainly by Peru's earlier first fishing season, while China's domestic output stayed weak because of a lack of by-products and its fishmeal imports hit record port stocks.

- Date: 2021-07-06 · published 2021-07-06T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/46182-market-growth-continues-with-50-improvement-in-the-fishmeal-and-fish-oil-global
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Stronger Peruvian output adds fishmeal supply, which weighs on prices, but rising Chinese demand and record Chinese port stocks pull the other way. Buyers should expect the net price effect to be mixed.

## Read by commodity

- FISHMEAL: neutral

## Sources

- iffo.com: https://www.iffo.com/market-growth-continues-50-improvement-fishmeal-and-fish-oil-global-output-may-2021-vs-may-2020

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