# Global fishmeal, fish oil production on upward trend | Feed Strategy

> IFFO reports global fishmeal production rose about 11% in 2020 and fish oil output rose 12%, despite reduced output from major producers such as Chile, the U.S. and India during COVID-19 shutdowns. Growth in Japan, Thailand, Russia, Morocco and Germany more than offset those declines, adding over 100,000 metric tons of fishmeal supply. IFFO expects the upward trend to continue into 2021, with Peru seen as a key contributor.

- Date: 2021-05-04 · published 2021-05-04T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/46984-global-fishmeal-fish-oil-production-on-upward-trend-feed-strategy
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher fishmeal and fish oil supply eases a tight protein ingredient market for feed compounders, which may cap fishmeal price strength. Peru's anchovy output recovery is the main swing factor for 2021 supply.

## Read by commodity

- SBM: neutral
- FISHMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2024-09-30 | [Aquafeed.com \|
   

   
    Global fishmeal and fish oil production surges in 2024](https://feedsoft.ai/events/28383-aquafeed-com-global-fishmeal-and-fish-oil-production-surges-in-2024.md) | -2.5% | -10.5% |
| SBM | 2025-05-07 | [Aquafeed.com \|
   

   
    Fishmeal and fish oil production remains high](https://feedsoft.ai/events/24762-aquafeed-com-fishmeal-and-fish-oil-production-remains-high.md) | -0.0% | +2.2% |
| SBM | 2018-06-21 | [Aquafeed.com \|
   

   
    EUMOFA Highlights: Global fishmeal and fish oil production increased in 2017](https://feedsoft.ai/events/64606-aquafeed-com-eumofa-highlights-global-fishmeal-and-fish-oil-production.md) | +0.2% | -1.3% |
| SBM | 2024-04-03 | [Anatomy of a fall in global feed production](https://feedsoft.ai/events/30854-anatomy-of-a-fall-in-global-feed-production.md) | +1.7% | +5.1% |
| SBM | 2022-01-17 | [IFFO’s analysis on fishmeal and fish oil market trends - International Aquafeed](https://feedsoft.ai/events/43235-iffo-s-analysis-on-fishmeal-and-fish-oil-market-trends-international-aquafeed.md) | -9.7% | +3.3% |

## Sources

- feedstrategy.com: https://www.feedstrategy.com/latest-news/article/15442174/global-fishmeal-fish-oil-production-on-upward-trend

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