# Peru: Fishing sector to grow 38% in 2018 - AquaHoy

> Peru's Production Minister Lieneke Schol projects the fishing sector will grow 38% in volume in 2018, driven by higher anchovy catches for fishmeal and oil. January 2018 landings reached 777,000 tons, up 7.5% year on year.

- Date: 2018-03-08 · published 2018-03-08T12:00:00.000Z
- Category: report · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/65901-peru-fishing-sector-to-grow-38-in-2018-aquahoy
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Expected larger anchovy catches increase fishmeal and fish oil supply, which is bearish for protein ingredient prices, though the outlook depends on favorable oceanographic conditions.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- aquahoy.com: https://aquahoy.com/peru-fishing-sector-to-grow-38-in-2018/

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