How much fishmeal does Peru produce and export?
Peru is the largest producer of fishmeal: 1.2 million tonnes in 2024, 21% of the world's 5.7 million tonnes (FAO FishStat). It is the largest exporter by value: $1.6 billion in 2024, 17% of world exports of fish and meat meal (HS 2301) (CEPII BACI). Its biggest customer is China, which takes 87% of its fishmeal exports by value.
All about fishmeal · All about Peru · Fishmeal price history
Peru's fishmeal production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 1 | 1.2 million tonnes | 21% | +8.3% a year | 2024 |
FAO Fisheries and Aquaculture statistics (FishStat), 2024. World total is the sum of reporting countries.
Share of world output over time
| 1990 | 2000 | 2010 | 2020 | 2024 |
|---|---|---|---|---|
| 20% | 33% | 18% | 20% | 21% |
Peru's fishmeal exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 1 | $1.6 billion | 17% | 962,325 t | $1,688 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 2301 (Flours, meals and pellets of meat or fish, unfit for human consumption).
Where Peru's fishmeal goes
| Destination | Value | Share of Peru's exports |
|---|---|---|
| China | $1.4B | 87% |
| Japan | $63M | 3.9% |
| Hong Kong | $41M | 2.5% |
| Ecuador | $34M | 2.1% |
| Other Asia, nes | $17M | 1.1% |
The fishmeal price Peru sells into
The benchmark price, Any origin, 64-65% protein, CIF Hamburg, was $2,916/t in September 2026, up 65% over twelve months. Its five-year volatility is 13% a year, calmer in 32% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Fishmeal price history.
Cite as: Commodity Origins, "Peru fishmeal: production, exports and prices", https://commodityorigins.com/countries/PER/fishmeal/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.