In July, Peru's fishery landings were up 56.2% over 2023

The South American country's fishing GDP grew by 14.9% in July 2024, accumulating four months of growth.
Hake caught in Peru.

With an increase of 663.4% over the same month last year, hake is one of the species whose landings have increased the most in Peru in July 2024.

Photo: Produce.

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Peru's Ministry of Production (Produce) reported that, in July, the country's fishing landings totaled 186,730 tons, an increase of 56.2% over the same month in 2023, when 119,540 tons were landed.

In the cumulative period from January to July 2024, with more than 3.4 million tons unloaded, landings of the Peruvian fishing fleet increased by 95.7% compared to the same period last year.

As a result, the South American country's fishing GDP grew by 14.9% in July 2024 compared to July 2023. The figure is far from the 158.40% increase recorded in April, the rocketed 329.2% up in May, or even the 55.2% growth of June, but it does mean that the country accumulates four months of continuous growth.

"Fishing has been recovering, landings of fishery resources for indirect and direct human consumption have grown, contributing 0.6% to the national GDP and contributing PEN 291 million (EUR 69.47 million - USD 76.79 million) as a result of the extractive and transformative activity," said the head of Produce, Sergio González Guerrero.

Both landings for indirect and direct human consumption increased

Precisely thanks to the successful anchovy fishing season in the Central-North region of Peru, world fishmeal production has experienced a significant increase in the first half of 2024, as reported last week by the International Fishmeal and Fish Oil Organization (IFFO). Between January and June 2024, fishmeal production increased by 40% compared to the same period last year, while fish oil production grew by 10%.

Now, Minister González said the landings for indirect human consumption reached a volume of 39,200 tons in the last month of July, coming mainly from the southern zone this time, but again for the anchovy resource unloading, highlighting the ports of Matarani, Mollendo, Ilo and Pacocha.

Regarding the contribution of landings for direct human consumption, in July there was an increase of 23.5%, registering 147,530 tons, impacting the canning (+24.8%), frozen (+36.2%), and fresh (+8.7%) industries.

"The species that had a positive impact on the increase in direct human consumption landings were jack mackerel (+109.2%), industrial anchovy in the south (+247.0%), and hake (+663.4%), favored by oceanographic conditions," concluded the Minister of Production.

Recently we learned that according to the Environmental Performance Index 2024 (EPI 2024) by the Yale University and Columbia University science centers with the support of the McCall MacBain Foundation, Peru is the best fishing performance country in South America and one of the best fishing performance countries in the world.

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