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Meanwhile, in China, domestic production of marine ingredients during the first five months of 2025 is estimated to be lower than in the same period of the previous year.

According to IFFO, the Marine Ingredients Organisation, total cumulative fishmeal and fish oil production in March 2025 has increased compared to the same period in 2024.

That is the estimate of IFFO, The Marine Ingredients Organisation, which also said fish oil increased by 12%.

China is experiencing lower total domestic aquafeed production in 2024 compared to the previous year.

Copeinca is one of Peru's largest anchoveta processors and one of the world's largest anchoveta fishmeal and fish oil producers and exporters.

While Peru's cumulative supply increased significantly year-on-year due to its strong anchovy seasons, the rest of the regions analyzed in IFFO's report, including China, showed a decline.