Andina

Peru: Fishery sector recovers, up 4.67% in 2017

Peruvian industry in Paita, Piura. Photo: ANDINA/ Rafael Cornejo

Peruvian industry in Paita, Piura. Photo: ANDINA/ Rafael Cornejo

08:30 | Lima, Feb. 2.

Peru's fishing industry experienced a rebound in 2017, growing 4.67% after a 10.1% decline in 2016, the National Institute of Statistics and Informatics (INEI) reported.

The sector ended 2017 on a positive note, even though fishing production decreased 66.87% in December —the month of analysis.

This was due to the fact that Peru reported no landings of anchovy for indirect human consumption, following a suspension of the second fishing season because of the high presence of juveniles.

On the other hand, fishing for direct human consumption increased 4.91% in December 2017, driven by larger hauls of species destined for cured (29.1%), canned (26.7%), and fresh consumption (13.3%) products.

Also, a 4.5% decline was observed in the capture of species destined for frozen products.

As is known, Peru's fishing industry advanced 286.12% in November 2013, the highest year-on-year increase ever recorded.

(END) JJN/JJN/RMB/MVB

Published: 2/2/2018