Andina

Peru: Fishery sector up 14.5% in Feb 2018

14:06 | Lima, Apr. 10.

Peru's fishery sector grew 14.5% —in terms of volume— last February due to catches of anchovy destined for the production of fish meal and oil, Production Ministry (Produce) reported Tuesday.

This growth was mainly underpinned by greater unloading of species for indirect human consumption industries in the country's southern regions, bearing in mind anchovy captures were banned in north-central areas.

Higher catches of mahi-mahi, tuna, hake, giant squid, and prawns —destined for human consumption— also contributed to said result.  

Economically speaking, the fishery sector registered a 5.1% increase last February, mainly explained by the value increase of anchovy hauls for indirect human consumption (119.9%).

Finally, Produce noted the value of species —aimed at direct human consumption— saw an increase (9.4%), mainly for the cured products subsector.

(END) MMG/FGM/MVB

Published: 4/10/2018