Peru: Fishery sector up 31% in 1H 2018

Peru’s fishery sector expanded 31% in extraction volume during the first half of 2018 boosted by greater anchovy landings (4.7 million) aimed at producing fish flour and oil, Production Ministry (Produce) reported Wednesday.

“There hadn’t been such a high landing volume of anchovy for indirect human consumption on a biannual level since 2011,” Minister Raul Perez-Reyes pointed out.

“This achievement was possible due to a responsible management of fishery resources and Produce’s juvenile fish protection policy,” he added.

The 2.8% growth in landings —aimed at direct human consumption— also contributed to the good performance registered in the extractive activity between January and June 2018, although to a minor extent.

Said catches included species such as anchovy, tuna, bonito, giant squid, and shrimp, among others.

In terms of value, the fishery sector exceeded S/2.893 billion (US$883 million) in the first half of 2018 —a 20% expansion over the same period in 2017— as a result of an increase in anchovy landings value.



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