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« เมื่อ: สิงหาคม 23, 2010, 06:37:21 PM »


In 2009, Peru produced 1.35 million tonnes of fishmeal. (Photo: FIS)

High prices boost fishmeal exports

PERU
Monday, August 23, 2010, 14:30 (GMT + 9)



The National Fisheries Society (SNP) predicts that this year foreign shipments of fishmeal will exceed the USD 1.428 million achieved in 2009.

According to the president of the organisation, Humberto Speziani, the increase in exports has been achieved thanks to higher prices.

"At the end of the year, exports going to be better than in 2009 thanks to prices, but production will fall due to lower fishing quotas" allocated by the Government, Speziani said during an interview with Reuters.

According to official figures, last year the country produced 1.35 million tonnes of fishmeal.

This produce is essential to develop feed for animals such as pigs, cattle and poultry as well as in the aquaculture industry.

For the rest of the year, Speziani anticipated that the international price of fishmeal will fluctuate between USD 1,400 and USD 1,500, compared to an average of USD 926 in 2009.

After the earthquake in Chile in February, the price of this product increased to USD 1,900.

"The higher price [of material] is due to sustained demand from China, the destination of nearly 50 per cent of Peruvian exports of fish meal," said the businessman.

"China is our largest market and will remain our largest customer," he added.

In April, Scotiabank estimated that this year, foreign shipments of fishmeal from Peru would mark a record high of USD 1.845 million, representing 30 per cent more than in 2009.

Pablo Nano, an analyst at the Department of Economic Studies of Scotiabank, said the increase would be produced by the higher average export price (40 per cent higher), which was partially offset by a decrease of 8 per cent in the volume exported, reports Andina.

"We estimate that during 2010, the average export price is around USD 1,300 per tonne, in line with rising international prices, which would record an average of USD 1,600 per tonne," said Nano.

Meanwhile, Speziani recalls that companies are making changes to their plants to meet with international environmental standards required by central government, by 2014.

"The ecological investment that the industry needs to make amounts to around USD 200 million," he explained.

With regard to the possibility that the local fisheries Technologia de Alimentos SA (TASA) buying a salmon plant in Chile, Speziani said that for the time being the firm has suspended that business.

"We saw that the conditions were not given. At this time the decision is not advance on the issue. It is no longer a priority, but if something arises in the future, it will be re-evaluated," said the executive, who is also advisor at TASA's Senior Management.

As indicated by the latest Statistical Bulletin prepared by the Ministry of Production (Produce), in June 2010 109,000 tonnes of fish meal were exported, while in the same month last year this figure was 254,400 tonnes (a decrease of 57.2 per cent.

With regard to value, in the sixth month of this year USD 178.8 million of fishmeal was exported, 21.9 per cent less than in June 2009 when the figure totalled USD 228.8 million.

June exports increased foreign sales of fishmeal in the first six months to USD 780.9 million, up 1 per cent over the same period in 2009 (USD 773 million).

Related articles:

- Large decline in fish meal exports during June
- Fishmeal exports to grow 30 pct: Scotiabank
- Purchase of Chilean salmon firm set for three months


By Analia Murias
editorial@fis.com
www.fis.com


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