echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > IFFO's analysis of marine raw materials market trends (January to March 2021)

    IFFO's analysis of marine raw materials market trends (January to March 2021)

    • Last Update: 2021-04-07
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    From IFFO on March 23, IFFO analyzed the trend of the marine raw material market from January to March 2021.
    Including market supply and demand analysis, and focusing on global trends in the global foodmate.
    net/tag_2091.
    html" class="zdbq" title="Livestock related food information" target="_blank">animal husbandry and fishing industry, foodmate.
    net/tag_1357.
    html" class="zdbq" title="Agricultural products related food information" target="_blank">agricultural product and commodity foodmate.
    net/tag_2496.
    html" class="zdbq" title="Price related food information" target="_blank">prices, and macroeconomic conditions.
    Since foodmate.
    net/tag_5027.
    html" class="zdbq" title="China-related food information" target="_blank">China has been a major market for marine raw materials so far, we have paid special attention to the development trend in China.
     
    The total production of fishmeal and fish oil in January 2021 exceeds that of January 2020
     
    Peru, Chile, the Nordic region and African countries reported that raw material supply in January 2021 has improved compared to January 2020.
    In contrast, the United States reported that its raw material supply has fallen sharply due to reduced catches in Alaska.
    In fact, the oil herring fishing season in the United States will begin in April.
     
    Due to the higher than average catches in Peru and Chile, the total production of fishmeal and fish oil (including salmon meal and fish oil) in January 2021 was much higher than in January 2020.
     
    China: Demand for seafood is still strong, and aquatic feed production is expected to rebound in mid-March
     
    Before and after the Spring Festival, domestic fishmeal production declined.
    After the holiday, Shandong and Zhejiang resumed production, while the Liaoning fishmeal factory cannot resume production until September due to insufficient raw materials.
    Compared with the first quarter of 2020, the domestic supply of fishmeal in the first quarter of 2021 may not improve.
     
    The pig industry continued to recover.
    Swine feed production increased at the beginning of the year, but the recent outbreak of African swine fever seems to have affected swine feed consumption in February and March.
     
    The aquaculture industry is still in the off-season, and the production of aquatic feed remains sluggish temporarily.
    We expect that from the second half of March, the production of aquatic feed will pick up.
    The rise in the price of aquatic products shows that thanks to the recovery of China's catering industry, the demand for seafood is strong.
    foodmate.
    net/tag_2091.
    html" class="zdbq" title="Livestock related food information" target="_blank">Livestock foodmate.
    net/tag_1357.
    html" class="zdbq" title="Agricultural products related food information" target="_blank">agricultural products foodmate.
    net/tag_2496.
    html" class="zdbq" title="Price related food information" target="_blank">prices foodmate.
    net/tag_5027.
    html" class="zdbq" title="China-related food information" target="_blank">China
     
      The total production of fishmeal and fish oil in January 2021 exceeds that of January 2020
     
      Peru, Chile, the Nordic region and African countries reported that raw material supply in January 2021 has improved compared to January 2020.
    In contrast, the United States reported that its raw material supply has fallen sharply due to reduced catches in Alaska.
    In fact, the oil herring fishing season in the United States will begin in April.
     
      Due to the higher than average catches in Peru and Chile, the total production of fishmeal and fish oil (including salmon meal and fish oil) in January 2021 was much higher than in January 2020.
     
      China: Demand for seafood is still strong, and aquatic feed production is expected to rebound in mid-March
     
      Before and after the Spring Festival, domestic fishmeal production declined.
    After the holiday, Shandong and Zhejiang resumed production, while the Liaoning fishmeal factory cannot resume production until September due to insufficient raw materials.
    Compared with the first quarter of 2020, the domestic supply of fishmeal in the first quarter of 2021 may not improve.
     
      The pig industry continued to recover.
    Swine feed production increased at the beginning of the year, but the recent outbreak of African swine fever seems to have affected swine feed consumption in February and March.
     
      The aquaculture industry is still in the off-season, and the production of aquatic feed remains sluggish temporarily.
    We expect that from the second half of March, the production of aquatic feed will pick up.
    The rise in the price of aquatic products shows that thanks to the recovery of China's catering industry, the demand for seafood is strong.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.