PERU :Peru's fisheries production grew by 17.8 per cent between January and August of this year, compared to the same period of 2017, with which it positioned itself as the most dynamic sector in the first eight months of the year, reported the Foreign Trade Company (Comex Peru).
According to the Technical Report of National Production prepared by the National Institute of Statistics and Informatics (INEI), this result was due to the greater capture of species of maritime (+18.7 per cent) and continental (+0.2 per cent ) origin. Thus, fishing of maritime origin destined for direct human consumption grew by 5.4 per cent and that was destined for the industrial sector, by 31.3 per cent.
A report from the Central Reserve Bank of Peru (BCRP) states that the adequate level of biomass and the absence of extraordinary climatic conditions favoured the positive performance of the sector, which reached 95 per cent of the quota established at the close of the first fishing season.
According to the INEI, in the month of August, of the 2.3 per cent that the Peruvian economy grew, the fisheries production contributed with 0.05 percentage points (pp).
Also, after two months of decline, the production of this sector grew by 26 per cent, driven mainly by marine fishing for direct human consumption, which increased by 30.8 per cent due to the higher catch of species to produce frozen products (+89.1 per cent), smoked products (+ 20.1 per cent) and canned ones (+ 1.9 per cent).
However, there was a lower catch of species for fresh consumption, which decreased by 3.6 per cent. On the other hand, fishing of marine origin for indirect or industrial human consumption (preparation of fishmeal and fish oil) fell by 48.5 per cent, as a consequence of the non-capture of other species (-100 per cent) and the lower landing of anchovy (-17.8 per cent), before the extension of the closure period in the northern and central areas of the coast.