Export market for Fish Oil in China (11월, 2022)

Peru is a global leader in the production of fishmeal and fish oil, accounting for nearly 60% of the world's supply and ranking as the world's largest producer. The industry, which relies primarily on anchoveta as a raw material, is a significant contributor to the country's exports, with over 9.6% of its total export revenue. The by-product, fish oil, has gained increased value due to its omega-3 fatty acids, now more valuable than fishmeal. The process of making fishmeal and fish oil has been enhanced with the use of vapor pretreatment as fuel, reducing environmental impact and increasing energy efficiency. The fishing industry is a pioneer in waste recovery technologies, such as the recovery of up to 30 tons of oil daily from wastewater treatment, generating substantial daily revenues. Despite a decline in exports in the first half of 2022, the fishmeal and fish oil industry continues to play a crucial role in Peru's economy and[/INST].