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Fishery sector up 14.5% in Peru

Staff Writer |
Peru's fishery sector grew 14.5% —in terms of volume— last February, due to catches of anchovy destined for the production of fish meal and oil, Production Ministry (Produce) reported.

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This growth was mainly underpinned by greater unloading of species for indirect human consumption industries in the country's southern regions, bearing in mind anchovy captures were banned in north-central areas.

Higher catches of mahi-mahi, tuna, hake, giant squid, and prawns —destined for human consumption— also contributed to said result.

Economically speaking, the fishery sector registered a 5.1% increase last February, mainly explained by the value increase of anchovy hauls for indirect human consumption (119.9%).

Finally, Produce noted the value of species —aimed at direct human consumption— saw an increase (9.4%), mainly for the cured products subsector.

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