Peru Fish Flour HS230120 Export Data 2025 Q2 Overview

Peru Fish Flour (HS 230120) 2025 Q2 Export: Key Takeaways

Peru Fish Flour (HS Code 230120) exports in 2025 Q2 reveal a commodity-driven market dominated by China, which accounted for 85% of volume and value, confirming bulk-grade trade with minimal price differentiation. Japan and Denmark formed a premium cluster, paying 9% higher unit prices, while Ecuador and Spain served regional buyers. Over-reliance on China poses significant risk, urging diversification toward premium markets amid tightening margins due to new customs duty policies. This analysis, based on cleanly processed Customs data from the yTrade database, highlights the urgent need for strategic shifts in Peru’s fish flour trade.

Peru Fish Flour (HS 230120) 2025 Q2 Export Background

What is HS Code 230120?

HS Code 230120 covers flours, meals, and pellets of fish or crustaceans, molluscs, or other aquatic invertebrates, commonly known as fish flour or fish meal. This product is primarily used in animal feed, aquaculture, and agriculture due to its high protein content, driving consistent global demand. Peru's fish meal exports, particularly under this HS code, are a critical component of its trade economy, leveraging its abundant marine resources.

Current Context and Strategic Position

In Q2 2025, Peru's Fish Flour HS Code 230120 Export market remained stable, with China absorbing ~85% of shipments and Japan paying premiums for specialized grades [ytrade.com]. While no new trade restrictions were imposed, a July 2025 regulatory update reduced customs duty refunds for exporters, potentially increasing costs [Chambers Global Practice Guides]. Peru's strategic reliance on the US-Peru Free Trade Agreement ensures competitive access, but over-dependence on China and commodity price volatility necessitate market diversification efforts. Vigilance is key for Peru Fish Flour HS Code 230120 Export 2025 Q2 stakeholders.

Peru Fish Flour (HS 230120) 2025 Q2 Export: Trend Summary

Key Observations

Peru Fish Flour HS Code 230120 Export 2025 Q2 totaled approximately 1005.68 million USD in value and 711.11 million kg in volume, reflecting a decrease from the previous quarter's performance.

Price and Volume Dynamics

The quarter-on-quarter decline in exports aligns with typical seasonal fishing cycles in Peru's fish meal industry, where regulatory fishing bans or reduced quotas in early 2025 likely constrained supply during April and May. However, a sharp rebound in June, with exports reaching 529.32 million USD, indicates the potential start of a new fishing season or eased restrictions, driving a recovery in output and aligning with historical industry patterns.

External Context and Outlook

The anticipated price surge in Q3 2025, as reported by [ytrade.com], supports the seasonal outlook for Peru Fish Flour exports, suggesting stronger demand ahead. Additionally, trade policies aimed at stabilizing agricultural markets [Chambers Global Practice Guides] and ongoing benefits from agreements like the US-Peru FTA provide a supportive framework for future export stability.

Peru Fish Flour (HS 230120) 2025 Q2 Export: HS Code Breakdown

Product Specialization and Concentration

According to yTrade data, Peru's Fish Flour exports under HS Code 230120 in 2025 Q2 are overwhelmingly concentrated in HS Code 2301201100, which handles flours, meals, and pellets of fish or aquatic invertebrates, accounting for over 95% of both export value and weight at a unit price of 1.41 USD per kilogram. A minor sub-code, 2301209000, shows a significantly higher unit price of 2.19 USD per kilogram but represents less than 1% of total exports, indicating a potential premium grade that is isolated from the main analysis due to its anomalous nature.

Value-Chain Structure and Grade Analysis

The export structure for Peru Fish Flour HS Code 230120 Export 2025 Q2 is dominated by a standard bulk commodity grade under 2301201100, with unit prices around 1.41 USD per kilogram, suggesting a fungible product traded primarily on volume rather than differentiation. The remaining non-anomalous sub-codes, including 2301201900 with a similar price point, reinforce this bulk commodity nature, where trade is likely tied to market indices and standardized quality, with minimal value-add stages evident in the data.

Strategic Implication and Pricing Power

For market players, the high concentration in a single bulk grade under Peru Fish Flour HS Code 230120 Export 2025 Q2 implies limited pricing power and a focus on cost efficiency and volume-driven strategies. The presence of a small premium segment offers niche opportunities for higher margins, but the overall market structure demands attention to global commodity price fluctuations and supply chain optimization to maintain competitiveness.

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Peru Fish Flour (HS 230120) 2025 Q2 Export: Market Concentration

Geographic Concentration and Dominant Role

Peru Fish Flour HS Code 230120 Export 2025 Q2 shows extreme market concentration, with China Mainland dominating at 85.3% of total value and 85.6% of weight. The nearly identical value and weight ratios confirm this is a bulk commodity trade where China acts as the volume buyer of standard-grade product. The minimal 0.3% disparity between value and weight ratios indicates China purchases fish flour as a price-sensitive commodity rather than paying premiums for specialized grades.

Partner Countries Clusters and Underlying Causes

Two distinct clusters emerge beyond China. Japan and Denmark form a premium cluster, with Japan showing a 9% higher value-to-weight ratio (2.49 vs 2.28) suggesting purchases of higher-quality or specialized grades. Ecuador, Spain, and Chile represent regional suppliers with competitive pricing, likely serving adjacent markets or specific industrial applications. Taiwan and Hong Kong appear as processing and re-export hubs, handling smaller volumes but maintaining value through logistical efficiency.

Forward Strategy and Supply Chain Implications

Exporters face significant risk from over-reliance on China, requiring immediate diversification efforts toward premium markets like Japan where unit prices reached approximately $1.58/kg compared to China's $1.41/kg [ytrade.com]. The commodity nature of fish flour means price volatility will continue driving procurement decisions, making cost control critical. New customs duty refund reductions to 1% of FOB value implemented in mid-2025 will squeeze margins, forcing operators to optimize logistics and seek buyers willing to pay quality premiums rather than competing solely on bulk price.

Table: Peru Fish Flour (HS 230120) Top Partner Countries (Source: yTrade)

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Peru Fish Flour (HS 230120) 2025 Q2 Export: Action Plan for Fish Flour Market Expansion

Strategic Supply Chain Overview

The Peru Fish Flour Export 2025 Q2 under HS Code 230120 operates as a bulk commodity market. Price is driven by global commodity indices and supply security, not product differentiation. China dominates as the volume buyer, creating high reliance risk. The supply chain implication is a high-volume processing hub role with vulnerability to single-market demand shifts. Only niche premium buyers like Japan offer pricing power through quality-based procurement.

Action Plan: Data-Driven Steps for Fish Flour Market Execution

• Target buyers in Japan and Denmark using unit price filters. Their higher value-to-weight ratios indicate premium grade demand, improving margin potential beyond bulk commodity pricing.
• Diversify export destinations by analyzing import trends of secondary markets. Reduce over-reliance on China and insulate against sudden demand shocks in a single region.
• Optimize logistics and shipping terms for cost-sensitive bulk buyers. The new 1% customs duty refund reduction squeezes margins, making operational efficiency critical for competitiveness.
• Monitor order frequency data of top buyers to anticipate demand cycles. This allows for better production planning and inventory management, preventing overstock or shortfalls.

Take Action Now —— Explore Peru Fish Flour Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Fish Flour Export 2025 Q2?

The Q2 decline in exports reflects seasonal fishing restrictions, while the sharp June rebound suggests eased quotas or a new fishing season. The bulk commodity nature of fish flour trade means price volatility and supply fluctuations heavily influence market dynamics.

Q2. Who are the main partner countries in this Peru Fish Flour Export 2025 Q2?

China dominates with 85.3% of export value, followed by Japan and Denmark as premium buyers, and Ecuador, Spain, and Chile as regional suppliers.

Q3. Why does the unit price differ across Peru Fish Flour Export 2025 Q2 partner countries?

Price differences stem from grade specialization: China buys bulk-standard fish flour at $1.41/kg, while Japan pays $1.58/kg for higher-quality grades. A niche sub-code (2301209000) commands $2.19/kg but represents under 1% of exports.

Q4. What should exporters in Peru focus on in the current Fish Flour export market?

Exporters must prioritize relationships with high-volume buyers (98.82% of trade) while diversifying into premium markets like Japan to reduce reliance on China. Cost efficiency and supply chain optimization are critical due to commodity-driven price pressures.

Q5. What does this Peru Fish Flour export pattern mean for buyers in partner countries?

China’s bulk purchases ensure stable supply but limit pricing power, while premium buyers like Japan can access higher-grade products. Smaller buyers face negligible influence due to extreme market concentration.

Q6. How is Fish Flour typically used in this trade flow?

Fish flour is traded as a bulk commodity, primarily for industrial applications like animal feed or fertilizer, with minimal value-add stages. Standardized quality and volume-driven trade dominate the market.

Detailed Monthly Report

Peru HS230120 Export Snapshot 2025 APR

Peru HS230120 Export Snapshot 2025 MAY

Peru HS230120 Export Snapshot 2025 JUN