Peru Fish Meal HS2301 Export Data 2025 February Overview

Peru Fish Meal (HS 2301) 2025 February Export: Key Takeaways

Peru's Fish Meal exports under HS Code 2301 in February 2025 reveal a high reliance on China, which dominated 63% of volume and value, signaling geographic concentration risk. The stable unit price of 1.40 USD/kg reflects typical bulk commodity trade dynamics, while European and Asian markets present diversification opportunities. This analysis, based on cleanly processed Customs data from the yTrade database, highlights the need for strategic buyer expansion and supply chain resilience in Peru's Fish Meal export sector.

Peru Fish Meal (HS 2301) 2025 February Export Background

Peru's Fish Meal, classified under HS Code 2301 as "Flours, meals and pellets of meat or fish; greaves," is a critical input for animal feed and aquaculture industries, driving steady global demand. The U.S.-Peru Trade Promotion Agreement (TPA) ensures tariff-free access for U.S. exports [Trade.gov], while Peru remains the world's second-largest exporter of animal meal and pellets, with $952M in 2023 exports [OEC]. February 2025 data shows Peru's Fish Meal exports to China, highlighting its strategic role in meeting international protein needs.

Peru Fish Meal (HS 2301) 2025 February Export: Trend Summary

Key Observations

Peru Fish Meal HS Code 2301 Export 2025 February saw a notable divergence between volume and price performance, with export volumes dropping sharply while unit prices held firm.

Price and Volume Dynamics

Total export volume fell by 12.6% month-over-month to 277.52 million kg, while the average unit price edged up 1.4% to $1.41/kg. This pattern aligns with typical seasonal fishing cycles, where reduced catch volumes in February—often due to regulatory fishing quotas or biological bans—constrain supply. Despite lower shipment volumes, resilient demand from key importers like China supported pricing, preventing a steeper decline in total export value, which settled at $390.09 million.

External Context and Outlook

The U.S.-Peru Trade Promotion Agreement continues to provide tariff-free access for industrial goods [Trade.gov], supporting stable export conditions despite monthly volatility. As Peru remains the world’s second-largest exporter of animal meal and pellets (OEC World), sustained international demand—particularly from Asia—is likely to keep prices elevated. Watch for catch quota adjustments and weather impacts on fishing activity in the coming months.

Peru Fish Meal (HS 2301) 2025 February Export: HS Code Breakdown

Product Specialization and Concentration

In February 2025, Peru's Fish Meal exports under HS Code 2301 are overwhelmingly concentrated in sub-code 2301201100 for flours, meals and pellets of fish or aquatic invertebrates. This sub-code holds over 99% of the export weight and value, with a unit price of 1.40 USD per kilogram. A minor sub-code, 2301209000, has a higher unit price of 2.73 USD per kilogram but represents less than 1% of volume, indicating a isolated premium variant without significant market impact.

Value-Chain Structure and Grade Analysis

The Peru Fish Meal HS Code 2301 export structure in 2025 February consists of two product grades: a bulk standard grade with lower pricing and a premium grade with higher pricing. This setup shows that Fish Meal is primarily a fungible bulk commodity, traded on volume and standard quality, but with slight differentiation that allows for price tiers based on grade or processing.

Strategic Implication and Pricing Power

Peru's heavy reliance on bulk Fish Meal exports under HS Code 2301 grants it strong pricing power in global markets, supported by its established export volume. According to OEC World, Peru is the second-largest exporter of animal meal and pellets, reinforcing its competitive edge. Strategic focus should prioritize maintaining cost leadership in bulk production while exploring opportunities in premium segments for higher margins.

Check Detailed HS 2301 Breakdown

Peru Fish Meal (HS 2301) 2025 February Export: Market Concentration

Geographic Concentration and Dominant Role

In February 2025, Peru's Fish Meal exports under HS Code 2301 were heavily concentrated, with China Mainland dominating both volume and value. China accounted for 63.07% of the weight and 62.65% of the value, showing nearly equal ratios that indicate a stable unit price around 1.40 USD per kilogram, typical for bulk commodity trade like fish meal.

Partner Countries Clusters and Underlying Causes

The importers form three clusters based on trade patterns. First, China's massive share stems from its large aquaculture industry needing feed inputs. Second, European countries like Germany, Denmark, and Spain import for livestock feed, with Germany's 20.36% weight share reflecting steady demand. Third, Asian nations like Japan, Vietnam, and South Korea have smaller but consistent volumes, likely due to regional proximity and specific quality needs, as seen in Japan's slightly higher value ratio suggesting premium product purchases.

Forward Strategy and Supply Chain Implications

Peru's reliance on China for over 60% of Fish Meal exports creates vulnerability to demand changes. Diversifying into European and other Asian markets can reduce risk. Improving product quality could capture higher prices in markets like Japan. As a top global exporter [OEC World], Peru should use its strength to negotiate better trade terms and ensure supply chain resilience for HS Code 2301 exports.

Get Complete Partner Countries Profile

Peru Fish Meal (HS 2301) 2025 February Export: Action Plan for Fish Meal Market Expansion

Strategic Supply Chain Overview

Peru Fish Meal Export 2025 February under HS Code 2301 operates as a bulk commodity market. Price is driven by two factors: global demand for standard-grade product and minor premium differentiation. China's dominance as a buyer creates geopolitical risk, while reliance on a few high-volume purchasers adds demand volatility. The supply chain implication is clear: Peru functions as a critical global processing hub, but must secure both supply sources and buyer relationships to maintain its role.

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

• Negotiate long-term contracts with top-tier buyers using shipment frequency data. This locks in stable revenue and reduces exposure to spot market price swings for HS Code 2301.
• Diversify export destinations by analyzing import growth trends in secondary Asian and European markets. This reduces over-dependence on a single buyer and builds a more resilient trade structure.
• Develop a separate product line for the premium sub-code (2301209000) targeting markets like Japan. This captures higher margins and utilizes existing production infrastructure more effectively.
• Monitor Chinese aquaculture feed demand indicators and inventory levels monthly. This provides early warning of demand shifts, allowing for proactive sales strategy adjustments.
• Benchmark production costs against other major global exporters of animal meal. This ensures Peru's cost leadership position is maintained, protecting market share.

Execute this plan to solidify Peru's position and drive profitability.

Take Action Now —— Explore Peru Fish Meal Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Fish Meal Export 2025 February?

A1. Export volumes dropped 12.6% due to seasonal fishing constraints, but unit prices rose 1.4% as resilient demand from key markets like China offset supply shortages.

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

A2. China dominates with 63% of volume and value, followed by Germany (20.36% weight share) and smaller Asian markets like Japan and Vietnam.

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

A3. The bulk standard grade (sub-code 2301201100) trades at $1.40/kg, while the rare premium variant (2301209000) commands $2.73/kg, with Japan likely purchasing higher-grade product.

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

A4. Prioritize relationships with high-value, high-frequency buyers (98.96% of trade) while diversifying into European and niche Asian markets to reduce reliance on China.

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

A5. Bulk buyers like China benefit from stable pricing, while premium-seeking markets (e.g., Japan) face limited high-grade supply. All depend heavily on Peru’s production cycles.

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

A6. Primarily as feed for aquaculture (China) and livestock (Europe), traded as a bulk commodity with minor premium segments for specialized needs.