Peru Fish Meal HS2301 Export Data 2025 May Overview

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

Peru Fish Meal HS Code 2301 Export 2025 May reveals a market dominated by China, which accounted for over 80% of volume and value, reflecting a bulk commodity trade with minimal price variation. The trade clusters into three groups: China as the primary buyer, regional producers like Ecuador for small-scale swaps, and diversified buyers like Japan for specialized feed. Sellers must prioritize large-volume contracts with China while cultivating secondary buyers to mitigate concentration risk. This analysis covers May 2025 and is based on cleanly processed Customs data from the yTrade database.

Peru Fish Meal (HS 2301) 2025 May Export Background

Peru's Fish Meal (HS Code 2301) covers flours, meals, and pellets of meat or fish, critical for animal feed and aquaculture industries due to its high protein content. Global demand remains steady, driven by livestock and fish farming needs. Recent US tariff changes in April 2025 [EY Tax News] add uncertainty, but Peru's role as a top exporter—shipping $952M in 2023 [OEC]—keeps its 2025 May exports strategically vital for trade partners.

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

Key Observations

Peru Fish Meal HS Code 2301 Export 2025 May experienced a sharp contraction, with volume plunging 31% month-over-month to 136.46 million units and value dropping similarly to $194.47 million, while unit prices held steady at $1.43/kg.

Price and Volume Dynamics

The first five months of 2025 show heightened volatility, with a steep decline from April to May following a gradual erosion since January. This pattern aligns with typical seasonal downturns in fishing activity or animal feed demand cycles, where post-harvest lulls often reduce export volumes. Despite the volume collapse, resilient unit prices suggest underlying supply-demand balance or cost pressures, preventing a price crash.

External Context and Outlook

The April 2025 US tariff imposition of 10% on all trading partners [EY Tax News] directly exacerbated the export slump, likely disrupting trade flows and increasing export costs. While the US-Peru Trade Promotion Agreement (TPA) historically supported duty-free access (Trade.gov), the new tariffs may sustain pressure on Peru Fish Meal exports, necessitating market diversification or policy adaptations to stabilize 2025 performance.

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

Product Specialization and Concentration

In May 2025, Peru's Fish Meal exports under HS Code 2301 are heavily concentrated in the sub-code for flours, meals and pellets of fish or aquatic invertebrates, specifically HS Code 2301201100, which holds over 97% of the export value and weight with a unit price of 1.42 USD per kilogram. The minor sub-codes include a similar product at a higher price of 2.22 USD per kilogram and a meat-based variant at 0.93 USD per kilogram, but these are isolated due to their low shares and are not part of the main analysis pool.

Value-Chain Structure and Grade Analysis

The export structure for Peru Fish Meal HS Code 2301 in 2025 May reveals two distinct categories beyond the dominant sub-code: a premium-grade fish meal with a higher unit price, suggesting better quality or processing, and a separate meat-based meal category with lower pricing. This differentiation indicates that the trade involves somewhat specialized products rather than purely fungible bulk commodities, as unit price disparities point to variations in grade or end-use.

Strategic Implication and Pricing Power

Peru's strong focus on the standard fish meal sub-code under HS Code 2301 Export provides solid pricing power in volume markets, while the premium options offer avenues for value addition. However, external factors like the US-Peru Trade Promotion Agreement [Trade.gov] ensure favorable access, though broader tariff changes could introduce uncertainty, requiring monitoring for 2025 May and beyond.

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

Geographic Concentration and Dominant Role

Peru Fish Meal HS Code 2301 Export 2025 May was overwhelmingly concentrated with China Mainland, which accounted for 80.8% of the total weight and 80.94% of the total value. The near-identical value-to-weight ratio shows this is a bulk commodity trade with little price variation by grade.

Partner Countries Clusters and Underlying Causes

The trade forms three clear clusters. The first is China, which acts as the primary bulk buyer. The second includes regional producers like Ecuador and Chile, which likely engage in small-scale trade or product swapping. The third cluster consists of diversified buyers like Japan, Spain, and Canada, whose purchases are likely for specific animal feed formulations, explaining their moderate volume but higher relative value.

Forward Strategy and Supply Chain Implications

For sellers, this market requires a focus on large-volume contracts with major buyers like China to ensure stable offtake. The high concentration creates significant exposure to demand shifts from a single market, making it important to cultivate relationships with secondary buyers in the other clusters to build resilience without expecting major price premiums.

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

Strategic Supply Chain Overview

Peru Fish Meal Export 2025 May under HS Code 2301 is a bulk commodity trade. Price is driven by product grade and geopolitical risks. Supply chain implications include high reliance on China for volume. This creates vulnerability to demand shifts. Diversification is key for stability.

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

• Use buyer frequency data to identify and nurture top bulk buyers. This ensures steady revenue from core clients.
• Analyze geographic trade data to target secondary markets like Japan or Spain. This reduces dependency on a single buyer.
• Monitor tariff changes and geopolitical events through trade databases. This helps avoid sudden cost increases.
• Leverage HS Code analysis to promote premium fish meal products. This increases margins through value addition.
• Track transaction volumes for demand forecasting. This prevents inventory overstock and optimizes logistics.

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 May?

Peru's Fish Meal exports in May 2025 saw a 31% volume and value drop, driven by seasonal demand declines and new US tariffs disrupting trade flows, though unit prices remained stable at $1.43/kg.

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

China dominates with 80.8% of export weight and value, followed by smaller regional buyers like Ecuador and Chile, and diversified markets like Japan and Spain.

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

Price differences stem from product specialization—the standard fish meal sub-code (97% share) trades at $1.42/kg, while premium-grade variants reach $2.22/kg.

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

Exporters must prioritize bulk contracts with dominant buyers (97.83% of value) while diversifying into niche markets to reduce reliance on China and mitigate tariff risks.

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

China’s bulk purchases ensure stable supply, but smaller buyers in Japan or Spain may access higher-grade products, albeit with limited volume leverage.

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

Fish Meal is primarily traded as a bulk commodity for animal feed, with minor premium-grade variants likely serving specialized feed formulations.