Peru Fish Meal HS2301 Export Data 2025 Q2 Overview

Peru Fish Meal (HS 2301) 2025 Q2 Export: Key Takeaways

Peru Fish Meal HS Code 2301 Export 2025 Q2 reveals extreme dependence on China, which absorbed 85% of volume and value, confirming its dominance as a bulk commodity market. The trade shows tight geographic concentration, with secondary markets like Japan offering slight premiums for specialized grades. This analysis covers 2025 Q2 and is based on cleanly processed Customs data from the yTrade database.

Peru Fish Meal (HS 2301) 2025 Q2 Export Background

Peru Fish Meal (HS Code 2301) covers flours, meals, and pellets of meat or fish, a key ingredient for aquaculture and livestock feed due to its high protein content. Global demand remains steady as industries rely on it for cost-effective nutrition. Recent U.S. tariff changes, including a 10% baseline rate in April 2025, could impact trade dynamics under the U.S.-Peru Trade Promotion Agreement [EY Tax News]. Peru, a top exporter with $952M in 2023 animal meal sales, remains critical for 2025 Q2 exports, especially to China and Vietnam [OEC].

Peru Fish Meal (HS 2301) 2025 Q2 Export: Trend Summary

Key Observations

Peru Fish Meal HS Code 2301 Export in 2025 Q2 showed a volatile performance, with a sharp rebound in June after significant declines in April and May, while unit prices held steady around $1.40-$1.43/kg.

Price and Volume Dynamics

Compared to Q1, Q2 saw a 18% drop in export value and a 20% decrease in volume, primarily due to reduced shipments in April and May. This aligns with seasonal fishing cycles in Peru, where early Q2 often experiences lower catch rates before the peak season kicks in. The June surge—with volume jumping 178% month-over-month—reflects typical stock replenishment and heightened production as fishing activities intensify, supporting stable pricing despite fluctuations.

External Context and Outlook

The initial Q2 dip coincided with the US imposition of a 10% baseline tariff in April 2025 [EY Tax News], which may have briefly dampened trade confidence. However, Peru's role as a top global exporter (EY Tax News) and benefits from the US-Peru Trade Promotion Agreement helped cushion impacts, fueling the robust June recovery. Looking ahead, sustained demand from key markets like China should support steady export momentum through 2025.

Peru Fish Meal (HS 2301) 2025 Q2 Export: HS Code Breakdown

Product Specialization and Concentration

In 2025 Q2, Peru's Fish Meal exports under HS Code 2301 are dominated by the sub-code for flours, meals and pellets of fish or aquatic invertebrates, which accounts for over 98% of the export value and weight. This sub-code has a unit price of 1.41 USD per kilogram, indicating a standardized bulk product. An extreme price anomaly exists in a meat-based sub-code with a unit price of 179.21 USD per kilogram, but it is isolated from the main analysis due to negligible volume.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes fall into two groups: bulk fish meal with unit prices around 1.41 to 2.19 USD per kilogram, and meat-based meal at 0.91 USD per kilogram. This structure shows that Peru's Fish Meal exports are primarily fungible commodities, with prices driven by volume and grade rather than value-added processing. The consistency in product forms suggests trade is linked to global commodity indices.

Strategic Implication and Pricing Power

Peru holds strong pricing power in the bulk fish meal market due to its high export concentration. Strategic focus should be on optimizing supply chains and quality control to maintain competitiveness. External factors like US tariff changes in April 2025 [EY Tax News] may affect broader trade flows, but Fish Meal exports to key markets like China remain robust.

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Peru Fish Meal (HS 2301) 2025 Q2 Export: Market Concentration

Geographic Concentration and Dominant Role

Peru Fish Meal HS Code 2301 Export 2025 Q2 shows extreme reliance on China, which handled 85.19% of volume and 85.05% of value. The nearly identical ratios confirm this is a bulk commodity trade where China pays market price without premium. This pattern fits fish meal as a standardized product where volume dictates trade flows.

Partner Countries Clusters and Underlying Causes

Two clear clusters emerge beyond China. Ecuador (6.36% volume, 6.43% value) and Denmark (2.57% volume, 2.55% value) show balanced ratios, suggesting similar commodity pricing. Japan (2.27% volume, 2.49% value) and Taiwan (1.05% volume, 1.02% value) form a second group where Japan pays slightly more per ton, possibly for specialized grades or logistics advantages.

Forward Strategy and Supply Chain Implications

Peru's dependence on China creates vulnerability if demand shifts. Suppliers should maintain China relations but develop secondary markets like Japan for higher-value segments. The new US 10% tariff [EY Tax News] doesn't directly impact fish meal but signals trade volatility, making diversification prudent. Logistics should prioritize bulk shipping efficiency to China while allowing flexibility for smaller specialty shipments.

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Peru Fish Meal (HS 2301) 2025 Q2 Export: Action Plan for Fish Meal Market Expansion

Strategic Supply Chain Overview

Peru Fish Meal Export 2025 Q2 under HS Code 2301 operates as a bulk commodity market. Price is driven by global volume demand and consistent product grade, not value-added features. China's dominance (85% of volume) sets the benchmark price, while minor markets like Japan may pay slight premiums for specialized quality.

This creates two supply chain implications. First, Peru must ensure reliable, high-volume shipping to China to maintain market share. Second, it needs flexible logistics to serve smaller, higher-value opportunities elsewhere. Over-reliance on one buyer and geopolitical shifts, like new US tariffs, pose clear risks to stability.

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

• Use export data to identify and target secondary markets like Japan. Why it matters: This diversifies revenue and reduces vulnerability to a single demand shock from China.
• Analyze buyer purchase frequency to categorize clients into bulk-regular and niche-irregular segments. Why it matters: This allows for customized inventory and logistics planning, preventing stockouts or overcapacity.
• Monitor trade policy alerts, like US tariff changes, for indirect impacts on global flows. Why it matters: Early awareness lets you adjust shipping routes and contracts before costs rise.
• Track unit prices by destination to spot markets paying premiums for quality. Why it matters: This highlights opportunities to increase margin by directing higher-grade product to those buyers.
• Audit supply chain flexibility for switching between bulk shipments and smaller specialty orders. Why it matters: It ensures you can quickly capitalize on niche demands without disrupting core bulk operations.

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 Q2?

The Q2 export volatility reflects seasonal fishing cycles, with a sharp June rebound (178% volume surge) after April-May declines. Stable unit prices ($1.40-$1.43/kg) confirm Peru’s role as a bulk commodity supplier despite fluctuations.

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

China dominates with 85% of volume and value, followed by Ecuador (6.4%) and Denmark (2.6%). Japan and Taiwan form a smaller cluster with slightly higher unit prices.

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

Price differences stem from product grade: bulk fish meal trades at $1.41–2.19/kg, while meat-based meal averages $0.91/kg. Japan’s slight premium may reflect specialized grades or logistics.

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

Prioritize high-volume buyers (98.8% of trade) but diversify secondary markets like Japan to reduce reliance on China. Optimize bulk shipping efficiency while accommodating niche demand.

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

Buyers benefit from stable bulk pricing but face supply risks if China’s demand shifts. Niche buyers (e.g., Japan) can leverage specialized grades for slight cost advantages.

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

Peru’s exports are primarily standardized bulk fish meal (98% of volume), used as a fungible commodity linked to global feed or industrial input markets.

Detailed Monthly Report

Peru HS2301 Export Snapshot 2025 APR

Peru HS2301 Export Snapshot 2025 MAY

Peru HS2301 Export Snapshot 2025 JUN