Peru Fish Oils HS150420 Export Data 2025 March Overview

Peru Fish Oils (HS 150420) 2025 March Export: Key Takeaways

Peru's Fish oils (HS Code 150420) Export in 2025 March reveals a market split between bulk commodity buyers like China (48.12% of volume) and premium markets like Norway, which pays 55% more per kg for higher-grade oils. China dominates volume but not value, highlighting Peru's opportunity to shift toward refined products for higher-margin EU and North American buyers. This analysis, covering 2025 March, is based on cleanly processed Customs data from the yTrade database.

Peru Fish Oils (HS 150420) 2025 March Export Background

What is HS Code 150420?

HS Code 150420 covers fats and oils and their fractions, of fish, except liver oils, including both refined and unrefined fish oils. These products are primarily used in the food, pharmaceutical, and nutraceutical industries due to their high omega-3 fatty acid content, which drives steady global demand. Peru, a key exporter of fish oils, benefits from its robust fishing industry and strategic access to Pacific marine resources, making Peru Fish oils HS Code 150420 Export 2025 March a significant trade flow.

Current Context and Strategic Position

In 2025, Peru’s fish oil exports remain governed by the WCO HS 2022 standards, with no major HS code revisions expected until 2027 [Tariff Number]. However, regional trade agreements, such as the EU-Colombia-Peru-Ecuador Trade Agreement, updated rules of origin in August 2025 to align with HS 2022 adjustments, impacting preferential access for fish oil exports to the EU [EU Taxation & Customs]. Peru’s strong economic growth (~4.5% GDP) and the US-Peru FTA further enhance export opportunities, but compliance with HS coding and rules of origin is critical for duty exemptions. Vigilance is advised for any last-minute procedural updates from SUNAT (Peru’s customs authority) to ensure seamless March 2025 trade flows.

Peru Fish Oils (HS 150420) 2025 March Export: Trend Summary

Key Observations

Peru's fish oils exports under HS Code 150420 in March 2025 reached 119.00 million USD in value and 40.66 million kg in volume, indicating a strong but volatile start to the year.

Price and Volume Dynamics

The March figures show a significant month-over-month decline from February's peak of 226.04 million USD and 86.36 million kg, which aligns with typical seasonal cycles in the fishing industry. February often sees heightened activity due to optimal harvesting conditions in Peru, leading to inventory surges, while March represents a normalization as processing and export paces adjust. This pattern underscores the inherent volatility driven by biological and operational factors rather than market disruptions.

External Context and Outlook

The stable export environment in early 2025 benefits from ongoing trade agreements, such as the US-Peru FTA which eliminates tariffs for accurately coded shipments [FreightAmigo], and upcoming EU rule updates in August 2025 that may affect future preferential access (FreightAmigo). For now, Peru's robust economic growth and consistent demand for fish oils support a positive outlook, though exporters should monitor mid-year policy shifts for potential impacts.

Peru Fish Oils (HS 150420) 2025 March Export: HS Code Breakdown

Product Specialization and Concentration

Peru's fish oils export under HS Code 150420 in March 2025 is dominated by sub-code 1504201000, which covers fats and oils of fish excluding liver oils. According to yTrade data, this variant accounts for 75% of the export value and 83% of the weight, with a unit price of 2.66 USD per kg. The significant volume and value share highlight its role as the primary export product, while the lower unit price compared to other variants suggests a bulk, less processed form.

Value-Chain Structure and Grade Analysis

The export market splits into two clear categories based on unit price: a lower-priced bulk product (1504201000 at 2.66 USD/kg) and a higher-priced variant (1504209000 at 4.22 USD/kg). This 59% price difference points to differentiation in quality or refinement level, rather than a uniform commodity trade. The structure indicates that Peru's fish oils exports include both standard bulk oils and potentially upgraded, higher-grade products.

Strategic Implication and Pricing Power

Exporters should prioritize the higher-value variant to leverage its superior pricing power and margins. Focusing on refined or specialty grades could align with market trends, such as the demand for refined omega-3 fish oils noted in industry reports [FreightAmigo]. This strategy can enhance competitiveness in Peru's fish oils HS Code 150420 export landscape for 2025 March.

Check Detailed HS 150420 Breakdown

Peru Fish Oils (HS 150420) 2025 March Export: Market Concentration

Geographic Concentration and Dominant Role

Peru's Fish oils HS Code 150420 Export in 2025 March is heavily concentrated, with China Mainland as the dominant buyer by volume (48.12% of weight) but not by value (37.95%). This value-weight disparity indicates China primarily purchases lower-grade bulk commodity fish oil at a lower average price of approximately $2.31/kg. In contrast, Norway, the second-largest partner, commands a much higher average price near $3.57/kg for its share, suggesting it sources higher-value, refined grades.

Partner Countries Clusters and Underlying Causes

The trade flow forms three clear clusters. The first is bulk commodity buyers like China and Chile, which take large volumes at lower prices for industrial use. The second is quality-focused markets like Norway, Canada, and Spain, which pay premium prices for higher-grade oils, likely for human consumption or pharmaceuticals. The third consists of smaller, frequent EU buyers like the Netherlands and the UK, whose trade patterns align with regional demand for specialized, high-value products and are supported by the EU-Colombia-Peru-Ecuador Trade Agreement's rules of origin [taxation-customs.ec.europa.eu].

Forward Strategy and Supply Chain Implications

Peru should maintain its bulk supply chains to major buyers like China while increasing production of higher-margin, refined fish oils for premium markets in Europe and North America. The stable HS 2022 nomenclature (taxation-customs.ec.europa.eu) ensures continued compliance, but exporters must strictly adhere to rules of origin to benefit from preferential tariffs under trade agreements. Diversifying into more processed products can capture greater value from the 2025 March export stream.

Get Complete Partner Countries Profile

Peru Fish Oils (HS 150420) 2025 March Export: Action Plan for Fish Oils Market Expansion

Strategic Supply Chain Overview

Peru Fish oils Export 2025 March under HS Code 150420 operates as a dual market. Price is driven by product grade. Bulk oils for industrial use command lower prices. Refined oils for premium sectors like nutraceuticals achieve higher margins. The supply chain must support both bulk logistics and specialized processing. Extreme buyer concentration creates reliance risk. Geographic patterns show China dominates volume at low prices. Europe pays premiums for quality.

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

• Target premium buyers in Norway and the EU using trade data. Why: They pay 59% more for refined oils, boosting profit.
• Diversify beyond the dominant bulk buyer cluster to reduce risk. Why: Over 97% of volume depends on few players, creating vulnerability.
• Verify rules of origin for all EU shipments using HS 2022 codes. Why: Compliance ensures preferential tariffs under trade agreements.
• Track buyer frequency to anticipate order cycles and optimize inventory. Why: Prevents overstock and aligns production with demand patterns.

Forward Outlook: Leveraging Data for Competitive Advantage

Peru can lead in both bulk and premium fish oils under HS Code 150420. Focus on processing upgrades to capture higher value. Use real-time trade data to monitor buyer shifts and pricing trends. This approach maximizes returns for Peru Fish oils Export 2025 March while mitigating supply chain risks.

Take Action Now —— Explore Peru Fish oils Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Fish oils Export 2025 March?

The March 2025 decline in export value (-47%) and volume (-53%) from February reflects seasonal fishing cycles, with February typically seeing peak harvesting activity. The market remains stable due to trade agreements, but volatility stems from biological and operational factors.

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

China dominates by volume (48% of weight) but pays lower prices ($2.31/kg), while Norway, the second-largest partner, commands higher prices ($3.57/kg). Spain, Canada, and EU buyers like the Netherlands also feature as premium markets.

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

The 59% price gap is driven by product grade: bulk fish oil (HS 1504201000, $2.66/kg) goes to commodity buyers like China, while refined variants (HS 1504209000, $4.22/kg) target premium markets like Norway for pharmaceuticals or human consumption.

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

Exporters must prioritize high-value buyers (e.g., Norway, EU) for refined oils to boost margins, while maintaining bulk contracts with China. Diversifying beyond the dominant buyer cluster (97% of trade) reduces reliance risks.

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

Bulk buyers (China, Chile) benefit from stable low-cost supply, while premium markets (Norway, EU) secure high-grade oils for specialized uses. However, China’s dominance may limit negotiating power for smaller buyers.

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

Bulk oils (HS 1504201000) likely serve industrial or feed applications, while refined grades (HS 1504209000) target human consumption, pharmaceuticals, or omega-3 supplements due to their higher purity.