2025 Peru Meal pellets (HS 2301) Export: Wild Volatility
Key Takeaways
Meal pellets, classified under HS Code 2301 (Flours, meals and pellets of meat or fish; greaves), exhibited high volatility from January to November 2025.
- Market Pulse: Volumes swung wildly, peaking at 379.19M kg in June before collapsing 88% by November, driven by Peru’s seasonal fishing cycles.
- Structural Shift: Peru Meal pellets Export reliance on China (79.8% of value) creates acute supply chain risk, with minimal diversification to secondary markets like Germany or Ecuador.
- Product Logic: HS Code 2301 trade data confirms a commodity-driven market, with 99% of exports being low-value fish/crustacean products averaging $1.42–$1.99/kg.
This overview covers the period from January to November 2025 and is based on verified customs data from the yTrade database.
Peru Meal Pellets (HS Code 2301) Key Metrics Trend
Market Trend Summary
The Peru meal pellets export trend from January through November 2025 shows high volatility with a strong start, mid-year surge, and sharp Q4 contraction. Exports opened at 317.58M kg in January, dipped to a May low of 136.46M kg, then exploded to 379.19M kg in June—the year’s peak. Volumes crashed in Q4, plummeting 88% from October to November to just 7.19M kg. Unit prices fluctuated moderately between $1.36/kg and $1.54/kg, with no clear directional trend despite volume swings.
Drivers & Industry Context
The extreme volatility aligns with Peru’s fishing cycles for fish meal (HS 2301), where seasonal anchovy catches dictate supply. The June volume surge likely reflects peak fishing activity, while the Q4 collapse suggests quota exhaustion or biological bans. [OEC World] confirms Peru’s role as the world’s second-largest exporter of these products, with 2023 exports totaling $952M. The value derived from HS Code 2301 thus hinges on landing volumes, not price shifts. US tariff changes (Global Tax News) apply only to imports into the US, not Peru’s exports, leaving seasonal factors as the primary driver.
Table: Peru Meal Pellets Export Trend (Source: yTrade)
| Date | Value | Weight | Unit Price | Value MoM | Weight MoM | Unit Price MoM |
|---|---|---|---|---|---|---|
| 2025-01-01 | 440.51M USD | 317.58M kg | $1.39/kg | N/A | N/A | N/A |
| 2025-02-01 | 390.09M USD | 277.52M kg | $1.41/kg | -11.45% | -12.62% | +1.34% |
| 2025-03-01 | 401.09M USD | 294.27M kg | $1.36/kg | +2.82% | +6.04% | -3.04% |
| 2025-04-01 | 283.67M USD | 198.56M kg | $1.43/kg | -29.28% | -32.53% | +4.82% |
| 2025-05-01 | 194.47M USD | 136.46M kg | $1.43/kg | -31.44% | -31.28% | -0.25% |
| 2025-06-01 | 530.37M USD | 379.19M kg | $1.40/kg | +172.73% | +177.88% | -1.86% |
| 2025-07-01 | 446.81M USD | 309.27M kg | $1.44/kg | -15.76% | -18.44% | +3.29% |
| 2025-08-01 | 309.20M USD | 200.71M kg | $1.54/kg | -30.80% | -35.10% | +6.63% |
| 2025-09-01 | 385.79M USD | 261.74M kg | $1.47/kg | +24.77% | +30.41% | -4.32% |
| 2025-10-01 | 92.93M USD | 63.02M kg | $1.47/kg | -75.91% | -75.92% | +0.04% |
| 2025-11-01 | 10.79M USD | 7.19M kg | $1.50/kg | -88.39% | -88.59% | +1.81% |
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Peru HS Code 2301 Export Breakdown
Market Composition & Top Categories
According to yTrade data, Peru's HS Code 2301 export market from January to November 2025 is overwhelmingly dominated by flours, meals, and pellets of fish or crustaceans, which account for over 99% of both value and weight. The remaining sub-codes, including similar products from meat or other sources, collectively represent less than 1% of the trade volume. This structure highlights a highly concentrated export profile for Peru HS Code 2301 Export.
Value Chain & Strategic Insights
Unit prices for the dominant exports average around 1.42 to 1.99 USD per kilogram, indicating a low-value, commodity-driven market where price sensitivity prevails. The negligible presence of a high-priced niche product does not alter the overall commodity nature of this trade. For HS Code 2301 breakdown, this suggests a focus on volume and cost efficiency rather than quality differentiation in the trade structure.
Table: Peru HS Code 2301) Export Breakdown Details (Source: yTrade)
| HS Code | Product Description | Value | Frequency | Quantity | Weight |
|---|---|---|---|---|---|
| 230120**** | Flours, meals and pellets; of fish or of crustaceans, molluscs or other aquatic invertebrates | 3.46B | 6.40K | 2.43B | 2.43B |
| 230120**** | Flours, meals and pellets; of fish or of crustaceans, molluscs or other aquatic invertebrates | 19.10M | 194.00 | 9.58M | 9.58M |
| 230110**** | Flours, meals and pellets; of meat or meat offal, greaves | 4.05M | 45.00 | 3.97M | 3.97M |
| 2301** | ******** | ******** | ******** | ******** | ******** |
Check Detailed HS Code 2301 Breakdown
Peru Meal Pellets Destination Countries
Geographic Concentration & Market Risk
Peru's meal pellets export market through November 2025 demonstrates extreme concentration, with China accounting for 79.8% of total value. This dominance in Peru Meal pellets export destinations creates significant supply chain vulnerability, as any demand shift or trade policy change in China would immediately impact export revenues. The market's stability is almost entirely tethered to this single relationship, with the next largest partners—Germany and Ecuador—each holding only about 4% market share.
Purchasing Behavior & Demand Segmentation
China's nearly identical value and weight ratios (79.8% vs. 79.9%) confirm a pure commodity relationship, where price-sensitive bulk processing dictates trade flows for Meal pellets. The low frequency ratio relative to volume further indicates large, infrequent shipments optimized for industrial scale rather than retail fragmentation. This market profile offers Peru volume scale but minimal margin potential, as these trade partners prioritize cost-efficient stockpiling over premium product specifications.
Table: Peru Meal Pellets (HS Code 2301) Top Destination Countries (Source: yTrade)
| Country | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| CHINA MAINLAND | 2.78B | 1.95B | 4.75K | 1.95B |
| GERMANY | 140.71M | 101.31M | 88.00 | 101.31M |
| ECUADOR | 139.46M | 99.72M | 524.00 | 99.72M |
| JAPAN | 102.41M | 68.01M | 334.00 | 68.01M |
| DENMARK | 99.02M | 67.67M | 216.00 | 67.67M |
| CHINA TAIWAN | ****** | ****** | ****** | ****** |
Get Peru Meal Pellets (HS Code 2301) Complete Destination Countries Profile
Peru Meal Pellets Buyer Companies Analysis
Buyer Concentration & Market Structure
According to yTrade data, Peru's Meal pellets export market is overwhelmingly concentrated within a core group of loyal, high-volume partners. These key accounts, including major players like Cargill Aquanutrition Ecuador, drove 85.44% of total export value from January to November 2025. This points to a stable, contract-based supply chain where a few large buyers anchor the trade flow for Peru Meal pellets buyers.
Purchasing Behavior & Sales Strategy
The dominance of these repeat bulk buyers means sales strategy must prioritize relationship management and supply chain reliability over customer acquisition. Suppliers should focus on securing long-term contracts and ensuring consistent quality to retain these high-value accounts, as losing even one could significantly impact revenue. Monitoring HS Code 2301 buyer trends will be essential to anticipate any shifts in procurement patterns from these established partners.
Table: Peru Meal Pellets (HS Code 2301) Top Buyers List (Source: yTrade)
| Buyer Company | Value | Quantity | Frequency | Weight |
|---|---|---|---|---|
| FF SKAGEN A/S | 48.81M | 32.01M | 119.00 | 32.01M |
| INBALNOR S.A | 44.09M | 30.42M | 172.00 | 30.42M |
| HAID ECUADOR FEED CIA. LTDA | 40.96M | 27.85M | 86.00 | 27.85M |
| GISIS S.A | ****** | ****** | ****** | ****** |
Check Full Peru Meal Pellets Buyers list
Action Plan for Meal Pellets Market Operation and Expansion
- Diversify export markets: Reduce dependence on China by targeting secondary buyers in Germany and Ecuador, which currently hold 4% market share each.
- Lock in long-term contracts: Secure agreements with core buyers like Cargill Aquanutrition Ecuador to stabilize revenue amid volatile fishing cycles.
- Optimize logistics costs: Focus on bulk shipment efficiencies to offset thin margins in this price-sensitive commodity trade.
- Monitor fishing quotas: Anticipate supply shocks by tracking Peru’s anchovy catch limits, which directly dictate export volumes.
- Audit buyer concentration risks: Develop contingency plans for revenue loss if any top partner (85% of value) shifts procurement strategies.
Take Action Now —— Explore Peru Meal pellets HS Code 2301 Export Data
Frequently Asked Questions
Q1. What is driving the recent changes in Peru Meal pellets Export in 2025?
The extreme volatility in Peru's meal pellets exports is driven by seasonal fishing cycles, with a June surge (379.19M kg) reflecting peak anchovy catches and an 88% Q4 collapse likely due to quota exhaustion or biological bans.
Q2. Who are the main destination countries of Peru Meal pellets (HS Code 2301) in 2025?
China dominates with 79.8% of export value, followed distantly by Germany and Ecuador at ~4% each, creating heavy reliance on a single market.
Q3. Why does the unit price differ across destination countries of Peru Meal pellets Export in 2025?
Prices cluster tightly (USD 1.42–1.99/kg) as 99% of exports are low-value fish/crustacean commodities, with negligible premium niches.
Q4. What should exporters in Peru focus on in the current Meal pellets export market?
Prioritize securing long-term contracts with core buyers like Cargill Aquanutrition Ecuador (85.44% of value) and diversify destinations to mitigate China dependence.
Q5. What does this Peru Meal pellets export pattern mean for buyers in partner countries?
Buyers benefit from stable, bulk commodity supply but must monitor Peru’s fishing quotas and China’s demand shifts, which dictate global availability.
Q6. How is Meal pellets typically used in this trade flow?
Peru’s exports are primarily fish/crustacean meals for industrial-scale animal feed or aquaculture, traded as price-sensitive bulk commodities.
Detailed Monthly and Quarterly Report
Peru HS Code 2301 Export Data Snapshot 2025 JAN
Peru HS Code 2301 Export Data Snapshot 2025 FEB
Peru HS Code 2301 Export Data Snapshot 2025 MAR
Peru HS Code 2301 Export Data Snapshot 2025 APR
Peru HS Code 2301 Export Data Snapshot 2025 MAY
Peru HS Code 2301 Export Data Snapshot 2025 JUN
Peru HS Code 2301 Export Data Snapshot 2025 JUL
Peru HS Code 2301 Export Data Snapshot 2025 AUG
Peru HS Code 2301 Export Data Snapshot 2025 SEP
Peru HS Code 2301 Export Data Snapshot 2025 Q1
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