Peru: Peruvian Seafood and Aquaculture Industry Observations and Analysis
Aquaculture production in 2023 declined steeply to 105,091 metric tons (MT), a 25.43% decrease from 2022. The Peruvian aquaculture industry exported 4.5 million MT in 2023, a decrease of 12.56% from 2022 levels. Imports came in at 119,219 MT, a 18.78% decrease from the previous year. The weak market is attributed to a combination of the effects of political unrest in key aquaculture production regions as well as warmer waters due to the El Niño weather pattern.