South American (Antarctic) Marine Ingredients. Supply and Demand Outlook

Oslo (Norway) September 2010

South American marine-origin proteins and lipids by no means will keep pace with feed-grade ingredients demand. South Antarctic krill meal and oil neither.

South America is currently responsible for 35% of world’s fishmeal and fish oil supply (45% by 2015, each) and steadily becoming an end-user. With 1 Million tons annual production, aqua-business is currently bellow 5% of world aqua-output although there is a worrying trend where local aqua-farms will compete for scarcer raw materials. Chile, Ecuador and Brazil will demand 90% of South American marine-origin meals and oils.

South American-origin krill, salmon and other crustacean meals will help reduce the gap with around 100.000 tons (by 2015), for an extra 2 to 3% of world’s 4,7 Million tons marine meals. Salmon oil will support 5% of 2015 world’s lipids supply (60k and 1.1 Million tons, respectively).  Re-Processed whole frozen krill will add some extra krill meal and oil.

Counting all South American countries, fishmeal and oil supply, led by Peru and Chile will face a diminishing curve, or similar-to-2010 condition at best. Krill meal moves on the opposite direction although for  limited volumes, led by Norway, Japan and Korea. Krill fishing industry challenge is the dietary supplement industry. Chile and Peru’s is direct  human consumption.

Meal and oil processing, albeit minor changes, remains loyal to its original concept. By-product processing, hydrolysis and small-scale processing plants are the industry main goal differences.


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Dimitri Sclabos

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