This is Tharos’ latest abstract on the status of the South Antarctic krill industry in terms of capture and prices for feed-grade meals and oils.
This a summarized abstract of the report titled “Update Krill Industry Overview. South Antarctic Krill Derivative Suppliers“.
South Antarctic krill capture remains at 120 ~ 130 000 tons annual average although CCAMLR’s TAC has increased significantly in the past few years.
If the growth shown by fishing permits is an indication on how healthy a fishery is, certainly the South Antarctic Krill fishery is one of them. Since the 90s, fishing allowance to capture Krill, granted by CCAMLR, has not seen other route than growth. Alongside this trend, CCAMLR has put more effort defining new conservation areas and increasing MPA’s.
Krill meal prices have increased substantially in the past few years. Tharos’ Price Predictive Model shows min meal and oil prices well above early 2000s levels but lower compared current prevailing prices a condition explained by factors other than pure krill meal and oil value proposal for the feed manufacturer.
See more at Update Krill Industry Overview (Abstract)(F2)