Pelagic world landing would grow 7 pct in 2017, FAO forecasts
Marine pelagic environment is the largest aquatic habitat on Earth, housing 11pct of known fish species. (Photo: Stockfile/FIS)
Global landings of small pelagics are expected to grow by 7 per cent this year, compared to 2016, mainly due to the increased catch expected for Peruvian anchovy. An increase in Atlantic mackerel and Atlantic herring landings is also estimated, although not as much as that of anchovy, according to an FAO report.
The increase in herring and mackerel landings in 2017 would be about 4 per cent compared to 2016. This could exercise certain pressure on prices, but as the increase is relatively moderate, there are no drastic changes in prices. However, currency exchange rates may play a greater role in price formation.
The FAO report, which analyzes the market situation in 2016 and for the period from January to March 2017, indicates that the outlook for the anchovy fishery in South America durin...