Peru’s Production Ministry (PRODUCE) has announced it will open the North-Central zone of its anchovy fishery on 16 April, establishing a quota of 2.475 million metric tons (MT) for the first fishing season of 2024.
The total allowable catch (TAC) is significantly higher than the North-Central zone’s two seasons in 2023.
In January 2024, PRODUCE closed the country’s second anchovy season early owing to the effects of El Niño, with only about 75 percent of the 1.68 million MT permitted quota caught. The premature closure came after the cancelation of the first season of 2023, also due to El Niño, where the TAC was set at 1.09 million MT. The decision to cancel that season cost the fishery an estimated USD 1.4 billion (EUR 1.3 billion) in lost revenue.
Peru’s TAC is highly important to the global seafood industry, considering that the country accounts for about …
