Less fish oil

Fish oil production mirrored that of fishmeal, and outputs in 2008 declined. In the first half of the year, 332 000 tonnes were produced in the top five producing countries, a 20% drop from the corresponding period of 2007. Both Peru and Chile reported lower fish oil production, but the overall value went up steeply, due to higher prices in the first half of 2008. Chile is very concerned about the future of its horse mackerel resource, which has been weak for several years now.

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