National Renderers Association. Latin America. German Davalos NRA Convention Santa Barbara, CA October 26, 2017

Transcription

1 National Renderers Association Latin America German Davalos NRA Convention Santa Barbara, CA October 26, 2017

2 Fat Imports from USA (TMT) Jan-Dec 2016 Latin America Jan-Aug 2016 & TMT Mexico Central A. South A. South A., 3, 1% Central A. 67, 17% Mexico, 314, 82% MEXICO CENTRAL A. SOUTH A. Jan-Aug 16 Jan-Aug 17

3 Jan-Dec 2016 Jan-Aug 2017 Animal Proteins TMT 165 TMT TOTAL 131 TMT Total South A % South A 40 31% Central A % Mexico % Central A 11 8% Mexico 80 61%

4 Central America U.S. Protein Meal Imports (TMT) Jan Aug 2015 to Jan-Aug 2015 Jan-Aug 2016 Jan-Aug 2017

5 South America

6 2014, 2015, 2016, Jan-Aug 2017 (TMT) Chile - Imports from the U.S. Animal Proteins JAN-AUG 2017

7 Jan Aug 2017 Chile s Imports of Animal Protein EU Mercosur USA World TMT US$ Million

8 14 Ecuador Imports of U.S. Animal Proteins Jan-Dec 2014, 2015, 2016 Jan-Aug Jan-Aug 2017 U.S. market share 96% Volume TMT US$ Million

9 Colombia Protein Imports 2014 to 2016 and Jan Jul 2017 (TMT) Jan-Jul 2017 U.S. Market share 14% World Total Mercosur USA Spain

10 Peru Protein Imports 2014 to 2016 and Jan Jul 2017 (TMT) Jan-Aug 2017 U.S. Market Share 58% World Total Mercosur USA

11 Aquaculture

12 El Niño 2016 Fish meal Production Global fishmeal production reached its lowest level in forty years: 4 MMT Peruvian production dropped to its second lowest level on record to reach 631 TMT - down 27% from 2015 Chilean production dropped by approximately 100 TMT to reach 214 TMT.

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14 During the last 25 years, global fishmeal production has oscillated between 5 and 7 MMT per year Estimate of total worldwide fishmeal supply (000 MT)

15 Global Aquaculture Alliance GOAL meeting in Dublin Oct. 3 to 6, 2017 Kevin Fitzsimmons from the University of Arizona, who heads up the F3 (Fish-Free Feed) Challenge: For the aquaculture industry to develop further, there is an urgent need to find alternative sources of protein... IFFO, the Marine Ingredients Organization, is reforming the fishmeal and fish oil industry by cutting out overfishing, illegal, unreported and unregulated (IUU) catch, forced labor and unsafe working practices, but these things serve to push up the cost of the product and ultimately to reduce the volume available.

16 Main Aquaculture Producers in Latin America

17 Mexico 2017: shrimp production to reach almost 140,000 MT 2016: 128,000 MT 2013: production was 48,000 MT due to the effects of the early mortality syndrome. The increase of 100,000 MT in four years was due to a change in genetic material imported from Ecuador. Production is expected to continue to grow rapidly to reach 200,000 MT by 2020.

18 Chile Salmon production in process of recovering the 100,000 MT lost as a result of the algae bloom in Q The algae destroyed 100,000 MT of salmon production capacity. Approximately 60,000 MT were supposed to be harvested in 2016 and approximately 40,000 in Full recovery expected in 2018

19 Worldwide Fish in:fish out ratio (FIFO) Below 1 for salmonids for the first time in 2015

20 Ecuador shrimp production 2017 May reach a record 450 TMT Skretting Owns three plants with 350 TMT capacity Fourth plant to start in 2018 with 470 TMT capacity to supply Ecuador, Peru, Central A/Caribbean and the Middle East. BioMar Purchased 70% of a local shrimp feed manufacturer $121 M. The plant s current capacity of 120,000 MT will grow by 40 TMT in the next four or five years Cargill Formed a joint venture with Ecuador s second largest shrimp producer to build a $60 M feed facility to be finished in 2018 with capacity of 165 TMT Zeigler In March 2016 launched a feed partnership with a local feed manufacturer. The operation has a production capacity of approximately 80 TMT of feed.

21 Petfood

22 Petfood Between 2011 and 2016 Latin America s pet care industry grew at average rate of 6% Mexico is the second largest producer of petfood after Brazil with 930 TMT per year. Petfood production grew by 11% in volume and 10% in value during 2016 As the Mexican petfood market matures, premiumization will accelerate, increasing demand for high quality ingredients Currently, Mexico imports 50 TMT premium and super premium products, mainly from the U.S.

23 Thank you

24 Jan-Aug 2017 & Jan-Dec 2016 (TMT) Imports from the U.S. All Rendered Products MEXICO CENTRAL A. SOUTH A. Jan-Aug 17 Jan-Dec 2016