IFFO publishes first annual report

IFFO The IFFO's annual report was presented at its members' meeting in Barcelona

IFFO - The Marine Ingredients Organisation has this week published its first annual report, detailing its stakeholder engagement, technical projects and market research during 2016.

IFFO reported that last year it gathered production and/or trade annual data for 109 countries, monthly data for 30 countries and weekly data for around 10 countries.

It produced 90 market reports, 24 of which focused on the fast-growing Chinese market.

Although IFFO was formed in 2001 (operating under the name IFFO - The Fishmeal and Fish Oil Organisation until 2012), this is the first time that its members and stakeholders have been presented with a comprehensive overview of all its work in assisting and engaging with the industry.

IFFO director general, Andrew Mallison, stated: “This report is intended to give an overview of who we are, what we have delivered in 2016 and what we are trying to achieve in future. We look forward to producing more reports of this kind in the future to draw together all IFFO’s important work.”

In the report, the organisation detailed the results of a study on byproduct use in fishmeal and fish oil production, commissioned to Stirling University in 2014. The study showed a vast amount of byproduct available for marine ingredients production, should it all be collected. This is estimated to increase in the next ten years, pointing to the growing contribution that byproduct will make to raw material supply.

During the year, it engaged with Codex (Fish oil standard), the United Nations Economic and Social Council’s Committee of Experts on the Transport of Dangerous (UNTDG) goods and the International Maritime Organisation (IMO) (antioxidants), and the Food and Agriculture Organization of the United Nations (FAO) (data and statistics).

It stated that the reauthorisation of ethoxyquin in the EU led to it working directly with FEFAC, the European Commission unit with responsibility for the reauthorisation process, members of the applicant consortium (ANTOXIAC) and others.

IFFO added that a notable part of its work last year was its interaction with the UN-TDG, where a change in the wording relating to the shipping of fishmeal has been proposed.

IFFO’s annual conference in Bangkok provided a 360-degree overview of the marine ingredients industry, while it presented its annual report at its members’ meeting in Barcelona, attended by members from 27 countries.

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