SIP Markets Dried & Processed Marine Products Contact desk

Anchovy

ANCHOVYDried & Processed Marine Products1 listed market

Dried anchovy is a small pelagic fish of the Engraulidae family, taken in coastal purse seine and lift net fisheries and preserved by boiling in brine and drying, or by salting and drying, so that it keeps at ambient temperature. It is a staple protein and a foundational flavour ingredient across East and Southeast Asia, where it is used whole as a snack, simmered into the dashi and anchovy stocks that underpin Japanese and Korean cooking, fried as a side dish, and ground into the seasoning powders and sambals of Malaysia, Indonesia and the Philippines. Larger sizes are eaten as a table fish and smaller sizes go into stock, condiment and pet food manufacture. The same fisheries also supply the fishmeal and fish oil industries, so the dried food grade trade competes for raw material with industrial reduction.

Listed anchovy markets

Each line is a grade at a delivery point. Open one for its full specification and terms.

Grades

Dried anchovy is contracted on species, on the size band, and on the moisture and salt content that determine how the fish keeps and how it tastes. Cleanliness and histamine govern whether it clears at the destination.

Species identity and product form

5 grades

Declared on the contract against the FAO ASFIS species list and verified on the health certificate and, where disputed, by laboratory species testingWhat the product actually is, and the state it ships in. Species and form are the first two contract terms because everything downstream, price, duty, certification and permitted market, follows from them.

GradeDefinition
SpeciesDeclared, by scientific nameEngraulis japonicus, Engraulis encrasicolus, Engraulis ringens, Stolephorus species or Encrasicholina species. The species sets the size range and the flavour, and it is named on the health certificate.
Processing methodDeclaredBoiled in brine and dried, salted and dried, or dried without salt. Boiled and dried product is the Codex boiled dried salted anchovy and it is the form most traded into Japan and Korea.
Drying methodDeclaredSun dried, mechanically hot air dried, or a combination. Mechanical drying gives a tighter and more repeatable moisture result.
FormDeclaredWhole, headless, gutted, or split. Whole fish is the default and any dressing is a contract term.
SaltingDeclared, with the salt appliedSalted or unsalted, and the salt named where the destination restricts the additive carried in with it.

Size and physical grading

6 grades

Measured on a drawn sample by count, by piece weight or by dimension, against the sizing convention named in the contractSize is the grade. It is settled by counting or weighing a representative sample rather than by eye, and the tolerance around the band is written into the contract.

GradeDefinition
Size bandMillimetres of total length, and count per kilogramFish are measured nose to tail fork on a drawn sample and the count per kilogram is taken as the cross check. The band and the tolerance are written into the contract.
UniformityPercentage by count outside the stated band, maximumMixed sizes cook and rehydrate unevenly, so the tolerance around the band is priced.
Broken and damaged fishPercentage by mass, maximumFish missing the head or tail, crushed fish and fragments, weighed after separation from a drawn sample.
Colour and appearanceDeclared, against an agreed retained sampleSilvery white with an intact skin is the premium presentation. Yellowing indicates fat oxidation and it is a defect.
Belly conditionPercentage showing burst bellies, maximumBurst bellies come from delayed processing of a full gut and they signal that the fish sat before it was cooked.
Off species and by-catchPercentage by mass, maximumOther small pelagic species mixed into the lot, separated and weighed.

Composition and laboratory analysis

8 grades

Determined by an accredited food laboratory under the AOAC official methods and the equivalent ISO methods, reported on a stated basisThe chemistry that decides whether the lot performs and whether it clears at the border. It is reported on a certificate of analysis drawn against a sample taken under an agreed protocol.

GradeDefinition
MoisturePercentage by mass, maximumDetermined by oven drying to constant mass. Moisture is the single term that governs shelf life and it is the term most often disputed, because it also governs weight.
Salt contentPercentage by mass, as sodium chlorideDetermined by titration on the dried product. It is agreed as a band, not a ceiling, because too little salt shortens the life and too much is a taste defect.
Water activityDeclaredMeasured on the finished product. It is the better predictor of mould growth than moisture alone and it is used on contracts into humid destinations.
Crude proteinPercentage by massDetermined by the Kjeldahl or Dumas method on a stated moisture basis.
Crude fatPercentage by massFat carries the flavour and it also carries the oxidation risk. High fat lots are shorter dated.
AshPercentage by massIncludes the salt carried by the product and any sand picked up during sun drying.
Peroxide value and free fatty acidMilliequivalents per kilogram, and percentageOxidation markers on the extracted oil. They are the objective measure behind a rancid complaint.
HistamineMilligrams per kilogram, maximumScombrotoxin formation is the principal hazard in this species group. It is determined by chromatography on a multi-unit sample and it is a food safety limit rather than a quality preference.

Cleanliness, contamination and food safety

9 grades

Determined by inspection of a drawn sample and by accredited laboratory analysis against the food safety limits in force at the destinationWhat must not be in the lot. Marine products cross borders under veterinary and food safety control, and these terms are enforced at the port of discharge rather than at loading.

GradeDefinition
Foreign matterPercentage by mass, maximumSand, shell, stone, plastic, netting and any material that is not the named product, separated by hand from a drawn sample and weighed.
Heavy metalsMilligrams per kilogram, maximum, by named elementMercury, cadmium, lead and inorganic arsenic, determined by atomic absorption or mass spectrometry against the limit in force at the destination.
Microbiological criteriaColony forming units per gram, and presence or absence for pathogensTotal plate count, Escherichia coli, Salmonella, Vibrio and Staphylococcus, examined under the Codex and destination criteria on samples prepared to ISO 6887.
Additive and preservative residuesMilligrams per kilogram, maximum, by named substanceSulphite, benzoate, hydrogen peroxide, borax and any bleaching agent, declared and tested. Several destinations prohibit substances that others permit.
Veterinary drug and pesticide residuesMicrograms per kilogram, maximum, by named substanceApplies to farmed product. Chloramphenicol, nitrofurans, malachite green and the tetracyclines are the residues most often tested at discharge.
Insects, mites and live pestsZero tolerance where specifiedDried marine products are stored goods and they attract pests. Inspected before stuffing, and a live find at discharge is a rejection rather than a discount.
Decomposition and taintOrganoleptic examination of a cooked and a raw portionAssessed by a trained panel under the Codex sensory method. Ammoniacal, rancid or sour notes are defects and they are recorded against the sample.
Sand and gritPercentage by mass, maximumSun dried product picks up sand from the drying floor. It is separated by washing a drawn sample and weighed.
MouldPercentage by count, maximumVisible mould on the fish surface, counted on a drawn sample. It follows from under drying or from a wet voyage.

Delivery, documentation and certification

10 grades

Contract terms settled on the document and on the carton rather than in the laboratoryTerms that travel with the lot.

GradeDefinition
PackingDeclared, with the inner and outer formatCarton, sack, drum, vacuum pouch or interleaved block, with the net weight per unit and the marking written into the contract.
Weight basisDeclaredNet weight, net of glaze where the product is glazed, and shipped weight or landed weight, with the survey house named.
Health certificateCertificate, issued by the competent authority of the exporting countryRequired by most destinations for products of animal origin. It names the approved establishment number of the processing plant.
Establishment approvalApproval number, issued by the destination authorityEuropean Union approval number, China GACC registration number or United States FDA registration, named on the contract when the destination requires it.
Catch or farm documentationCertificate, with the vessel or farm namedCatch certificate under the illegal, unreported and unregulated fishing rules, or the farm registration and movement documents for cultured product.
Cold chain or storage conditionDeclared, in degrees Celsius or as ambient dry storageCarrying temperature, the recorder placed in the container and the tolerance, agreed before loading.
CertificationCertificate, with the scheme and the certificate numberMarine Stewardship Council, Aquaculture Stewardship Council, Best Aquaculture Practices, organic or halal, named on the contract when it is contracted.
Traceability and lot identityDeclared, with the lot codeProduction date, lot number and the vessel, landing site or farm of origin, carried on the carton and on the packing list.
Moisture barrier packingDeclaredPolyethylene lined carton, vacuum pack or nitrogen flush, named where the product ships into a humid destination or on a long voyage.
Desiccant and oxygen absorberDeclaredUsed on retail and premium grades to hold water activity and to slow fat oxidation.

Grades outside this list trade on request. Send us the contract specification you work to and we will price against it.

Locations

CountryRegionWe trade it as
PeruPacific coast and the Humboldt current fisheryOrigin and destination
MoroccoAgadir, Dakhla and the Atlantic coastOrigin and destination
SpainGalicia, Andalusia and the Cantabrian coastOrigin and destination
TurkiyeBlack Sea and Aegean coastsOrigin and destination
JapanHokkaido, Kyushu and the Seto Inland SeaOrigin and destination
ChinaShandong, Fujian, Guangdong and HainanOrigin and destination
South KoreaJeollanam-do and the southern island fisheriesOrigin and destination
VietnamKhanh Hoa, Kien Giang and the Mekong deltaOrigin and destination
ThailandSamut Sakhon, Songkhla and the Andaman coastOrigin and destination
IndonesiaSulawesi, Nusa Tenggara, Java and MalukuOrigin and destination
PhilippinesVisayas, Palawan and MindanaoOrigin and destination
MalaysiaSabah, Sarawak and the Perak coastOrigin and destination
IndiaTamil Nadu, Kerala, Gujarat and Andhra PradeshOrigin and destination
BangladeshChattogram, Cox s Bazar and the Bay of Bengal coastOrigin and destination
Sri LankaNorthern and eastern coastal fisheriesOrigin and destination
MyanmarRakhine and Tanintharyi coastsOrigin and destination
ItalySicily, Puglia and the AdriaticOrigin and destination
GreeceAegean and Ionian coastal fisheriesOrigin and destination
SingaporeRegional trading, finance and re-exportTrading and finance
Hong KongSheung Wan dried seafood trade and re-export into mainland ChinaDestination and trading hub
TaiwanKaohsiung and the western coastal processing baseDestination
United StatesAlaska, the Gulf coast, New England and the Pacific northwestOrigin and destination
NigeriaLagos and the southern consuming marketDestination
United Arab EmiratesDubai re-export and Gulf consumptionDestination

Origins and destinations outside this list trade on request. We are not limited to the locations shown here.

Timing

Harvest is when the catch is landed or the crop is taken at origin. Arrival is when a shipment from that origin typically lands in a consuming market. The gap between them is processing, drying or freezing, inspection, veterinary clearance and the voyage.

HarvestArrival

OriginJFMAMJJASONDWindow
MoroccoArrivalHarvestHarvestHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalArrivalHarvest May to Nov, arrival Jul to JanAtlantic anchovy taken off Agadir and Dakhla, with the main run through the warm months.
PeruArrivalArrivalHarvestHarvestHarvest and arrivalHarvest and arrivalArrivalArrivalHarvestHarvestHarvest Apr to Dec, arrival Jan to SepTwo regulated seasons on the Humboldt anchoveta, with most volume going to reduction and a food grade fraction dried.
VietnamHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalArrivalArrivalHarvestHarvestHarvest and arrivalHarvest and arrivalHarvest Sep to Apr, arrival Nov to JunTwo runs on the central and southern coasts, with the cooler months giving the firmer fish.
ThailandHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalArrivalHarvestHarvestHarvest and arrivalHarvest Oct to Apr, arrival Dec to MayGulf and Andaman lift net fisheries, with drying concentrated in the dry season.
IndonesiaHarvestHarvestHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalArrivalArrivalHarvest Apr to Sep, arrival Jun to NovSulawesi and Nusa Tenggara lift net fisheries working through the dry monsoon.
IndiaHarvest and arrivalHarvest and arrivalArrivalArrivalHarvestHarvestHarvest and arrivalHarvest and arrivalHarvest Sep to Feb, arrival Nov to AprPost monsoon season on the southwest and southeast coasts.
JapanHarvestHarvest and arrivalHarvest and arrivalHarvest and arrivalArrivalHarvestHarvest and arrivalArrivalHarvest Mar to Nov, arrival Apr to DecSpring and autumn runs, with the premium boiled and dried niboshi trade taking the best of the catch.
ChinaHarvestHarvest and arrivalHarvest and arrivalArrivalHarvestHarvest and arrivalHarvest and arrivalArrivalHarvest Apr to Nov, arrival May to DecFujian and Guangdong coastal fisheries around the summer closure.

Windows outside this pattern trade on request, including carry, forward positions and stock already sitting in a destination warehouse.

Customs, packing and contract terms

Indicative terms for anchovy. Tariff classification is the importer’s responsibility and limits change, so confirm both against the destination customs authority and the current regulation before you fix a contract.

  • HS heading0305.59 Dried fish, other, whether or not salted but not smoked
    0305.63 Anchovies, salted but not dried or smoked, or in brine
  • PackingCartons of 10 kg to 20 kg with food grade liner, vacuum packed for high value items. Water activity at pack decides whether the lot ships ambient or chilled.
  • Container loading20ft: 10 t to 18 t, generally volume limited. Reefer at minus 18 degrees Celsius for frozen, ambient or chilled for dried depending on water activity.
  • Contract and arbitrationSale on sample and specification against a certificate of analysis, with the establishment approval number stated in the contract. Arbitration under ICC rules or at the contract seat.
  • Destination limitsEU third country establishment listing and health certification under Regulation 2019/627 with a catch certificate under the IUU Regulation 1005/2008. Heavy metal limits for cadmium, lead, mercury and inorganic arsenic under Regulation 2023/915, histamine controls on scombroid species, CITES Appendix II listing for several sea cucumber species, and novel food authorisation for algae without an EU history of consumption.

Common questions

What grades of anchovy does SIP Global trade?

We quote 38 published grades of anchovy, including Species - Declared, by scientific name, Processing method - Declared, Drying method - Declared, Form - Declared, Salting - Declared, with the salt applied and Size band - Millimetres of total length, and count per kilogram. Every grade is tied to a delivery point and a settlement route. Grades outside the published list are priced on request.

How is anchovy graded?

Dried anchovy is contracted on species, on the size band, and on the moisture and salt content that determine how the fish keeps and how it tastes. Cleanliness and histamine govern whether it clears at the destination. Grading runs on 5 systems: Species identity and product form, Size and physical grading, Composition and laboratory analysis, Cleanliness, contamination and food safety and Delivery, documentation and certification.

Where does SIP Global trade anchovy?

We trade anchovy in Peru, Morocco, Spain, Turkiye, Japan, China, South Korea and Vietnam and 16 further markets. Origins and destinations outside this list trade on request. We are not limited to the locations shown.

When is anchovy harvested and when does it arrive?

Typical windows are Morocco: harvest may to nov, arrival jul to jan; Peru: harvest apr to dec, arrival jan to sep; Vietnam: harvest sep to apr, arrival nov to jun; Thailand: harvest oct to apr, arrival dec to may; Indonesia: harvest apr to sep, arrival jun to nov. Harvest is when the lot is taken at origin, arrival is when a shipment from that origin lands in a consuming market. Windows outside this pattern, including carry, trade on request.

What is the HS code for anchovy?

Anchovy is normally classified under HS 0305.59 (dried fish, other, whether or not salted but not smoked) and HS 0305.63 (anchovies, salted but not dried or smoked, or in brine). The heading follows the form the goods are in at the border, and national tariffs extend it beyond six digits, so confirm the full line with the destination customs authority before you fix a contract.

How do I get a price for anchovy?

Send the grade, the origin and the delivery window to the SIP Global desk. That is enough for a trader to come back with a level and a settlement route. 1 listed anchovy market is published on this page, each with its full specification and terms. We take both sides, physical and financial, prompt to long dated.

Standards and data sources

The grading language on this sheet follows published standards. Trade volumes and tariff lines are public record. Verify anything here against the source.

  • ISOInternational Organization for Standardization
  • Codex AlimentariusFAO and WHO food standards
  • UN ComtradeOfficial international trade statistics by HS code
  • ITC Trade MapBilateral trade flows and tariff data
  • FAOSTATFAO production and trade series for agricultural commodities

Price this with our desk

Grade, origin and window if you have them. If what you are carrying does not fit the sheet above, describe it in your own words and a trader will take it from there.

Nothing here matches what you are holding? Send it anyway. The sheets cover the markets we publish, not the limit of what the desk will look at.

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