Fish Oil Shortage and Price Increases
There is a severe fish oil shortage that will affect all of us who take fish oil supplements.
Most of the world's fish oil supplies come from the Pacific Ocean, off the coasts of Peru and Chile.
Unfortunately, last year's fishery catch was practically non-existent. This year’s catch has been just as weak.
Effects of the El Niño climate event have led to a warming of the Pacific's surface in that region, driving adult Anchovy into deeper waters where they are impossible to fish.
Over the last year, the cost of fish oil raw material has nearly doubled.
We kept our price steady and did not pass it on to you in the hopes that a good catch would bring prices back down. Instead, the price just recently doubled once again, due to another poor fishing season.
Considering the global supply shortage and pressure from rising costs, a price increase for our fish oil products has become unavoidable.
I understand that such increases can be burdensome, and I apologize for the inconvenience this may cause you.
Note To Subscription Customers:
After 12 years of low and unchanged AutoShip prices, we must adjust due to fish oil price increases.
Thank you for your understanding.