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By the end of 2020, the industry has shown some signs of recovery, giving great hope for 2021.
However, the trade volume of octopus and squid presents different trends
.
In Yucatan, Mexico, octopus catches in 2020 were the lowest in a decade, resulting in a 50% drop in sales
.
The catch in 2019 was about 16,000 tons, and by the end of October 2020, it was only 8,000 tons
.
Mexico's octopus exports in 2020 are lower than in 2019
.
.
The catch in 2019 was about 16,000 tons, and by the end of October 2020, it was only 8,000 tons
.
Mexico's octopus exports in 2020 are lower than in 2019
.
The production of octopus in Morocco in 2020 is very good, so this has an impact on the market
.
.
After falling to the lowest level since 2016, the price of octopus in the European market began to rise again in October 2020
.
In the Mediterranean region, summer vacation is usually the peak season for octopus sales, and the epidemic has not affected the decline in sales
.
.
In the Mediterranean region, summer vacation is usually the peak season for octopus sales, and the epidemic has not affected the decline in sales
.
At the end of the fishing season, which ended on October 1, Mauritanian exporters noticed that Spanish prices had increased
.
.
Compared with the same period in 2019, Japan’s octopus (all species) imports fell by 2.
6% in the first nine months of 2020
.
However, the two largest supplier countries, Mauritania and Morocco, increased their exports to Japan by 17.
5% and 24.
2%, respectively
.
6% in the first nine months of 2020
.
However, the two largest supplier countries, Mauritania and Morocco, increased their exports to Japan by 17.
5% and 24.
2%, respectively
.
Compared with the same period in 2019, South Korea’s octopus imports in the first nine months of 2020 hardly changed at 50,600 tons
.
China has strengthened its position as the largest supplier, exporting 22,102 tons of octopus to South Korea, an increase of 6.
6% from 2019
.
.
China has strengthened its position as the largest supplier, exporting 22,102 tons of octopus to South Korea, an increase of 6.
6% from 2019
.
Peru owns approximately 49% of the world’s large squid stocks, and 100% of the catch is from manual fishing.
However, international buyers are worried about poor fishery management.
If the artisanal fleet and fishery are not properly controlled, they may be classified as illegal.
, Unreported and unregulated (IUU) fisheries
.
If this happens, the Peruvian squid fishing industry will face huge market challenges
.
However, international buyers are worried about poor fishery management.
If the artisanal fleet and fishery are not properly controlled, they may be classified as illegal.
, Unreported and unregulated (IUU) fisheries
.
If this happens, the Peruvian squid fishing industry will face huge market challenges
.
The number of Chinese squid fishermen in South Pacific waters has quadrupled in the past nine years
.
In late October, more than 300 Chinese ships were found near Peru’s exclusive economic zone.
Although South American countries set quotas on squid fishing in their waters, there are no restrictions on ships sailing in international waters
.
.
In late October, more than 300 Chinese ships were found near Peru’s exclusive economic zone.
Although South American countries set quotas on squid fishing in their waters, there are no restrictions on ships sailing in international waters
.
The number of incoming cargoes in Zhoushan Port, China's ocean-going fishing port, has increased significantly
.
In the first 10 months of 2020, Zhoushan’s squid imports increased by 13% from 2019, from 300,000 tons to 340,000 tons
.
.
In the first 10 months of 2020, Zhoushan’s squid imports increased by 13% from 2019, from 300,000 tons to 340,000 tons
.
In the first 11 months of 2020, South Korea imported 25,224 tons of frozen squid flakes, an increase of 9% from the 23,234 tons in the same period in 2019
.
The price has fallen
.
The average import price in November was US$1.
48 per kilogram, a 36% drop from the same period last year
.
.
The price has fallen
.
The average import price in November was US$1.
48 per kilogram, a 36% drop from the same period last year
.
In the first nine months of 2020, Japan’s squid and cuttlefish imports fell by 5% to 108,756 tons
.
China and Peru's exports to it fell by 7.
1% and 36.
2%, respectively
.
.
China and Peru's exports to it fell by 7.
1% and 36.
2%, respectively
.
Compared with the same period in 2019, China's squid and cuttlefish imports have also fallen by 20% in the first nine months of 2020
.
In 2019, Peru is China’s largest supplier.
By 2020, Peru’s exports to China have decreased by 65%, from 71,439 tons to 25,172 tons
.
.
In 2019, Peru is China’s largest supplier.
By 2020, Peru’s exports to China have decreased by 65%, from 71,439 tons to 25,172 tons
.
In the first three quarters of 2020, Spain’s imports of squid and cuttlefish also decreased to 162,826 tons, which is lower than the 235,125 tons in 2018 and 217,036 tons in 2019
.
.
Moroccan squid prices are still well below 2020 prices, although there have been some improvements before the end of the year
.
Last August, the price of Moroccan squid reached its lowest level in recent years
.
By the end of this year, Spanish demand appeared to have risen, but production was very small
.
.
Last August, the price of Moroccan squid reached its lowest level in recent years
.
By the end of this year, Spanish demand appeared to have risen, but production was very small
.