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Squid/Octopus

 
Report Date: Thursday, June 29, 2017
 
 
 

This report focuses on catch volumes of different species of cephalopods in the EU and Argentina. We also inform on fishing bans, prices, inventories, markets, imports and exports of the species in the index.

INDEX

 
1. EUROPE

1.1 European Union - squid, cuttlefish, shortfin squid and octopus

 
2. SOUTH AMERICA
2.1 Argentina - squid
 

 

1. EUROPE

1.1 European Union

Squid, shortfin squid, cuttlefish and octopus

Spain

Supplies of cephalopods rose by 18% on Mercabarna in May. Fresh cephalopods reported a rise of 38 tonnes and frozen ones dropped by 20 tonnes. The most important increases were registered in fresh peeled giant squid, fresh squid strips, chilled squid, frozen squid fried in butter and fresh chilled octopus. The most significant drops were those in frozen Chinese squid, frozen baby squid, frozen Galician squid, frozen crushed clean giant squid and frozen national squid.

On Mercamadrid, supplies of cephalopods declined in the case of frozen shortfin squid and frozen baby squid in May. Those for the rest of species increased. The most dramatic increases were those in frozen national squid, frozen Galician squid, fresh baby squid, frozen Patagonian squid and frozen clean giant squid.

Table 1: Supplies of cephalopods in Mercamadrid

Item

Volume (kg)

Variation (%)

May

April

Frozen

Boston squid

47,543

39,223

21

Californian squid

101,874

84,054

21

Indian squid

101,874

84,054

21

National squid

271,672

224,143

21

Patagonian squid

156,208

128,881

21

Squids fried in butter

34,395

25,123

37

Small squid

1,015

5,819

-83

Clean cuttlefish

30,993

11,284

175

Dirty cuttlefish

7,748

2,821

175

Galician octopus

106,484

68,444

56

Thai octopus

45,637

29,334

56

Shortfin squid

23,082

52,974

-56

Fresh

Shortfin squid rings

18,402

3,917

370

Squid

211,997

203,112

4

Small squid

72706,00

44430,00

64

Giant squid

18,810

5,535

240

Cooked octopus

37,945

23,613

61

Large octopus

12,647

7,869

61

Medium-sized octopus

12,647

7,869

61

General total

1,313,679

1,052,499

25

 Source: Mercamadrid

France

Volumes landed at French ports during May increased in the case of squid and cuttlefish. The main ports were Granville with 53 tonnes, Oleron with 25 tonnes, Port en Bessin with 23 tonnes, Saint Quay Portrieux with 22 tonnes and Erquy with 21 tonnes.

Table 2: Volumes landed at French national markets

Species

Volumes in 2017 (t)

Cumulative volume Jan/May (t)

May

April

% of variation

Year 2017

Year 2016

% of variation

Squid

25

12

104

919

303

204

Cuttlefish

217

182

19

1,321

14

-

 Source: FranceAgriMer

Italy

At Italian ports, during May, volumes of the all species analysed increased. The most important rises were those in horned octopus, squid and shortfin squid. The main ports were San Benedetto de Tronto with 61 tonnes and Ancona with 50 tonnes.

Table 3: Volumes landed at Italian ports

Species

Volumes in 2017 (t)

Cumulative volume Jan/May (t)

May

April

% of variation

Year 2017

Year 2016

% of variation

Squid

8

0

2,247

31

34

-9

Bobtail

1

0

1,129

3

5

-30

Giant squid

0

0

543

4

10

-55

Shortfin squid

117

4

2,991

151

105

43

Octopus

10

1

1,458

33

31

6

Horned octopus

57

5

1,093

133

105

26

Cuttlefish

86

8

1,006

204

210

-3

 Source: ISMEA (Istituto di Servizi per il mercato agricolo e alimentare)

Denmark

Volumes of squid supplies on Danish markets rose by 760 tonnes in May, compared with the previous month.

Table 4: Volumes landed on Danish markets

Species

Volumes in 2017 (t)

April

March

% of variation

Squid

2,531

1,772

42,87

 Source: Fiskeauktion.dk

Prices

Spain

On Mercabarna, during May, the most important increases were those in fresh squid, frozen dirty giant squid, fresh giant squid and fresh baby squid. The most important drops were those in frozen Patagonian squid, frozen Boston squid and frozen Galician octopus. In the three species, prices declined due to the lower demand.

On Mercamadrid, the prices remained stable for most species. There were some variations only in fresh squid and fresh large octopus, which registered a rise.

Table 5: Prices on the wholesale market of Mercamadrid,
April-May 2017

Item

Average price (EUR/kg)

Variation (%)

May

April

Frozen

Boston squid

4.51

4.51

0

California squid

3.01

3.01

0

Indian squid

4.51

4.51

0

National squid

6.80

6.80

0

Patagonian squid

3.50

3.50

0

Squids fried in butter

3.01

3.01

0

Small squid

5.71

5.71

0

Clean cuttlefish

5.11

5.11

0

Dirty cuttlefish

4.06

4.06

0

Galician octopus

8.41

8.41

0

Thai octopus

5.41

5.41

0

Shortfin squid

2.70

2.70

0

Fresh

Shortfin squid rings

3.01

3.01

0

Squid

15.07

14.80

2

Small squid

8.50

8.50

0

Giant squid

5.11

5.11

0

Cooked octopus

22.50

22.50

0

Large octopus

12.02

11.67

3

Medium-sized octopus

8.50

8.50

0

 Source: Mercamadrid

France

On French first-sale markets, during May, prices of cuttlefish and squid declined because of a rise in supplies.

Table 6: Average prices at French ports,
April-May 2017, in EUR/kg

Species

May

April

% of variation

Squid

11.86

12.51

-5

Cuttlefish

4.35

5.13

-15

 Source: FranceAgriMer

Italy

On Italian first-sale markets, during May, prices of shortfin squid, giant squid and squid declined because of a rise in supplies. Those of horned octopus, cuttlefish and bobtail have also risen due to higher demand. Those of octopus remained stable.

Table 7: Average prices at Italian first-sale ports,
April-May 2017, in EUR/kg

Product

May

April

% of variation

Lowest price

Highest price

Lowest price

Highest price

Lowest price

Highest price

Squid

10.00

11.05

11.76

13.06

-15

-15

Bobtail

6.56

7.47

6.71

7.20

-2

4

Giant squid

22.21

23.92

24.56

26.44

-10

-10

Shortfin squid

3.66

5.97

4.97

6.72

-26

-11

Octopus

5.88

8.91

6.07

8.65

-3

3

Horned octopus

4.22

6.46

4.12

5.88

2

10

Cuttlefish

8.44

10.45

7.31

8.99

15

16

 Source: ISMEA (Istituto di Servizi per il mercato agricolo e alimentare)

Denmark

The average price of squid increased by EUR 0.09/kg on Danish markets, due to the higher demand.

Table 8: Average prices on Danish markets in DKK/kg

Species

April (EUR/kg)

March (EUR/kg)

% of variation

Squid

7.21

7.13

1.23

 Source: Fiskeauktion.dk

Markets

Table 9: Imports of frozen squid and shortfin squid
(Ommastrephes spp., Loligo spp., Nototodarus spp.,
Sepioteuthis spp
.) by the EU, January-April 2017/2016

Product

Volume (mt)

Average price (EUR/kg)

2017

2016

2017

2016

India

4

17,803

2.98

3.24

China

398

11,304

2.91

3.61

Spain

414

9,450

3.50

3.62

Morocco

 

7,412

 

5.30

United States

 

5,561

 

3.70

South Africa

 

5,561

 

5.51

Thailand

 

4,817

 

3.32

Mauritania

 

2,815

 

5.80

New Zealand

45

1,307

2.27

1.90

Vietnam

 

1,336

 

5.21

Indonesia

 

1,190

 

4.63

Peru

 

1,070

 

2.77

Portugal

22

922

2.57

5.56

Namibia

 

642

 

8.09

Netherlands

31

511

6.58

7.44

Falkland Islands

 

481

 

5.64

Belgium

40

382

7.58

3.65

Italy

0

314

26.08

5.63

Taiwan

 

289

 

5.25

France

0

252

17.98

7.28

Greece

2

179

4.35

4.46

South Korea

26

132

6.89

3.85

Mexico

 

153

 

1.93

Senegal

 

148

 

5.75

United Kingdom

17

129

4.06

4.12

Croatia

1

128

5.94

5.46

Pakistan

 

104

 

2.85

Albany

 

104

 

8.38

Germany

12

76

11.83

6.51

Denmark

0

76

5.85

7.79

Other (21)

15

357

8.31

5.18

Total

1,027

75,002

3.72

4.06

 Source: Eurostat (Preliminary information)

Table 10: Exports of frozen squid and shortfin squid
(Ommastrephes spp., Loligo spp., Nototodarus spp.,
Sepioteuthis spp
.) by the EU, January-April 2017/2016

Product

Volume (mt)

Average price (EUR/kg)

2017

2016

2017

2016

Italy

43

5,810

3.96

5.04

France

1,852

1,159

1.70

6.04

Portugal

20

1,861

6.09

3.74

Germany

623

948

1.46

4.70

Spain

 

1,460

 

4.66

Croatia

 

567

 

5.29

Morocco

 

424

 

3.00

Greece

 

418

 

4.66

Thailand

 

386

 

9.98

Slovenia

0

308

47.30

4.56

Switzerland (1996-)

39

194

7.70

5.02

Cyprus

0

202

15.75

5.45

Argentina

 

184

 

2.86

Serbia

64

119

3.94

5.73

Austria

0

168

6.18

6.20

Belgium

3

136

10.48

6.26

Albany

 

131

 

4.45

Netherlands

19

81

2.39

3.49

Bulgaria

0

93

3.22

4.75

Ireland

43

46

3.11

2.85

Ceuta (Canary Islands u. 1996)

0

87

8.31

1.83

Denmark

0

72

5.88

3.94

Bosnia-Herzegovina

 

68

 

4.80

Sweden

 

67

 

5.35

United Kingdom

 

65

 

5.88

Poland

0

57

5.18

3.84

Montenegro

13

43

3.70

5.51

Malta

0

53

3.20

5.08

Melilla

 

49

 

2.29

Andorra

0

46

12.99

4.18

Other (62)

4

408

5.99

5.57

Total

2,724

15,710

1.91

4.93

 Source: Eurostat (Preliminary information)

Back to index

2. SOUTH AMERICA

2.1 Argentina

Landed volumes

According the last report on the situation from the Secretary of Agriculture, Livestock and Fisheries, volumes landed in May declined by 9,000 tonnes, compared with April, and were very far from those of February and March. Compared with 2016, during the same period, volumes increased by 50,000 tonnes.

Since January to 22 June, the volumes landed by fresh trawlers reached 9,000 tonnes, against the 97,000 tonnes of frozen products.

Table 11: Volumes of Illex squid landed in Argentina,
in tonnes

Species

Volumes in 2017 (t)

Cumulative volume Jan/May (t)

May

April

% of variation

Year 2017

Year 2016

% of variation

Illex squid

6,872

15,814

-57

96,608

46,325

109

Source: Made by FIS based on information from the DNCP

Markets

Exports of Illex shortfin squid registered 24,645 tonnes in March, remarkably up on those of February, which had reported 14,891 tonnes.

The average price of those exports amounted to USD 2,276/t, whereas those of February reported USD 2,204/t.

Table 12: Argertine exports of Illex shortfin squid

HS

Item

March 2017

Percentage variation compared with the same period 2016

Tonnes (t)

Thousands of USD

Average price (USD/t)

Tonnes (%)

Thousands of USD (%)

Average price (%)

0307.99.00.110T

Whole Illex squid

21,309

43,500

2,041

130.10%

253.30%

53.50%

0307.99.00.120W

Skinless Illex squid rings

 

1

1,400

-97.10%

-99.10%

-69.30%

0307.99.00.130Z

Exports of Illex squid,

3,092

11,924

3,857

481.70%

781.00%

51.50%

0307.99.00.140C

Beaks, roes, gonads and pieces of Illex squid

   

800

-99.80%

-99.80%

-13.00%

0307.99.00.150F

Illex squid tentacles with no beaks or eyes

193

560

2,899

     

0307.99.00.161L

Clean tubes of Illex squid.

           

0307.99.00.190U

Other Illex squid

51

111

2,195

     
 

Total Illex squid

24,645

56,096

2,276

     

Source: Fishery Economy Directorate, based on information from the INDEC

Back to index

By Juan Murias

www.fis.com


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