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Squid/Octopus

 
Report Date: Wednesday, February 01, 2017
 
 
 

This report focuses on catch volumes of different species of cephalopods in the European Union, Argentina and The Falkland Islands. 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
2.2Falkland Islands -  squid

 

 

1. EUROPE

1.1 European Union

Squid, shortfin squid, cuttlefish and octopus

Spain

Supplies of frozen cephalopods increased by 33% on Mercabarna in December.

These increases were registered in all species except for baby squid and Boston squid that rerported a drop.

 The most important rise in percentages was registered in dirty giant squid. Supplies of fresh cephalopods have varied slightly from those of November. The most significant rise was reported by cooked octopus. Drops were registered in baby squid, squid strings and squid. The rest has increased.

On Mercamadrid, supplies of frozen cephalopods increased in all species in December. The most important rise in volumes was that in Galician and Thai octopus. Most fresh species registered a rise in volumes. Those of shortfin squid and baby squid declined.

Table 1: Supplies of cephalopods in Mercamadrid

Item

Volume (kg)

Variation (%)

December 2016

November 2016

Frozen

Boston squid

41,777

29,345

42

California squid

89,526

62,880

42

Indian squid

89,526

62,880

42

National squid

238,732

167,677

42

Patagonian squid

137,266

96,414

42

Squids fried in butter

38,667

19,576

98

Small squid

3,133

327

858

Clean cuttlefish

18,784

10,504

79

Dirty cuttlefish

4,696

2,626

79

Galician octopus

158,050

83,449

89

Thai octopus

67,736

35,764

89

Shortfin squid

5,070

2,410

110

Fresh

Shortfin squid rings

436

799

-45

Squid

204,785

195,541

5

Small squid

57,400

74,294

-23

Giant squid

20,735

13,917

49

Cooked octopus

72,237

48,048

50

Large octopus

24,078

16,016

50

Medium-sized octopus

24,078

16,016

50

 Source: Mercamadrid

France

Volumes landed at French ports in December increased in the case of squid and declined in the case of cuttlefish. The main ports were Boulogne/Mer with 356 tonnes, La Turballe with 233 tonnes, Port en Bessin with 155  tonnes and Les Sables D'olonne with 133 tonnes.

Table 2: Volumes landed on French national markets

Species

Volume 2016 (kg)

Cumulative volume (mt)

December

November

% of variation

Year 2016

Year 2015

% of variation

Squid

725,354

595,613

22

2,331

1,140

104

Cuttlefish

394,496

513,068

-23

2,734

31

8740

 Source: FranceAgriMer

Italy

At Italian ports, in December, volumes of cuttlefish, giant squid, bobtail and horned octopus increased. Those of squid, common octopus and shortfin squid declined. The main ports were Ancona, Civitavecchia, San Benedetto del Tronto and Aci Trezza.

Table 3: Volumes landed at Italian ports

Species

Volume 2016 (kg)

Cumulative volume (mt)

December

November

% of variation

Year 2016

Year 2015

% of variation

Squid

9,003

10,453

-14

95

106

-11

Bobtail

1,649

1,380

19

12

9

27

Giant squid

5,145

4,670

10

29

18

61

Shortfin squid

7,003

10,974

-36

212

190

11

Octopus

7,964

9,474

-16

81

94

-13

Horned octopus

16,271

11,886

37

204

244

-16

Cuttlefish

21,602

18,298

18

376

363

4

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

Portugal

At Portuguese ports, in December, volumes of octopus have reported slight variations from those of the previous month. The main ports were Peniche with 93 tonnes, Sesimbra with 65 tonnes, Póvoa de Varzim with 61 tonnes and Nazaré with 54 tonnes.

Table 4: Volumes landed at Portuguese ports in
December and November 2016, in kg

Species

Volume 2016 (kg)

Cumulative volume (mt)

December

November

% of variation

Year 2016

Year 2015

% of variation

Octopus

589,050

580,403

1

5,318

4,088

30

 Source: Docapesca

Prices

Spain

In origin markets of frozen cephalopods, prices of squid have increased. The prices of the rest of species did not show any variations -compared with the previous week.

Table 5: Exwarehouse Spain prices of frozen cephalopods,
January 2017

Species

Size

€/kg

Squid (Loligo vulgaris)

GG 35/UP

8.50

Squid (Loligo vulgaris)

G 31/34

8.30

Squid (Loligo vulgaris)

M 26/30

8.00

Squid (Loligo vulgaris)

P 21/25

4.50

Squid (Loligo vulgaris)

2-P 16/20

4.30

Squid (Loligo vulgaris)

3-P 11/15

4.20

Patagonian squid (Loligo patagonico)

10/12 cm

5.50

Patagonian squid (Loligo patagonico)

22/27 cm

5.70

IQF clean cuttlefish (Seppia Oficinialis)

500-1000 gr.

4.90

IQF clean cuttlefish (Seppia Oficinialis)

250-500 gr.

4.30

IQF clean cuttlefish (Seppia Oficinialis)

145-200 gr.

4.20

Dirty cuttlefish (Seppia Oficinialis)

G 250/400

5.20

Dirty cuttlefish (Seppia Oficinialis)

M 190/250

5.00

Dirty cuttlefish (Seppia Oficinialis)

P 140/190

4.35

Dirty cuttlefish (Seppia Oficinialis)

2P 100/140

3.95

Dirty cuttlefish (Seppia Oficinialis)

3P 70/100

3.00

Octopus (Octopus vulgaris)

T-1  4000/+

9.20

Octopus (Octopus vulgaris)

T-2  3000/4500

8.10

Octopus (Octopus vulgaris)

T-3  2000/3000

7.90

Octopus (Octopus vulgaris)

T-4  1500/2000

7.30

Octopus (Octopus vulgaris)

T-5  1200/1500

7.10

Giant squid tentacles (Dosidicus Gigas)

2/3 pc/kg

1.15

Giant squid tentacles (Dosidicus Gigas)

> 3 pc/kg

1.25

Giant squid tentacles (Dosidicus Gigas)

> 350 gr.

1.80

Squid tubes (Todarodes Pacificus)

U-5

2.20

Squid tubes (Todarodes Pacificus)

U -7

2.30

Squid rings (Todarodes Pacificus)

3 / 7 cm

2.60

Dirty shortfin squid tube

18/22 cm

3.20

Dirty shortfin squid tube

22/25 cm

3.10

Dirty shortfin squid tube

+25 cm

3.00

Whole Argentine shortfin squid (Illex argentinus)

12/18 cm

1.40

Whole Argentine shortfin squid (Illex argentinus)

16/18 cm

1.60

Whole Argentine shortfin squid (Illex argentinus)

18/22 cm

1.80

Whole Argentine shortfin squid (Illex argentinus)

22/25 cm

2.00

Shortfin squid wings, beak-on (Illex Argentinus)

 

1.80

Squid rings (Illex Argentinus)

M

2.40/3.00

Source: FIS.com

On Mercabarna, the most significant variations in prices were the drops in fresh cooked octopus, fresh baby squid, Galician octopus and fresh squid. The most significant rise was reported by fresh peeled cuttlefish.

On the wholesale market of Mercamadrid, prices of frozen species remained stable. As regards fresh cephalopods, there was a drop in squid. Those of octopus increased. That of the rest remained stable.

Table 6: Prices on the wholesale market of Mercamadrid,
December-November 2016

Item

Average price (EUR/kg)

Variation (%)

December 2016

November 2016

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

9.82

10.48

-6

Small squid

8.50

8.50

0

Giant squid

5.11

5.11

0

Cooked octopus

20.63

18.85

9

Large octopus

11.38

10.84

5

Medium-sized octopus

7.88

7.34

7

 Source: Mercamadrid

France

On French first-sale markets, during week 18, prices of squid increased because of a drop in supplies and so did that of cuttlefish due to a higher demand.

Table 7: Average prices at French ports,
November and December 2016, in EUR/kg

Species

December

November

% of variation

Squid

5.96

5.82

2

Cuttlefish

4.06

3.97

2

 Source: FranceAgriMer

Italy

At Italian first-sale markets, in December, prices increased in all species except for squid that registered a slight drop.

Table 8: Average prices at Italian first-sale ports,
November and December 2016, in EUR/kg

Product

December

November

% of variation

Lowest price

Highest price

Lowest price

Highest price

Lowest price

Highest price

Squid

11.46

13.64

11.44

14.07

0

-3

Bobtail

4.48

5.22

4.09

5.02

10

4

Giant squid

19.36

22.37

16.58

19.45

17

15

Shortfin squid

5.15

6.54

3.99

5.55

29

18

Octopus

5.96

9.11

4.92

7.42

21

23

Horned octopus

3.96

6.28

3.29

5.21

20

20

Cuttlefish

9.14

11.67

8.79

10.99

4

6

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

Portugal

The average price of octopus increased by EUR 0.34/kg, from that of the previous month, on Portuguese markets in December, due to the higher demand.

Table 9: Average prices at Portuguese markets,
November and December 2016, in EUR/kg

Species

December

November

% of variation

Octopus

5.16

4.82

7

 Source: Docapesca

Markets

Table 10: Imports of frozen octopus (Octopus spp.) by
the European Union, January-September 2016/2015

Origin

Volume (mt)

Average price (EUR/kg)

2016

2015

2016

2015

Morocco

46,100

37,609

7.11

6.64

Mauritania

10,239

11,295

6.80

5.92

Spain

11,744

7,324

5.43

4.77

Indonesia

6,259

5,509

4.06

4.04

India

4,320

3,680

2.16

2.48

Senegal

3,205

4,441

5.46

4.97

Mexico

3,628

2,742

4.11

4.49

Vietnam

2,899

2,718

2.87

2.95

Portugal

2,951

745

6.41

5.81

Peru

2,064

898

4.56

4.62

Tunisia

772

1,187

6.26

6.12

Italy

958

969

6.43

4.76

Algeria

877

623

3.31

3.05

Madagascar

581

557

4.62

4.03

Kenya

614

420

4.16

4.75

Chile

663

321

4.44

4.46

China

329

608

5.21

4.94

Ghana

533

367

5.50

5.00

Tanzania

464

422

5.34

5.61

Egypt

384

434

3.26

2.98

Netherlands

489

292

4.68

5.79

Thailand

407

357

3.69

4.03

Philippines

344

244

3.45

3.66

France

455

60

5.16

4.33

Belgium

234

275

5.71

4.82

Mozambique

151

126

3.84

4.46

United States

22

212

3.69

2.35

Malaysia

209

12

3.95

2.75

Guinea Bissau

56

138

2.73

2.73

Denmark

45

124

8.60

7.93

United Kingdom

148

20

2.55

6.83

Other (24)

371

299

5.45

5.06

Total

102,514

85,027

5.94

5.55

 Source: Eurostat (Temporary information)

Table 11: Exports of frozen octopus (Octopus spp.) by
the European Union, January-September 2016/2015

Destination

Volume (mt)

Average price (EUR/kg)

2016

2015

2016

2015

Spain

8,812

8,771

5.77

5.14

Italy

7,090

2,415

5.53

6.22

United States

5,215

3,728

6.91

6.56

Portugal

3,636

755

8.75

10.17

Germany

1,046

408

128.33

7.35

Switzerland

675

655

8.51

10.54

Greece

1,110

122

5.60

7.13

France

623

261

10.08

7.31

United Kingdom

497

162

11.47

11.26

Argentina

348

206

5.85

5.51

Slovenia

408

50

4.81

4.63

Poland

202

162

9.52

5.47

Belgium

245

61

9.88

7.08

Brazil

127

172

6.64

9.35

Cyprus

223

72

4.99

4.21

Dominican Republic

143

112

6.10

9.58

Denmark

169

52

6.27

12.78

Canada

156

63

6.98

7.04

Japan

201

3

6.43

4.81

Bosnia-Herzegovina

90

93

5.34

5.06

Netherlands

132

41

11.16

6.79

Bulgaria

120

51

5.73

4.61

Turkey

127

14

5.26

3.28

Czech Republic

94

34

12.16

11.68

Cuba

49

66

3.75

4.26

Andorra

52

47

12.32

9.66

United Arab Emirates

66

27

9.45

8.99

Austria

65

25

12.40

9.41

Luxembourg

49

38

6.26

5.82

Angola

54

32

6.62

6.07

Montenegro

54

26

6.40

6.80

Other (80)

642

441

7.24

6.33

Total

32,521

19,163

10.55

6.24

 Source: Eurostat (Temporary information)

Back to index

2. SOUTH AMERICA

2.1 Argentina

Catch operations on squid in 45ºS and 46ºS areas are registering an average of 15 and 20 tonnes per vessel, and sizes S and SS were the most abundant. Area 44ºS was opened later.

2.2 Falkland Islands

The fishing season will start on 15 February on the Islands. Catch volumes 200 miles off the Argentine coast are not good so some fishermen do not expect good results in the Namibian ground.

Back to index

By Juan Murias

www.fis.com


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