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Squid/Octopus

 
Report Date: Wednesday, December 21, 2016
 
 
 

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

EUROPE

European Union

Squid, shortfin squid, cuttlefish and octopus

Spain

Supplies of frozen cephalopods increased by 18 tonnes on Mercabarna during week 49. Total volumes of fresh samples increased by 39 tonnes. The most important increases in frozen products were registered in crushed clean giant squid, Chinese squid and octopus. The most significant drop was that in national squid. As regards fresh cephalopods, the most important increases were those in fresh squid and fresh giant squid. The most significant drop was that in fresh squid strips.

On Mercamadrid, supplies of frozen squid and cooked octopus have declined. On Mercamadrid, supplies of frozen squid and cooked octopus have declined. The most important rises were those in fresh baby squid, frozen clean giant squid and fresh giant squid.

Table 1: Offers of cephalopods in Mercamadrid

Conservation

Product

Volume 2016 (kg)

Cumulative volume (mt)

Week 49

Week 48

Evolution

2016

2015

Evolution

Frozen

Boston squid

8,476

9,280

-9

421

390

8

Frozen

California squid

18,164

19,881

-9

902

836

8

Frozen

Indian squid

18,164

19,881

-9

902

836

8

Frozen

National squid

48,437

53,018

-9

2,406

2,230

8

Frozen

Squids fried in butter

5,954

5,467

9

417

500

-17

Frozen

Small squid

680

 

-

392

191

106

Frozen

Clean cuttlefish

5,800

3,616

60

203

247

-18

Frozen

Dirty cuttlefish

1,450

904

60

51

62

-18

Frozen

Galician octopus

55,408

54,040

3

976

709

38

Fresh

Shortfin squid rings

270

 

-

32

43

-25

Fresh

Squid

43,524

41,488

5

2,456

1,976

24

Fresh

Small squid

23,336

20,157

16

786

515

53

Fresh

Giant squid

6,016

3,761

60

154

134

15

Fresh

Cooked octopus

8,136

11,249

-28

481

588

-18

 Source: Mercamadrid

France

Volumes landed at French ports during week 49 increased by 126 tonnes in squid and by 28 tonnes in the case of cuttlefish, compared with the previous week. The main ports were Boulogne/Mer with 123 tonnes, La Turballe with 100 tonnes and Les Sables D'olonne with 59 tonnes.

Table 2: Volumes landed on national French markets

Species

Volume 2016 (kg)

Cumulative volume (mt)

Week 49

Week 48

% of variation

Year 2016

Year 2015

% of variation

Squid

235,226

108,759

116

1,841

1,027

79

Cuttlefish

165,169

136,708

21

2,505

28

8764

 Source: FranceAgriMer

Italy

Volumes landed at Italian ports during week 49 increased in the case of octopus and declined in the rest of species. The most important drops were those in cuttlefish and shortfin squid. The main ports were those of Civitavecchia , Aci Trezza and Ancona.

Table 3: Volumes landed at Italian ports

Species

Volume 2016 (kg)

Cumulative volume (mt)

Week 49

Week 48

% of variation

Year 2016

Year 2015

% of variation

Squid

2,231

2,411

-7

88

99

-11

Bobtail

194

370

-47

11

8

25

Giant squid

1,044

1,424

-27

25

15

70

Shortfin squid

1,292

1,922

-33

206

182

13

Octopus

2,508

2,259

11

76

86

-12

Horned octopus

3,069

3,317

-7

191

224

-14

Cuttlefish

3,554

4,171

-15

358

340

5

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

Portugal

Volumes of octopus landed at Portuguese ports increased by 45 tonnes during week 49, compared with the previous one. The main ports were Póvoa de Varzim with 32 tonnes, Aveiro with 21 tonnes and Sesimbra with 20  tonnes.

Table 4: Volumes landed at Portuguese ports,
weeks 48 and 49, in kg

Species

Volume 2016 (kg)

Cumulative volume (mt)

Week 49

Week 48

% of variation

Year 2016

Year 2015

% of variation

Octopus

176,478

131,276

34

5,025

3,981

26

 Source: Docapesca

Prices

Spain

On origin markets of frozen cephalopods prices increased in the case of larger squid, while those of small sizes declined. The prices for the rest of species did not show any variations -compared with the previous week.

Table 5: Exwarehouse Spain prices of frozen cephalopods,
week 49

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

1.80

Dirty shortfin squid tube

22/25 cm

1.90

Dirty shortfin squid tube

+25 cm

2.00

Whole Argentine shortfin squid (Illex argentinus)

12/18 cm

1.20

Whole Argentine shortfin squid (Illex argentinus)

16/18 cm

1.40

Whole Argentine shortfin squid (Illex argentinus)

18/22 cm

1.60

Whole Argentine shortfin squid (Illex argentinus)

22/25 cm

1.80

Shortfin squid wings, beak-on (Illex Argentinus)

 

1.60

Squid rings (Illex Argentinus)

M

2.40/3.00

Source: FIS.com

On the wholesale market of Mercabarna, during week 49, the most significant variations were the drops in fresh octopus, fresh giant squid and fresh squid. The most significant rise was that of fresh peeled giant squid.

On Mercamadrid, prices of cephalopods remained stable in all species, except for that of fresh squid that dropped by EUR 0.23/kg.

Table 6: Prices on the wholesale market of Mercamadrid,
weeks 49 and 48

Presentation

Product

Price (EUR/kg)

% of variation

Week 49

Week 48

Frozen

Boston squid

4.51

4.51

0

Frozen

California squid

3.01

3.01

0

Frozen

Indian squid

4.51

4.51

0

Frozen

National squid

6.80

6.80

0

Frozen

Squids fried in butter

3.01

3.01

0

Frozen

Small squid

5.71

 

-

Frozen

Clean cuttlefish

5.11

5.11

0

Frozen

Dirty cuttlefish

4.06

4.06

0

Frozen

Galician octopus

8.41

8.41

0

Fresh

Shortfin squid rings

3.01

 

-

Fresh

Squid

9.64

9.87

-2

Fresh

Small squid

8.50

8.50

0

Fresh

Giant squid

5.11

5.11

0

Fresh

Cooked octopus

19.50

19.50

0

 Source: Mercamadrid

France

On French first-sale markets, during week 49, prices of cuttlefish and squid declined because of a rise in supplies.

Table 7: Average prices at French ports,
weeks 49 and 48, in EUR/kg

Species

Week 49

Week 48

% of variation

Squid

5.77

6.11

-6

Cuttlefish

3.82

4.19

-9

 Source: FranceAgriMer

Italy

On Italian first-sale markets, the price of common octopus declined due to the rise in supplies and so did those of cuttlefish and squid increased because of the lower demand. The prices of giant squid, bobtail, shortfin squid and horned octopus increased due to a drop in supplies.

Table 8: Average prices at Italian ports,
weeks 48 and 49, in EUR/kg

Product

Week 49

Week 48

% of variation

Lowest price

Highest price

Lowest price

Highest price

Lowest price

Highest price

Squid

11.01

12.73

11.92

14.69

-8

-13

Bobtail

6.13

6.70

4.39

5.72

40

17

Giant squid

19.19

21.75

13.92

16.33

38

33

Shortfin squid

5.10

6.13

4.23

5.69

21

8

Octopus

4.03

6.46

4.11

6.51

-2

-1

Horned octopus

3.76

5.68

3.24

5.23

16

9

Cuttlefish

9.01

11.04

8.95

11.12

1

-1

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

Portugal

The average price of octopus increased by EUR 0.23/kg on Portuguese markets during week 49, due to the higher demand.

Table 9: Precios medios en las lonjas portuguesas
en las semanas 49 y 48 de 2015, en EUR/kg.

Species

Week 49

Week 48

% of variation

Octopus

5.19

4.96

5

 Source: Docapesca

Markets

Table 10: Imports of frozen shortfin squid (Illex spp)
in the EU, January-September 2016/2015

Origin

Volume (mt)

Average price (EUR/kg)

2016

2015

2016

2015

China

30,023

16,966

2.61

1.74

Argentina

17,820

23,126

2.35

1.47

Falkland Islands

159

12,967

2.04

1.02

Spain

7,122

4,364

2.49

1.80

Taiwan

859

417

4.07

2.93

Uruguay

474

621

1.55

0.79

Portugal

740

224

3.08

2.72

Belgium

341

350

2.86

2.58

Morocco

409

251

1.78

1.50

Senegal

491

35

1.36

1.12

Thailand

392

124

2.65

2.78

United States

407

106

1.27

1.00

Netherlands

270

229

3.27

2.12

Italy

203

122

3.04

3.46

Albany

227

4

1.56

2.65

Chile

171

 

1.86

 

France

149

18

2.45

1.03

Peru

16

107

1.65

1.05

United Kingdom

70

51

2.68

1.56

Slovenia

96

 

2.07

 

South Korea

46

21

1.14

1.38

Vietnam

 

46

 

1.68

Denmark

26

4

3.83

2.70

Tunisia

 

15

 

2.78

Germany

10

5

3.96

6.53

Other (13)

43

5

3.53

2.76

Total

60,566

60,177

2.51

1.49

 Source: Eurostat (Temporary information)

Table 11: Exports of frozen shortfin squid (Illex spp)
in the EU, January-September 2016/2015

Destination

Volume (mt)

Average price (EUR/kg)

2016

2015

2016

2015

Spain

4,454

3,209

3.01

2.03

Italy

3,095

1,495

2.95

2.49

France

1,346

432

2.86

2.35

Portugal

1,053

397

1.89

1.54

Morocco

792

649

2.05

0.99

China

26

699

3.20

1.52

Turkey

343

264

2.66

2.21

Greece

427

103

1.79

1.16

United States

29

496

2.13

1.33

Germany

294

221

3.56

2.00

Uruguay

324

71

3.87

1.15

Canada

0

243

3.70

0.76

United Kingdom

182

42

3.15

3.50

Thailand

 

168

 

0.65

Algeria

3

142

2.68

0.99

Netherlands

47

97

2.39

1.40

Cuba

43

97

2.71

2.47

Argentina

133

 

12.30

 

Falkland Islands

62

68

1.58

1.16

Tunisia

92

32

2.13

0.94

Albany

11

110

1.66

0.93

Ireland

56

44

2.59

1.07

Slovenia

87

12

1.40

2.29

Japan

49

27

1.07

0.90

Switzerland

44

23

3.54

4.95

Serbia

 

60

 

0.98

Sweden

39

19

3.30

2.55

Belgium

35

23

3.86

2.97

Mexico

22

35

2.68

2.28

Romania

52

1

3.00

1.85

Ukraine

14

39

1.70

2.18

Other (49)

297

188

3.56

2.94

Total

13,451

9,504

2.89

1.86

 Source: Eurostat (Temporary information)

By Juan Murias

www.fis.com


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