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Squid/Octopus

 
Report Date: Wednesday, December 06, 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 dropped by 176 tonnes on Mercabarna in October, compared with the previous month. The most important drops were those in fresh peeled giant squid, fresh squid stripes, fresh giant squid, frozen clean crushed giant squid and frozen national squid. The most important increase was that in fresh squid.

On the wholesale market of Mercamadrid, incoming volumes of squid rose by 108 tonnes in October. The most important rises were those in frozen national squid, frozen clean giatn squid, frozen Patagonian squid, Californian squid and Indian squid. The most important drop was that in frozen shortfin squid.

Table 1: Supplies of cephalopods in Mercamadrid

Description

Volume (kg)

Variation (%)

October

September

Frozen

Boston squid

47,876

40,655

18

California squid

102,591

87,122

18

Indian squid

102,591

87,122

18

National squid

273,579

232,321

18

Patagonian squid

157,306

133,588

18

Squids fried in butter

26,162

24,913

5

Small squid

12,845

4,726

172

Clean cuttlefish

47,938

21,082

127

Dirty cuttlefish

11,985

5,270

127

Galician octopus

53,707

63,554

-15

Thai octopus

23,020

27,238

-15

Shortfin squid

2,030

31,356

-94

Fresh

Shortfin squid rings

1,541

1,198

29

Squid

196,208

191,187

3

Small squid

71,674

61,983

16

Giant squid

3,342

2,788

20

Cooked octopus

15,581

21,519

-28

Large octopus

5,193

7,173

-28

Medium-sized octopus

5,193

7,173

-28

General total

1,160,362

1,051,968

10

 Source: Mercamadrid

France

Volumes landed at French ports during October increased in the case of squid and declined in cuttlefish. The main ports were Boulogne/Mer with 214 tonnes, Port en Bessin with 141 tonnes, Les Sables D'olonne with 113 tonnes and La Turballe with 111 tonnes.

Table 2: Volumes landed at French national markets

Species

Volume in 2017 (T)

Cumulative Volume Jan/Oct (T)

October

September

%  variation

Year 2017

Year 2016

% variation

Squid

397

216

84

1,673

864

94

Cuttlefish

630

674

-7

3,795

1,698

123

 Source: FranceAgriMer

Italy

At Italian ports, during October, volumes of cuttlefish declined and those of the rest of cephalopod species increased. The main ports were Ancona with 16 tonnes, Aci Trezza with 11 tonnes and Civitanova Marche with 7tonnes.

Table 3: Volumes landed at Italian ports

Species

Volume in 2017 (T)

Cumulative Volume Jan/Oct (T)

October

September

% variation

Year 2017

Year 2016

% variation

Squid

7

4

63

60

73

-17

Bobtail

1

0

317

6

9

-31

Giant squid

1

0

133

7

18

-60

Shortfin squid

15

4

293

278

189

47

Octopus

6

5

30

65

61

6

Horned Octopus

8

7

18

232

172

35

Cuttlefish

13

13

-2

280

329

-15

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

Denmark

Volumes of squid supplies on Danish markets dropped by 3 tonnes in October, compared with the previous month.

Table 4: Volumes landed on Danish markets

Species

Volume in 2017 (Kg)

October

September

% variation

Squid

2,049

35,496

-94.23

Source: Fiskeauktion.dk

Prices

Spain

On Mercabarna, in October, the most important declines were registered in fresh baby squid, fresh squid and fresh octopus, all of them due to bulkier supplies. The most significant There were some drops also in frozen Chinese squid, frozen Indian squid, frozen Patagonian squid and frozen tentacles, all due to a lower demand. That of frozen Galician octopus, fresh giant squid, frozen shortfin squid, frozen squid fried in butter and fresh cooked octopus increased because of a drop in supplies.

On Mercamadrid, prices of cephalopods remained stable in all species, except for that of fresh squid that dropped by EUR 3.10/kg

Table 5: Prices on the wholesale market of Mercamadrid,
September-October 2017

Description

Average price (EUR/kg)

Variation (%)

October

September

Frozen

Boston squid

4.51

4.51

0

Californian 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

11.17

14.26

-22

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

12.02

0

Medium-sized octopus

8.50

8.50

0

 Source: Mercamadrid

France

In October, prices of first sales at French markets declined in the case of squid, due to a rise in supplies, and in cuttlefish, because of a lower demand.

Table 6: Average prices at French ports
in September and October 2017, in EUR/kg.

Species

October

September

% variation

Squid

6.65

8.07

-18

Cuttlefish

4.54

5.18

-12

Source: FranceAgriMer

Italy

On Italian first sale markets, in October, prices increased in squid, giant squid and octopus; those of bobtail, shortfin squid and horned octopus declined.

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

Product

September

August

% variation

Lowest price

Highest price

Lowest price

Highest price

Lowest price

Highest price

Squid

12.52

15.22

10.67

12.67

17

20

Bobtail

2.61

3.45

6.34

7.21

-59

-52

Giant squid

17.02

19.47

12.98

14.49

31

34

Shortfin squid

3.29

5.01

3.94

4.99

-17

0

Octopus

2.49

3.82

2.09

3.68

19

4

Horned octopus

2.60

4.08

2.85

4.22

-9

-3

Cuttlefish

7.09

9.06

7.26

8.89

-2

2

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

Denmark

The average price of squid increased halved on Danish markets, due to the lower demand.

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

Species

October (EUR/kg)

September (EUR/kg)

% variation

Squid

35.70

76.50

-53.33

 Source: Fiskeauktion.dk

MARKETS

Table 9: Imports of frozen cephalopod species in the EU,
January-August 2017/2016

Product

Volumen ( Tm )

Precio medio (€/kg)

2017

2016

2017

2016

Sepiola rondeleti

208

n/c

7.80

n/c

Other bobtail (except Sepiola rondeleti)

605

n/c

7.45

n/c

Cuttlefish (Sepia officinalis, Rossia macrosoma)

22,649

n/c

5.22

n/c

Loligo vulgaris

14,387

n/c

5.95

n/c

Loligo pealei

902

n/c

5.04

n/c

Loligo gahi

33,780

n/c

5.47

n/c

Other Loligos

65,557

n/c

5.28

n/c

Ommastrephes spp., except Ommastrephes sagittatus, Nototodarus spp., Sepioteuthis spp.

10,483

n/c

4.57

n/c

Illex spp.

37,785

n/c

3.79

n/c

European shortfin squid (Todarodes sagittatus) (Ommastrephes sagittatus)

347

n/c

3.29

n/c

Other shortfin squid

118,715

n/c

4.32

n/c

Sepiola rondeleti

129

411

5.19

5.60

Other bobtail (except Sepiola rondeleti)

301

1,253

4.36

4.82

Cuttlefish (Sepia officinalis, Rossia macrosoma)

12,192

30,939

4.10

4.25

Loligo vulgaris

6,798

18,113

5.27

5.54

Loligo pealei

2,374

4,364

4.62

6.00

Loligo gahi

3,999

21,884

4.68

6.00

Other Loligos

28,522

76,440

4.74

4.85

Other squids

6,485

18,954

3.04

3.25

 Source: Eurostat (Preliminary information)

Table 10: Exports of frozen cephalopod species in the EU,
January-August 2017/2016

Producto

Volumen ( Tm )

Precio medio (€/kg)

2017

2016

2017

2016

Sepiola rondeleti

142

n/c

6.11

n/c

Other bobtail (except Sepiola rondeleti)

1,534

n/c

6.23

n/c

Cuttlefish (Sepia officinalis, Rossia macrosoma)

3,307

n/c

6.74

n/c

Loligo vulgaris

2,867

n/c

6.72

n/c

Loligo pealei

117

n/c

4.46

n/c

Loligo gahi

17,477

n/c

4.55

n/c

Other Loligos

10,209

n/c

4.85

n/c

Ommastrephes spp., except Ommastrephes sagittatus, Nototodarus spp., Sepioteuthis spp.

3,241

n/c

5.33

n/c

Illex spp.

8,213

n/c

4.18

n/c

European shortfin squid (Todarodes sagittatus) (Ommastrephes sagittatus)

594

n/c

3.27

n/c

Other shortfin squid

13,175

n/c

4.40

n/c

Sepiola rondeleti

85

209

4.45

5.23

Other bobtail (except Sepiola rondeleti)

780

2,012

4.43

5.39

Cuttlefish (Sepia officinalis, Rossia macrosoma)

2,456

6,605

5.11

5.30

Loligo vulgaris

1,830

4,519

4.70

5.13

Loligo pealei

155

232

5.22

6.16

Loligo gahi

1,525

8,593

5.24

5.50

Other Loligos

3,425

11,910

4.14

4.27

Other squids

2,513

6,999

4.24

4.51

 Source: Eurostat (Preliminary information)

Back to index

2. SOUTH AMERICA

2.1 Argentina

Landed volumes

At Argentine ports, in October, volumes of Illex squid increased significantly from those of September. Volumes landed this year have been almost twice those registered during the same period in 2016.

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

Species

Volume in 2017 (T)

Cumulative volulme Jan/Oct (T)

October

September

% variation

Year 2017

Year 2016

% variation

Illex squid

260

24

1,003

97,005

58,183

67

Loligo squid

6

4

74

38

18

112

Source: Made by FIS based on information from the DNCP

MARKETS

Exports of Illex squid reached 256 tonnes in August. The average price of these exports was EUR 2.56/kg. Compared with August 2016, they are down 94.3%. However, total exports in Jan/Aug increased by 67.3%.

Table 12: Argentine exports of Illex shortfin squid

HS

Item

August 2017

Percentage variation compared with the same period 2016

t

Thousands of USD

Average price in USD/t

T (%)

Thousands of USD

Average price (%)

0307.99.00.110T

Whole Illex squid

168

405

2,415

74.0%

112.5%

22.1%

0307.99.00.120W

Skinless Illex squid rings

1

7

5,000

-73.7%

-69.1%

17.7%

0307.99.00.130Z

Exports of Illex squid,

     

66.9%

75.5%

5.2%

0307.99.00.140C

Beaks, roes, gonads and pieces of Illex squid

17

19

1,100

-59.6%

-48.2%

28.5%

0307.99.00.150F

Illex squid tentacles with no beaks or eyes

41

151

3,664

-17.5%

-10.0%

9.1%

0307.99.00.161L

Clean tubes of Illex squid.

1

5

4,605

-40.1%

-4.7%

59.0%

0307.99.00.190U

Other Illex squid

28

76

2,700

124.7%

212.1%

38.9%

 

Total Illex squid

256

663

3,247

67.30%

93.6%

15.7%

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

Back to index

By Juan Murias

www.fis.com


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