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Squid/Octopus

 
Report Date: Thursday, January 18, 2018
 
 
 

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 157 tonnes on Mercabarna in December, compared with the previous month. Drops affected most species, except for fresh cooked octopus that registered a rise. The most important drop was that in fresh giant squid.

On the wholesale market of Mercamadrid, incoming volumes of squid rose by 294 tonnes in December, compared with November. The most important variation was the rise in fresh squid, frozen octopus and fresh octopus.

Table 1: Supplies of cephalopods in Mercamadrid

Description

Volume (kg)

Variation (%)

December

November

Frozen

Boston squid

39,884

40,523

-2

California squid

85,465

86,835

-2

Indian squid

85,465

86,835

-2

National squid

227,905

231,566

-2

Patagonian squid

131,045

133,147

-2

Squids fried in butter

51,969

30,060

73

Small squid

802

1,086

-26

Clean cuttlefish

14,507

11,267

29

Dirty cuttlefish

3,627

2,815

29

Galician octopus

130,714

58,551

123

Thai octopus

56,020

25,094

123

Shortfin squid

2,682

6,931

-61

Fresh

Shortfin squid rings

1,406

2,967

-53

Squid

260,259

161,152

61

Small squid

52,377

49,195

6

Giant squid

4,027

1,471

174

Cooked octopus

75,520

30,157

150

Large octopus

22,654

9,836

130

Medium-sized octopus

27,691

10,272

170

General total

1,274,019

979,760

30

 Source: Mercamadrid

France

Volumes landed at French ports during December declined in the case of squid and cuttlefish. In 2017, volumes increased both in squid and cuttlefish. The main ports were Boulogne/Mer with 316 tonnes, La Turballe with 127 tonnes and Port en Bessin with 109 tonnes.

Table 2: Volumes landed at national French markets

Species

Volume in 2017 (t)

Cumulative volume Jan/Dec (t)

December

November

% variation

2017

2016

% variation

Squid

662

898

-26

3,232

2,331

39

Cuttlefish

419

793

-47

5,007

2,734

83

Source: FranceAgriMer

Italy

Volumes landed at Italian ports in December declined in the case of common octopus, shortfin squid, squid and giant squid. There was a rise in cuttlefish, horned octopus and bobtail. The main ports were Aci Trezza with 10 tonnes, Corigliano Calabro with 8 tonnes, Ancona and San Benedetto del Tronto with 6 tonnes.

Table 3: Volumes landed at Italian ports

Species

Volume in 2017 (t)

Cumulative volume Jan/Dec (t)

December

November

% variation

2017

2016

% variation

Squid

6

7

-16

72

95

-23

Bobtail

1

1

11

8

12

-36

Giant squid

1

2

-8

10

29

-64

Shortfin squid

8

9

-20

295

212

39

Octopus

5

7

-27

77

81

-5

Horned Octopus

8

7

9

247

204

21

Cuttlefish

11

8

36

300

376

-20

 Source: ISMEA

Denmark

Volumes of squid auctioned on Danish markets declined dramatically.

Table 4: Volumes landed at Danish markets

Species

Volume in 2017 (Kg)

December

November

% variation

Squid

4,020

33,605

-88.04

 Source: Fiskeauktion.dk

Prices

Spain

On the wholesale market of Mercabarna, in December, the most important drops were those in frozen Galician octopus, fresh baby squid, frozen Californian squid, frozen squid rings and frozen squid fried in butter. The most important increases were those in fresh giant squid, fresh squid, fresh octopus, fresh cooked octopus and fresh peeled giant squid.

On Mercamadrid, prices remained stable in all frozen species. There was a rise in fresh squid and fresh octopus. The price of the rest of fresh species remained stable.

Table 5: Prices on Mercamadrid,
November-December 2017

Description

Average Price (EUR/kg)

Variation (%)

December

November

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

14.23

10.28

38

Small squid

8.50

8.50

0

Giant squid

5.11

5.11

0

Cooked octopus

24.80

22.59

10

Large octopus

14.50

12.50

16

Medium-sized octopus

9.50

9.14

4

General Total

8.56

8.07

6

 Source: Mercamadrid

France

At French ports, prices increased in the case of squid and cuttlefish in December, compared with the previous month, due to a drop in supplies.

Table 6: Average prices at French ports,
December-November 2017, in EUR/kg.

Species

December

November

% variation

Squid

6.97

5.69

22

Cuttlefish

4.81

4.05

19

Source: FranceAgriMer

Italy

On Italian first-sale markets, prices declined in the case of squid and they increased in the rest of species analysed. The most important drops were registered in giant squid, shortfin squid and octopus.

Table 7: Average prices at Italian ports,
December-November 2017, in EUR/kg

Product

December

November

% variation

Lowest price

Highest price

Lowest price

Highest price

Lowest price

Highest price

Squid

11.67

13.84

13.83

16.38

-16

-15

Bobtail

5.55

6.33

5.51

6.13

1

3

Giant squid

18.68

21.61

15.04

16.95

24

28

Shortfin squid

6.01

7.94

4.73

6.29

27

26

Octopus

4.89

6.92

4.05

6.76

21

2

Horned octopus

4.50

6.93

3.64

5.33

24

30

Cuttlefish

9.35

12.05

8.76

10.84

7

11

Source: ISMEA

Denmark

The average price of squid increased on Danish markets due to a drop in supplies.

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

Species

December (EUR/kg)

November (EUR/kg)

% variation

Squid

9.03

7.14

26.42

 Source: Fiskeauktion.dk

MARKETS

Table 9: Imports of frozen cephalopods in the European Union,
January-October 2017 and 2016

Product

Volume (t)

Average price (€/kg)

2017

2016

2017

2016

Cuttlefish (giant squid) (Sepia officinalis, Rossia macrosoma) and bobtails (Sepiola spp.)

12,621

46,382

4.55

6.75

Loligo spp.

13,171

71,789

4.86

5.91

 Source: Eurostat (Preliminary information)

Table 10: Exports of frozen cephalopods in the European Union,
January-October 2017 and 2016

Producto

Volume (t)

Average price (€/kg)

2017

2016

2017

2016

Cuttlefish (giant squid) (Sepia officinalis, Rossia macrosoma) and bobtails (Sepiola spp.)

15,871

12,112

4.77

6

Loligo spp.

12,281

45,907

4.87

5

Source: Eurostat (Preliminary information)

Back to index

2. SOUTH AMERICA

2.1 Argentina

Landed volumes

At Argentine ports, in December, volumes of Illex squid dropped by 446 tonnes. Volumes landed in 2017 increased by almost 39,000 tonnes.

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

Species

Volume in 2017 (t)

Cumulative volume Jan/Dec (t)

December

November

% variation

2017

2016

% variation

Illex squid

582

1,048

-44

98,957

60,280

64

Loligo squid

0

5

-91

45

71

-37

Source: Made by FIS based on information from the DNCP

MARKETS

Exports of Illex squid reached 173 tonnes in October. The average price of these exports was EUR 3.12, down EUR 0.56/kg on those of August. There was also a rise of 15,4% on those of September.

Table 12: Argentine exports of Illex squid

HS

Description

October 2017

Percentage variation from those of the same period in 2016

t

Thousands of U$S

Average price U$S/t

T (%)

Thousands of U$S (%)

Average price (%)

0307.99.00.110T

Whole Illex squid

136

338

2,482

75.6%

114.1%

21.9%

0307.99.00.120W

Skinless Illex squid rings

0

0

1,400

-75.4%

-71.1%

17.7%

0307.99.00.130Z

Illex squid tubes.

-

-

-

65.8%

74.1%

5.0%

0307.99.00.140C

Illex squid beaks, roes, gonads and pieces

-

-

-

-64.7%

-53.6%

31.4%

0307.99.00.150F

Illex squid tentacles without beaks or eyes

37

202

5,493

-17.8%

-8.5%

11.3%

0307.99.00.161L

Illex squid clean tubes

0

0

4,000

-47.5%

-23.6%

45.6%

0307.99.00.190U

Other Illex squid

-

-

-

75.5%

140.2%

36.9%

Illex squid total

173

541

3,123

67.20%

92.9%

15.4%

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

Back to index

By Juan Murias

www.fis.com


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