Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us

Photo: Stockfile/FIS

China's squid and cuttlefish imports increased by more than 50% in the first eight months, but exports declined

Click on the flag for more information about China CHINA
Friday, September 29, 2023, 07:00 (GMT + 9)

August trade data

A total of 31,500 tons of squid and cuttlefish were imported in August, worth 707 million yuan (U$D 96.70M) . Compared with 29,400 tons and 620 million yuan (U$D 84.80M) in the same period last year, the import volume increased by 6.92%, and the import value increased by 14.04%.

The import of squid products is mainly affected by the catch of the squid production season. The import volume in August decreased by 30.86% month-on-month compared with July, and the import value decreased by 20.06% month-on-month.

Exports are also on a downward trend. In August, export volume fell by 14.55% year-on-year to 37,700 tons, and export value fell by 17.35% year-on-year to 1.873 billion yuan (U$D 256M). Compared with the previous month, export volume and export value also decreased by 10.06% and 7.27% respectively.

Trade data for the first eight months

In the first eight months of this year, China has imported a total of 339,200 tons of squid and cuttlefish, worth 6.225 billion yuan (U$D 851M), an increase of 51.28% and 50.88% respectively compared with the same period last year. Although Argentinian squid production has declined this year, Peruvian giant squid production has increased. Considering that the epidemic last year had a certain impact on squid imports, squid imports have increased significantly this year.

The total export volume of squid and cuttlefish from January to August was 335,600 tons, a year-on-year decrease of 15.56%; the total export volume was 16.703 billion (U$D 2.285M), a year-on-year decrease of 22.18%.

Compared with last year, imports increased by more than 50%, while exports showed a downward trend, indicating that domestic squid consumption recovered rapidly after the epidemic was relaxed.

Product structure

It can be seen from the product structure that my country mainly imports frozen cuttlefish and squid (accounting for 85% of the import value), processes them into high-value squid and cuttlefish products (accounting for 52% of the export value) or directly exports them abroad.

Source: Zhejiang Zhoushan International Agricultural Products Trade Center (translated from original in chinese)

[email protected]


Click to know how to advertise in FIS
Dec 7, 22:00 (GMT + 9):
IN BRIEF - Galicia and Mozambique study new ways of fishing collaboration
Dec 7, 07:10 (GMT + 9):
Market situation for Norwegian cod (fresh, frozen, farmed...)
Dec 7, 07:00 (GMT + 9):
House adopts reso condemning China's illegal activities in WPS (West Philippine Sea)
Dec 7, 07:00 (GMT + 9):
New funding to benefit aquaculture industry - Cooke Aquaculture
United States
Dec 7, 07:00 (GMT + 9):
National Fisheries Institute Partners with Global Shrimp Council
Viet Nam
Dec 7, 07:00 (GMT + 9):
There is still ample room for shrimp exports to the Middle East
South Korea
Dec 7, 07:00 (GMT + 9):
Korea's seafood imports decrease by 18% compared to 2022
Russian Federation
Dec 7, 07:00 (GMT + 9):
Fishing Situation Review as of December 3, 2023
United Kingdom
Dec 7, 07:00 (GMT + 9):
Pioneering research method reveals bluefin tuna’s fate
Dec 7, 01:00 (GMT + 9):
Fish Pool Salmon Price Status Report for week 49
Dec 7, 00:50 (GMT + 9):
Statistics │ Export │Atlantic salmon: fresh and frozen │ week 47
Dec 6, 18:00 (GMT + 9):
IN BRIEF - Chilean scientists investigate the diet of Antarctic cod (black hake)
Dec 6, 07:10 (GMT + 9):
Market situation for Norwegian salmon and trout
Dec 6, 07:00 (GMT + 9):
IN BRIEF - EU provides funds to Cambodia to reform the fisheries sector
Dec 6, 07:00 (GMT + 9):
Japan's seafood exports to China continue to slump amid ban

Salmon farming companies settle class-action lawsuit alleging global price-fixing scheme
Canada The following is an excerpt from an article published by CBC Radio Canada: 7 companies, including N.L.'s Mowi and Grieg, to pay more than $5M to big salmon buyers Source: Sjor Seven companies acc...
Increased Catch and Reduced Bottom Impact with New Trawl Gear
Norway A new trawl gear concept gave 20-40% more catch than standard rock hoppers. The gear is also designed to be gentler on the seabed, which can help the industry towards an even more efficient and enviro...
The Norwegian Pelagic Fishing Course in Week 48
Norway Herring fishing in the north with good luck, and better collection of North Sea herring. NVG herring: As expected, there was a modest quantity with a total of 7,800 tonnes for the whole week. Apar...
Brazilian tilapia market
Brazil Super grains harvest and weather patterns influence the market Amid a bumper harvest of grains this year, tilapia farmers and natives turn their attention to the delicate balance between su...

Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2023 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER