Global demand pushes up Argentine squid prices, with China becoming the main driver

Catch and Export Data: Significant Growth Momentum The main Argentine squid fishing season has ended in August 2024. According to data from the Argentine Ministry of Agriculture, Livestock and Fisheries, the fishing volume this year is concentrated in the first half of the year, with February being the peak fishing period, reaching 50,224.8 tons. The total squid in 2024 The catch was 153,785.8 tons, an increase of 0.33% compared with 2023. At the same time, Argentine squid exports are also showing a growth trend. According to GTT data, exports from January to September 2024 reached 142,993 tons, an increase of 2.9% over the same period in 2023. China is the largest export market, accounting for total exports 31%; followed by South Korea (17%) and Singapore (13%). The proportion of exports to the European market (including the EU and the United Kingdom) is 13%, of which Spain is the main destination, accounting for 51% of the European market exports. Equivalent to 6.8% of global ...