Peruvian squid fishing and sales surged in 2023

Published 2024년 3월 11일

Tridge summary

Peru's squid fishing industry experienced a significant growth in 2023, with a 36% increase in landing volume, reaching 621,852 tons. The majority of the catch was used for frozen products and exported, contributing to a 68.4% growth in the export of frozen squid products. The industry's rapid growth, particularly in exports reaching 439,400 tons and valued at US$832.4 million, has made it the fastest growing sector in Peru’s fishery export industry. The main export markets were China, South Korea, and Spain.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to data released by the Peruvian Ministry of Production, Produce, the Peruvian squid fishing industry showed a strong rebound in 2023 and set a new historical record. At the same time, the total landing volume and sales of squid also increased significantly year-on-year, with the landing volume reaching An astonishing 621,852 tons, compared with 457,364 tons in 2022, a year-on-year increase of 36%. Produce pointed out in a detailed report that Paita, as the core seaport in the region, played a key role in this fishing boom, accounting for 76.6% of the total landings, with a specific volume of 476,400 tons. .This not only highlights the important position of paita in the Peruvian fishery, but also reflects the overall prosperity of the Peruvian squid fishing industry. In addition, according to statistics from the Produce department, the vast majority of squid catches, up to 92.5%, are used to make frozen products to meet the needs of domestic processing plants. ...

Source: Foodmate