Peru: Why has squid gone up in price?

Published 2024년 9월 22일

Tridge summary

A significant price increase of up to 400% for squid, a staple food in Peru, has been reported, with prices reaching S/26 per kilo due to a 70% drop in squid catch caused by a sudden sea cooling. This has sparked concerns among families and artisanal fishermen. The Vice Minister of Fisheries and Aquaculture, Jesús Barrientos, has suggested consuming alternative seafood like machete, hake, bonito, mackerel, and anchovy as a way to mitigate the impact of the squid shortage. Despite the decline in squid, anchovy resources have shown positive growth, offering a potential offset to the reduction in fishing production.

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Original content

The price of squid, a staple food in Peruvian homes, has experienced a significant increase, reaching up to S/26 per kilo, which represents an increase of up to 400% compared to its usual price of S/2 to S/6. This increase has caused concern among both families and artisanal fishermen. Luis Alfredo Icochea, professor at the National Agrarian University La Molina, explained that the drop in squid catch, which between January and June 2024 has been 70% lower than the previous year, is due to a sudden cooling of the sea. This has affected the abundance of the species on the Peruvian coasts. Read also: Jesús Barrientos, Vice Minister of Fisheries and Aquaculture of the Ministry of Production (Produce), commented in an interview with RPP that weather conditions have affected squid extraction. However, he pointed out that it is necessary to “seek alternatives” such as machete, hake, bonito, mackerel and anchovy, which could replace squid on the Peruvian table. Barrientos mentioned that ...

Source: Apnoticias