Demand for imported Peruvian squid is strong, and prices may rise in September.

China remains the largest buyer China continues to be the largest purchasing country for Peruvian squid. Data shows that from January to June 2025, Peru exported a total of 183,000 tons of squid raw products (HS code 030743), of which 104,000 tons were exported to China, accounting for 57.18%. According to Chinese customs data, in July 2025, China imported 77,500 tons of squid and octopus products, a year-on-year increase of 106%; the import value reached 279 million US dollars, a year-on-year increase of 148%. Among them, Peru is China's largest supplier, exporting 42,200 tons to China that month, with a value of 147 million US dollars. Chinese market price changes Affected by fluctuations in the supply side, China's domestic squid wholesale prices remained low in August but saw a small increase at the beginning of September. According to data statistics, in the 36th week (September 1-7), the port transaction price for 1-2 kg Peruvian giant squid was approximately 16,400 ...