Peru's Squid Catches Exceed 190,000 Tons, Fishing to Continue

Published May 23, 2025

Tridge summary

Core Tip: In May 2025, the Peruvian Marine Research Institute (IMARPE) announced data showing that the catch of Peruvian giant squid (Dosidicus gigas) had reached the previously set total allowable catch (TAC) limit of 190,000 tons. Subsequently, the Peruvian Ministry of Production (PRODUCE) held an emergency meeting to discuss whether to suspend fishing, ultimately deciding to maintain fishing operations while strengthening real-time resource monitoring and reserving the right to dynamically adjust quotas.

Original content

During the meeting, fishing representatives and regulatory authorities discussed whether to suspend fishing. Fishing representatives pointed out that it is currently the peak production season, and an immediate sea closure would affect employment of workers and export order fulfillment. The regulatory authorities expressed concerns about resource sustainability. The meeting decided to continue fishing operations, but with strengthened monitoring mechanisms, and to assess potential management measure adjustments based on resource conditions. Previously, Peru's squid industry experienced consecutive declines. According to representatives of companies at the Global Seafood Expo, squid fishing in the first quarter of 2025 has somewhat recovered, but large-scale resources remain scarce. Multiple Peruvian processing companies stated that current landed squid sizes are small, primarily exported to the Chinese market in whole fish form. According to on-site company information, current ...

Source: Foodmate