Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
   


Zhejiang Zhoushan International Agricultural Products Trade Center

Squid and cuttlefish imports increased significantly in October, while exports continued to decline

Click on the flag for more information about China CHINA
Tuesday, November 28, 2023, 07:00 (GMT + 9)

According to data from the General Administration of Customs, Chinese imports of squid and cuttlefish increased significantly in October, but exports continued a downward trend and consumption of squid and cuttlefish products in the domestic market gradually increased.

October trade data

A total of 34,800 tons of squid and cuttlefish products were imported in October, worth 810 million yuan, an increase of 54.88% and 69.40% respectively from the 22,500 tons and 478 million yuan in the same period last year. Compared with September, imports in October also increased significantly, with import volume and import value increasing by 12.58% and 12.66% respectively.

As the holidays approach, domestic consumer market demand increases, and more squid and cuttlefish products enter the Chinese market.

Import data for squid and cuttlefish from January to October 2023 (click image to enlarge it)

In terms of exports, the downward trend in previous months continued. In October, export volume fell by 15.08% to 36,400 tons, and export value fell by 23.08% to 1.646 billion yuan.

Compared with September, the export of squid and cuttlefish also dropped significantly, with export volume decreasing by 6.30% month-on-month and export value decreasing by 11.01% month-on-month.

Squid and cuttlefish export data from January to October 2023 (click image to enlarge it)

Trade data from January to October

In the first 10 months of this year, my country has imported a total of 387,400 tons of squid and cuttlefish, worth 7.768 billion yuan, an increase of 44.26% and 52.59% respectively compared with the same period last year. This is mainly due to the increase in production of Southeast Pacific squid, China's main imported squid product type, and also indicates an increase in squid prices.

The total export volume of squid and cuttlefish from January to October was 410,600 tons, a year-on-year decrease of 15.08%; the total export volume was 20.178 billion, a year-on-year decrease of 21.71%.

As the New Year holiday approaches, the demand for squid in the domestic market increases. This year, imports are expected to increase and exports will decrease.

Product structure

China is the main squid and cuttlefish processing country. It can be seen from the product structure that my country mainly imports frozen cuttlefish and squid (accounting for 89% of the import value), and exports mainly made or preserved squid and cuttlefish products (accounting for 48% of the export value), frozen squid and cuttlefish (accounting for 48% of the export value) 50% of export volume).

Main market

In terms of the import market, in terms of value, the largest source of squid and cuttlefish products in October was Indonesia, which imported a total of 8003.90 tons worth 258.3025 million yuan; followed by Peru, with an import volume and import value of 5220.99 tons and 96.7878 million yuan respectively; India Ranked third, with an import volume of 5724.77 tons and an import value of 92.2692 million yuan.

In terms of export value, Thailand, Japan and South Korea are the main export destinations of squid and cuttlefish products in October. Thailand purchased a total of 3,651.74 tons of squid and cuttlefish, worth 258.8596 million yuan. The products exported to Thailand were mainly prepared or preserved cuttlefish and squid.

In terms of quantity, Japan ranks first with an import volume of 6,819.70 tons, but the import value is only 258.8596 million yuan. The products exported to Japan are mainly prepared or preserved cuttlefish and squid, and other frozen cuttlefish and squid.

Products imported from South Korea mainly include prepared or preserved cuttlefish and squid, and other frozen cuttlefish and squid. The import volume was 4554.88 tons, and the export value was 181.7088 million yuan.

Source: Zhejiang Zhoushan International Agricultural Products Trade Center (translated from original in cihnese)

[email protected]
www.seafood.media


 Print


Click to know how to advertise in FIS
MORE NEWS
Japan
Feb 28, 10:00 (GMT + 9):
IN BRIEF - Japan Eyes Tighter Bluefin Tuna Catch Management
United States
Feb 28, 07:20 (GMT + 9):
NaturalShrimp, Inc. Files International Patent Applications
United Kingdom
Feb 28, 07:00 (GMT + 9):
Salmon Scotland ask electronic system for UK exporters
Worldwide
Feb 28, 07:00 (GMT + 9):
MSC Price Announcement – From India & Pakistan To Europe
Russian Federation
Feb 28, 07:00 (GMT + 9):
Fishing Catches in the Okhotsk and Bering Seas
Viet Nam
Feb 28, 07:00 (GMT + 9):
Brazil Bans Import of Vietnamese Tilapia: Impact on Businesses
United Kingdom
Feb 28, 07:00 (GMT + 9):
IMO agrees new guidance on key environmental issues
United States
Feb 28, 07:00 (GMT + 9):
Marine Protected Areas must be flexible and responsive – not absolute: study
Japan
Feb 28, 06:50 (GMT + 9):
IN BRIEF - Domestic supply of farmed yellowtail decreased by 15% to 85,000 tons
Viet Nam
Feb 28, 05:30 (GMT + 9):
IN BRIEF - VASEP Infographic: Vietnam's seafood exports in January 2024
Russian Federation
Feb 28, 05:00 (GMT + 9):
IN BRIEF - Putin signed a law accelerating the receipt of tax deductions for fishermen
South Korea
Feb 28, 01:00 (GMT + 9):
IN BRIEF - Octopus import amount in January decreased by 37%
United States
Feb 28, 01:00 (GMT + 9):
Seafood Expo North America Announces 2024 Seafood Excellence Awards Finalists
Sri Lanka
Feb 28, 01:00 (GMT + 9):
FAO sets target of 35% growth in aquaculture production by 2030
Spain
Feb 27, 22:40 (GMT + 9):
IN BRIEF - Dutch mussel producers visit the Ría de Arousa with Opmega



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Statistics │ Export │Salmon fillets │ USA, Canada, Germany, France, Netherlands and Japan │ 2022-23
China Source: FIS by SeafoodMediaGroup  | Click to enlarge it    [email protected] www.seafood.media...
Japan diversifying seafood export destinations after China ban
Japan Faced with China's ban on Japanese marine product imports, sparked by the release of treated water from the crippled Fukushima nuclear plant, Japan's fisheries industry has been casting a wider net, s...
The Chinese fleet in South American waters, a challenge for sustainability and sovereignty
Argentina The following is an excerpt from an article published by Infobae: Redacción América - The invasive fishing methods of the powerful Chinese fleet that fishes in international waters...
Russia to Subsidize Rail Transport for Salmon and Sardines
Russia Fed. Russian President Vladimir Putin instructed the Government of the Russian Federation to make a decision by April 15 on providing subsidies from the federal budget for rail transportation of salmon spe...
 

Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2024 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER