See you at Booth 2647-3, March 16-18, 2025 in Boston, USA, Seafood Expo North America 2025

According to Official Technical Report No. 20/2025 issued by Argentina's National Institute for Fisheries Research and Development (INIDEP) on May 9, as of May 8 (Week 19), the cumulative nationwide squid landings in Argentina had reached 147,929 tons, while the total volume actually recorded at ports has surpassed the milestone of 150,000 tons. This figure not only matches recent high levels but also suggests the potential to set the strongest fishing record of the past decade.

The 2024 season elver season is coming to a close, but with the end of the season comes an important change in the eel market: Prices continue to be bullish. The past fishing season saw a significant decline in elver catches in East Asia, which has had a profound impact on the eel market.

The European Union formally confirmed on Monday that it will exclude Russian and Belarusian fishery products from the next version of its autonomous tariff quota (ATQ) scheme, which will come into force in January, including Russian-origin fish products processed in China. The proposals were first made in September and the current ATQ scheme expires on 31 December. The council unanimously set quotas for 2024, 2025 and 2026 for certain fish products on 27 November.

The gigas squid stocks are experiencing significant depletion, leading to a pronounced increase in price levels. From January to August of this year, the prices of gigas squid have remained elevated, with the annual average price reflecting an increase of nearly 62% points compared to the same period in the previous year. Notably, during the first week of June, Peru initiated the harvesting of smaller squid varieties, which were priced lower; however, the overall trend for squid prices in Peru has been upward. Particularly striking is the remarkable surge in prices observed in the first week of September, where the current weekly average price has reached 10,750 soles per tonne, marking the highest price level seen in nearly three years.

On April 23rd, Seafood Expo Global/Seafood Processing Global (hereinafter referred to as SEG & SPG, Seafood Expo Global/Seafood Processing Global, hereinafter referred to as "Barcelona Global Aquafood Expo 2024") opened its doors at the Barcelona Exhibition and Convention Center in Barcelona, Spain. (hereinafter referred to as "Barcelona Global Aquafood Expo 2024") was grandly opened at the Barcelona Exhibition Center!