Argentine Squid Catches Soar by 62.5%
In a remarkable turn of events for the seafood industry, Argentina has seen a staggering 62.5% increase in its squid catch compared to the previous year. This impressive surge in productivity is revealed in a recent technical report from the Argentine INIDEP cephalopod research team, covering the period up to May 6th, 2024.
The report highlights that the daily average catch has skyrocketed from 16 tons in 2023 to a remarkable 24 tons in the current season. This substantial increase showcases the remarkable stability and resilience of the Argentine squid fishery.
Delving deeper into the data, the researchers note that the current fishing season has been exceptionally bountiful. The fleet's daily average output has jumped by 50%, while the total catch has surged by an astounding 62.5%. This remarkable achievement has been attained through the steady operations of a fleet of 70 fishing vessels.
The research team has meticulously analyzed the catch data, biological samples, and operational area information of the Argentine squid fishing fleet. They have estimated the number of vessels operating both within the exclusive economic zone and in the disputed waters with the United Kingdom.
The data reveals that as of April 22nd, the cumulative catch has reached 108,861 tons, with a daily average of 24 tons. Notably, 96% of the fishing activity has been concentrated in the management area south of latitude 44°S.
Comparing this to the previous year, the INIDEP's technical report submitted on April 10th had summarized the catch situation for the first 15 weeks. The current data shows that with the same number of vessels, both the number of voyages and fishing days have increased by 10%. The daily average production was 16 tons at the time, with a total catch of 63,553 tons.
The report further highlights that the fishing activities in the area north of latitude 44°S have gradually commenced since April 5th. As of last month's cutoff date of April 22nd, a total of 50 vessels have been operating in the external waters south of latitude 40°S, collectively catching 4,535 tons of squid, with a daily average of 21 tons.
Moreover, the trawl fleet has managed to capture 20,622 tons of squid, with 96% of the catch originating from the region south of latitude 44°S. In comparison, the catch in the same period last year was only 7,685 tons.
The researchers have also estimated that during the 15th week, there were up to 213 vessels operating in the vicinity of the southern management unit's exclusive economic zone, primarily concentrated in the 4660 and 4760 areas.
In the region north of latitude 44°S, 12 foreign vessels were observed operating in the 4157 and 4258 areas during the same period. Additionally, an estimated 103 foreign vessels were engaged in fishing activities in the disputed waters of the 5058 area.
To further understand the catch situation in the northern management unit, the cephalopod project research team has processed information collected by fisheries research assistants during two at-sea sampling trips, gathering a total of 20 samples encompassing 2,995 individuals.
The analysis reveals that the captured squid have an average body length of 23.5 cm and a weight of 250 grams, which is an improvement over the size records at the start of the northern unit's operations. The researchers have also determined that these squid are mostly immature individuals belonging to the population ranging from Patagonia to the northern Buenos Aires region.
This remarkable surge in Argentine squid catches is undoubtedly a testament to the resilience and adaptability of the country's fisheries industry. As the world's appetite for seafood continues to grow, this development holds promising implications for both the local economy and the global seafood supply chain.
2026-08-18
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Sekisui Specialty Chemicals Has Announced a Global Price Increase
-
German Chemical Industry Output Slumps to Lowest Utilization Rate Since 1991
-
Kemira to Acquire Water Engineering for USD 150 Million
-
Sumitomo Chemical Launches Pilot Plant for Ethanol-to-Propylene Process
-
Honeywell Acquires Johnson Matthey Catalyst Business at a Discount, Cutting £475 Million from the Price
-
End of an Era: KDC/One to Close 150-Year-Old Somerset Cosmetics Factory as Production Shifts to Scotland
-
Echoes of Overcapacity: The Structural Anxiety of China’s EVA Industry Chain
-
The Cold Cycle: PVC Market’s Chill and Faint Light Ahead
-
Minoxidil Safety Under Global Review as Infant Exposure Risks Surface
-
Substandard Drug Findings Expose Deep Structural Gaps in Medicine Quality Control
Recommend Reading
-
Iran Closes Strait of Hormuz to All Vessels: Global Chemical Trade Gets Choked
-
U.S. Chemical Companies Are Benefiting from This Feedstock Shock
-
Chemours Sells Its Former Titanium Dioxide Site in Taiwan: Turning a “White Powder” Factory into “Wind Power Real Estate” for $360 Million—Buying Not Cash, But Breathing Room
-
The “Counter-Wind Ledger” of CHF 11.2 Billion: Sika Barely Grew in 2025—Yet Kept Taking Market Share
-
Strait of Hormuz Reopens, Oil Prices Plunge: Is the Chemical Price Rally Over?
-
This Week, Domestic Petrocoke Prices in China See a Slight Increase
-
This Week's PVC Market Continues to Rise (3.2-3.5) in China
-
Multiple Positive Factors Support a Rise in the Butadiene Market
-
Weak Consolidation in China's Urea Market (8.10-8.17)
-
This week, China's 180CST fuel oil market first rose then fell