Introduction Giant squid (Peruvian squid) ranks as the world’s highest-yield cephalopod and serves as the core imported raw material for China’s frozen seafood processing, catering ingredients and ready-to-eat squid product sectors. As of June 2026, new regulatory adjustments proposed by Peru and Chile—the two major producing nations—have sparked widespread concern among global seafood buyers. Domestic squid processing plants and import traders that rely heavily on South Amer

Vannamei shrimp (Whiteleg shrimp, scientific name Penaeus vannamei) is the most-traded frozen shrimp species in the world. This guide is built for B2B buyers who need to verify what they're actually getting — glazing levels, water uptake, size grading, color, and the four spec sheets no shipment should ship without. Why this matters more than price per kilo If you've been importing frozen peeled and deveined shrimp (PD) for any length of time, you already know the market is f

Norway’s mackerel exports remain sluggish, yet prices have failed to see any meaningful pullback. Week 23 data from the Norwegian Seafood Council shows weekly exports of whole frozen mackerel stood at 1,117 tonnes, roughly flat year-on-year. However, against a backdrop of drastically reduced available quotas for Norwegian mackerel this year, circulating supplies in the market stay tight. The FOB border price for whole frozen mackerel under 600 grams fell 12.4% week-on-week to

Navigate China's frozen squid market in 2026. Learn species differences, grade standards, IQF vs block frozen, and how export-import shifts affect sourcing decisions. What Makes Chinese Frozen Squid a Global Staple? China is one of the world's largest processors and traders of frozen squid. In 2025 alone, the country handled hundreds of thousands of tons of squid products, serving markets from Southeast Asia to Europe and the Americas. But 2026 has brought a sharp reversal. E

The 2026 fishing season for giant squid in Peru is drawing to a close as the annual fishing quota is nearly exhausted. The market is seeing a distinctive trend: dwindling remaining quotas, a short-term rebound in catches, and a consequent drop in prices. Quoted prices for raw squid materials and finished products have adjusted divergently both domestically and internationally. Based on the latest data from Peru's Ministry of Production and real-time market quotations, this ar

Prices of block-frozen PBO pollock fillets and surimi have climbed back to elevated levels, yet market participants do not expect a repeat of the sharp price slump seen in 2023. On June 8, Rasmus Soerensen, Chief Commercial Officer at American Seafoods Group, the largest offshore pollock processor in the United States, stated that the drivers behind the current price rally differ from those in 2022 and 2023, with notable shifts in inventories, market demand and the flow of Ru

Pursuant to the latest ruling by Russia’s Federal Agency for Fisheries (Rosrybolovstvo), most fishing quotas held by Far Eastern fishery firm Dalrybprom have been officially revoked. Russian regulators ruled that the company is under de facto South Korean capital control and its awarded fishery resource quotas contravene provisions under Russian law. The ruling covers multiple key fishing grounds across Russia’s Russian Far East, including 26 percent of the Pacific cod quota

Norwegian fisheries authorities confirmed last week a drastic reduction in the 2026 total allowable catch (TAC) for Atlantic mackerel, setting the quota at just 81,375 metric tons—a staggering 51% drop compared to the previous year. The unprecedented cut has sent ripples across the global seafood market, triggering warnings of supply shortages, surging raw material costs, and urgent shifts in sourcing strategies for processors worldwide. Industry insiders in Norway are bracin

According to the latest customs data, China's shrimp exports saw a robust rebound in the first four months of 2026. The export volume in April exceeded the pre-Spring Festival figure, marking a much faster recovery compared with previous years and emerging as a highlight in the aquatic product foreign trade sector. I. Overall Export Performance: Peeled Shrimp Remains the Mainstay of Warm-water Shrimp Exports From January to April 2026, China exported a total of 11,403 tons of

Vietnam's aquatic product foreign trade saw another star category in 2024. Scallop exports registered explosive growth with a remarkable year-on-year increase. Scallops have become Vietnam's third-largest exported mollusk after clams and snails, and the country is rapidly expanding its share in the global shellfish market. I. Soaring Export Figures: Monthly Volume Skyrockets 17 Times Year-on-Year Driven by strong global market demand, Vietnam delivered an outstanding performa

Vietnam’s squid and octopus exports rebounded strongly at the start of 2026. In the first two months, total export value exceeded USD 111 million, up 23% year-on-year. A surge in China-bound shipments was the key driver; Asian demand lifted overall volumes, while Europe remained weak—creating a clear “strong East, weak West” pattern. 1. China-Bound Exports Explode: +85% YoY, Standout Market January–February 2026 shipments of Vietnamese squid and octopus to China jumped over 8

In the final week of May 2026, the U.S. Atlantic scallop market saw sharp structural divergence: medium-sized supplies surged and prices retreated, while large sizes remained scarce with prices skyrocketing. The global supply chain adjusted accordingly, with Japanese scallops holding firm at high prices and Peruvian supplies filling mid-tier demand. Tight supply for premium sizes will persist through summer. 1. U.S. Domestic Market: Medium Sizes Pull Back, Large Sizes Hard to

In mid-May 2026, China's offshore squid market entered a phase of volatile adjustment. Prices varied sharply across different sea areas and product sizes, with the gaps continuing to widen. Based on the latest import figures and market conditions in producing regions, the sector is marked by declining imports, tightening supply, sluggish demand and widespread wait-and-see sentiment. Details are as follows. 1. Overall Market: Year-on-Year Import Decline, Stalemate Between Supp