Peru Squid Fishing Resumes: Market Impact Analysis

The Peruvian government has announced the resumption of fishing for the giant squid species (*Dosidicus gigas*), a move expected to significantly influence global market dynamics. This decision, rooted in scientific assessments, aims to balance ecological sustainability with the economic needs of local fishermen. However, industry analysts caution that this could intensify existing market pressures, particularly affecting prices.

Key Decision: Resumption of Giant Squid Fishing

Policy Update📜

Effective from November 22, 2025

The Peruvian Ministry of Production has reopened fishing for Dosidicus gigas, marking the 7th quota adjustment of 2025. This decision was based on scientific data from IMARPE, aiming to balance resource sustainability and fisher livelihoods.

Policy Details and Context

Annual Catch Volume

The actual annual catch has already exceeded 620,000 metric tons , surpassing the initial quota of 609,000 metric tons.

Additional Quota

A special 38,600 metric ton additional quota was allocated to support small-scale fishermen.

Market Implications and Risks

Market Outlook📉

Potential Price Decline

Industry experts warn that the increased supply, combined with weak demand from major buyers like China, may lead to further price declines in the short term.

The policy change introduces new risks to the market:

• Resource Pressure: Continuous high-intensity fishing may increase pressure on future squid resources and potentially cause fluctuations.

• Inventory and Export Issues: Some domestic factories in Peru still face challenges with inventory accumulation and weak exports, which could be exacerbated by the new policy.

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"The sea's bounty is vast, but its rhythms must be respected. This policy shift is a delicate dance between economic needs and ecological balance."