Introduction
The global squid production industry has seen remarkable growth over the past decade, fueled by increasing demand for seafood, culinary diversity, and health-conscious eating habits. Squid, particularly in the form of calamari, is a staple in many cuisines around the world. It is rich in protein, low in fat, and offers numerous health benefits. By 2030, certain countries are expected to dominate squid production due to advancements in aquaculture, fishing technology, and sustainable practices. This report highlights the top 10 countries anticipated to lead in squid production by 2030, along with relevant financial and production data.
1. China
China is currently the largest producer of squid, accounting for approximately 50% of the world’s total squid production. In 2022, China’s squid production reached 1.5 million metric tons, with projections indicating a growth rate of 3% annually, potentially reaching 1.8 million metric tons by 2030. The country’s investment in aquaculture technology and sustainable fishing practices has bolstered its production capabilities. The Chinese market is also expanding due to increasing domestic consumption and export opportunities to countries such as Japan and the United States.
2. Japan
Japan has a long-standing tradition of squid consumption, particularly in the form of sashimi and tempura. In 2022, Japan’s squid production was around 500,000 metric tons. By 2030, it is expected to grow to 600,000 metric tons, driven by advances in fishing technology and aquaculture. The Japanese government is investing in sustainable fishing initiatives to maintain squid populations, ensuring a stable supply for its domestic market and international exports, particularly to Southeast Asia.
3. South Korea
South Korea is known for its vibrant seafood market, and squid is a key component of its culinary culture. In 2022, the country produced approximately 400,000 metric tons of squid. The South Korean squid market is projected to grow steadily, reaching around 500,000 metric tons by 2030. Initiatives promoting aquaculture and sustainable fishing practices are expected to enhance production volumes. The rise of squid-based products in the Korean food industry, such as dried squid snacks, is also contributing to increased demand.
4. Peru
Peru is one of the largest exporters of squid globally, primarily to markets in Europe and Asia. In 2022, Peruvian squid production was about 300,000 metric tons, with expectations to increase to 400,000 metric tons by 2030. The country’s extensive coastline and favorable fishing conditions contribute to its high production levels. The Peruvian government is committed to sustainable fishing practices, which will help maintain squid populations and protect biodiversity. The squid fishery is a crucial sector for the Peruvian economy, generating significant foreign exchange earnings from exports.
5. Spain
Spain is known for its culinary heritage involving squid, particularly in Mediterranean dishes. In 2022, squid production in Spain was around 250,000 metric tons. By 2030, this figure is expected to reach approximately 300,000 metric tons, driven by both domestic consumption and export markets. The Spanish fishing industry is focusing on sustainable practices to ensure long-term viability, and the government is investing in research to enhance squid farming techniques. Spain’s squid market will continue to thrive due to the popularity of seafood in its gastronomy.
6. Indonesia
Indonesia has vast marine resources and is increasingly becoming a significant player in the squid production market. In 2022, squid production was estimated at 200,000 metric tons, with projections suggesting growth to 350,000 metric tons by 2030. The country’s government is promoting sustainable aquaculture practices and investing in infrastructure to support the fishing industry. Additionally, the rise of international seafood demand is expected to open new markets for Indonesian squid.
7. Thailand
Thailand is renowned for its seafood exports, including squid. In 2022, the country produced approximately 180,000 metric tons of squid, with predictions indicating an increase to 240,000 metric tons by 2030. The Thai government is investing in aquaculture and sustainable fishing initiatives to enhance production. Moreover, the popularity of Thai cuisine globally is expected to drive demand for squid products, boosting both domestic and export markets.
8. Chile
Chile is rapidly emerging as a key producer of squid, particularly in the Southern Hemisphere. In 2022, squid production was around 150,000 metric tons, with expectations to reach 200,000 metric tons by 2030. The Chilean government is focusing on sustainable fishing practices, which is crucial for maintaining squid populations and ensuring long-term production. Chilean squid is increasingly popular in international markets, particularly in Asia and Europe.
9. Mexico
Mexico’s squid production has been growing steadily, with an estimated output of 120,000 metric tons in 2022. By 2030, production is projected to reach 180,000 metric tons. The Mexican government is supporting the fishing industry through sustainable practices and investments in aquaculture. The country’s proximity to major markets in the United States and Asia provides significant export opportunities for Mexican squid products.
10. Russia
Russia, with its vast marine resources, is expected to play a larger role in squid production in the coming years. In 2022, the country produced approximately 100,000 metric tons of squid, with projections indicating growth to 150,000 metric tons by 2030. The Russian government is investing in modern fishing technologies and sustainable practices to enhance production. Additionally, the country’s strategic location allows for access to both Asian and European markets for squid exports.
Conclusion
The global squid production industry is poised for significant growth over the next decade, with the top 10 countries leading the charge. China, Japan, and South Korea are expected to maintain their dominance due to their established fishing practices and strong domestic markets. Meanwhile, emerging players like Indonesia, Peru, and Chile are becoming increasingly important due to their sustainable aquaculture initiatives and growing export opportunities. By 2030, the squid production landscape will be shaped by advancements in technology, sustainable practices, and changing consumer preferences, making it a key sector in the global seafood market.
[Read More: The Global Squid and Calamari Industry in 2025: Market Trends, Challenges, and Future Outlook]