Players
Thailand’s top five notable shrimp suppliers:
- Thai Union Group (25% of national market share)
- CP Foods & Industry
- Siam Canadian Group Ltd.
- S&D Marine Products
- Chaivaree Marine Products
Large processors have contractual partnership with farmers and purchase on a spot-basis all year round.
Reported by an ex-Thai Union worker, large manufacturers take in, on average, 100 MT of raw shrimp daily which is processed into 50 MT of ready product.
Can export between 80-100 FCL monthly
Even Thailand’s top manufacturers do not have vertical integration of the full supply chain
Too much resource and cost to directly invest in feedmill, hatcheries, and farms
Small to medium sized processors purchase from brokers or smaller farmers