Argentinian shrimp prices plummet, bumper harvest and low-priced white shrimp hit the market

게시됨 2024년 1월 18일

Tridge 요약

The Argentine shrimp industry is facing challenges due to declining prices, largely because of abundant catches and competition from low-priced farmed white shrimp. Inflation in Argentina has also led to rising production costs, further impacting the industry's profitability. Additionally, the industry must contend with competitive pressures from the low price of farmed shrimp in the international market, particularly in key export markets like China.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

The Argentine shrimp industry is currently facing a challenging period. Argentine shrimp prices have experienced significant declines due to abundant catches and the impact of large quantities of low-priced farmed white shrimp (vannamei shrimp) on the market. According to UCN, while larger wild shrimp prices have remained stable, prices for smaller sizes (from L2 and smaller) have fallen to about $5.25 to $5.50 per kilogram FOB (free on board), with some quotes even Lower. Production costs in Argentina have risen sharply since 2022 due to inflation. In December 2023, the country's annual inflation rate reached 211.4%, according to the country's statistics office. Data from UCN show that Argentine shrimp prices fell sharply in the last months of 2023, although the decline was relatively small for the L1 size (10-20). Sources explained that the abundance of Argentine shrimp in the current inshore fishing season, mostly Landed shrimp are processed on land and are one of the ...

출처: Foodmate