China’s shrimp imports in October 2024 recorded a 13% year-on-year drop

Published 2024년 11월 28일

Tridge summary

China's shrimp imports in October 2024 fell by 13% year over year, but the volume increased by 6% compared to September 2024. The total imports for the year are 11% behind 2023, and it is projected that the year total will drop by around 10%, bringing the year total in 2024 to approximately 890,000-900,000 MT. Ecuador's imports dropped by 4% year over year in October 2024, and the year total is behind by 7%. India's imports dropped heavily, with a decrease of 42% year over year in October, and the year total is now 6% behind. Argentina's imports increased by 20% year over year in October, but still need to catch up by 48% when considering the year total.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

China’s shrimp imports in October 2024 record 13% YoY drop. Year total 11% behind 2023. China’s shrimp imports in October 2024 recorded a drop of 13% year over year, but the volume is up by 6% compared to September 2024. Last year, imports followed a downward trend from September onwards; if this year’s trend continues upward, we might see a year-over-year increase next month. The year total is now 11% behind 2023. Most likely, at the end of the year we will see a drop of around 10% year over year, bringing the year total in 2024 to around 890,000-900,000 MT. Suppliers: Ecuador: Imports from Ecuador dropped 4% year over year in October 2024, a slight increase of 5% compared to September 2024. The year total is now behind 7% year over year. If this trend continues, the year total will likely end up with imports of around 650,000 MT. India: Imports from India dropped heavily once again. After a drop of 48% year over year in September, imports fell 42% year over year in October. ...

Source: Fish Focus