Vietnam: China's shrimp imports still down double digits

게시됨 2024년 8월 27일

Tridge 요약

China's imports of frozen warmwater shrimp have seen a significant decrease in the first half of 2024, with a 11% drop in volume and 23% drop in value year-on-year. The average import price also fell by 12%. Ecuador was the largest supplier, but there were increases in imports from India and Venezuela. Other major suppliers, including Thailand, Argentina, Saudi Arabia, Peru, Indonesia, and Malaysia, also saw declines. However, the Vietnam Association of Seafood Exporters and Producers (VASEP) reported a recovery in Vietnam's shrimp exports to China in July, with an 18% increase compared to the same period last year, due to Ecuador's shipments being rejected by China. VASEP anticipates an increase in China's shrimp import demand from the third quarter, serving the National Day and Mid-Autumn Festival period.

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원본 콘텐츠

China's imports of frozen warmwater shrimp are still down by double digits after the first half of 2024, as the market struggles with falling demand and prices, according to Undercurrent News. In the first seven months of this year, shrimp imports fell 11% in volume and 23% in value year-on-year to 529,116t, worth $2.5bn, according to Chinese customs. The decline accelerated in July, with volume down 8% and value down 18%. Specifically, China imported 82,347t of frozen shrimp worth $396m last month. The average import price fell 12% year-on-year to $4.81 per kilogram. Ecuador remained China's largest shrimp supplier in the first seven months of the year, with 390,963 tonnes worth $1.7 billion, down 8% in volume and 22% in value. Average unit prices fell 15% to $4.51/kg. India and Venezuela were rare bright spots, with India's import volume up 11% and Venezuela's volume soaring 33%. But even with double-digit growth in volume, import value from these two markets was only 1% and ...

출처: Vinanet