China: Imported shrimp market continued to decline in September, with imports down 11% in the first three quarters

Published 2024년 10월 28일

Tridge summary

In September, imports of warm-water shrimp decreased by 24% in volume and 26% in value year-on-year, totaling 66,149 tons and about $327 million, respectively. Ecuadorian white shrimp, making up 75% of imports, saw a 12% decrease. Indian shrimp imports also declined significantly, followed by a notable decrease in Indonesian shrimp imports. From January to September, warm-water shrimp imports experienced an 11% decrease in volume and a 22% decrease in value, with Ecuadorian imports also seeing a 7% decrease in volume. However, Venezuelan white shrimp imports increased by 22% in volume but decreased in average price by 2%.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Customs data showed that my country imported 66,149 tons of warm-water shrimp in September, down 24% year-on-year, and the import value was about 327 million, down 26%. Among them, Ecuadorian white shrimp accounted for 75% of the import volume, with a volume of 49,956 tons, down 12% year-on-year. The average import price fell 2% to $4.55/kg. India ranked second, with an import volume of 9,505 tons, a sharp drop of 48% year-on-year, and a 49% drop in import value to $50 million. The decline in Indonesian shrimp imports was very significant, down 80% year-on-year to 465 tons in September, and the average price rose 39% to $7.85/kg. Venezuelan white shrimp Import volume increased by 22% to 296 tons, and the average price fell by 2% to $4.95/kg. From January to September, the cumulative import volume of warm water shrimp reached 676,318 tons, a year-on-year decrease of 11%, and the import value was US$3.28 billion, a year-on-year decrease of 22%, and the average price fell by 12% to ...
Source: Foodmate

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