Prices for large-sized white shrimp in Ecuador's Guayas Province have seen a significant increase, rising by $0.50/kg on average, with variations depending on the shrimp size. This price hike aligns with the Qingdao Fishery Expo and is expected to persist due to growing demand, high raw material costs, and supply issues in Thailand. India also reports rising shrimp prices in Andhra Pradesh, with the trend expected to continue. Vietnam sees its shrimp prices surpassing Thailand's, due to climate change and supply issues, whereas Indonesia's prices are decreasing. The global market for farmed South American white shrimp is experiencing steady growth, with India's production expected to hit a nearly four-year low by July 2023.