In the 32nd week, global shrimp prices remained stagnant, impacted by U.S. tariffs, while Indian shrimp prices fell sharply.

Published 2025년 8월 6일

Tridge summary

Core tip: Over the past week, U.S. tariffs have largely been implemented, with India shrimp facing tariffs as high as 25%, and Ecuador's rate rising from 10% to 15%. Affected by the tariff impact, the ex-factory price of Indian South American white shrimp has significantly dropped, and Ecuador is also facing considerable downward pressure; meanwhile, production areas in Vietnam, Indonesia, and Thailand are gradually beginning to adapt to U.S. tariffs, with prices fluctuating.

Original content

Ecuador's price increase lacks momentum After several weeks of rising prices, Ecuadorian shrimp prices have shown some stagnation in the last two weeks; raw material prices remain higher than two years ago, and overseas markets are evidently unwilling to pay for this round of price increases. Processors are raising costs to compete for raw materials, and some exporters report that processing plants are operating at a loss. Ecuador is still facing low temperature issues, resulting in lower production; processing plants have a significant overcapacity, as evidenced by May's export volume. According to the Ecuadorian Association, the total monthly production capacity (calculated in terms of raw shrimp equivalent) for shrimp processing in 2025 exceeded 180,000 tons (400 million pounds), equivalent to 2 million tons per year. Meanwhile, Ecuadorian processors' hopes for sustained price increases in the Chinese market have largely been dashed. The increase in spot prices in China's ...

Source: Foodmate