Data shows that the average import price of shelled shrimp in October was 5.39 USD/kg, up 0.1 USD/kg from September and significantly stronger compared to the same period last year. The import volume of shrimp meat increased by 5% year-on-year, but the average price fell to 6.61 USD/kg, indicating that the mid-to-high-end consumer market is still in an adjustment phase.
In terms of the origin structure, Ecuador still dominates China's import of warm-water shrimp, accounting for about 71%; India follows closely, accounting for 20%, continuing to rise from the previous month. Other major sources include Thailand, Saudi Arabia, and Argentina.
Ecuador's shipments to China in October were 48.4 thousand tons, equivalent to more than 2300 containers, although slightly up from the previous month, they remain at a low level for the year. In terms of price, the average price of Ecuadorian shrimp rose to 4.86 USD/kg, a new high for the second half of the year, reflecting the dual pressures of rising raw material costs and supply tightness.
India's export of white shrimp to China is strong. In October, about 14 thousand tons of Indian shrimp arrived in China, a year-on-year increase of 59%, and a 200-ton increase from the previous month. The average price was 6.34 USD/kg, up 0.17 USD/kg from the previous month, indicating that its products are gradually entering the mid-to-high-end market.
Overall, from January to October 2025, China's cumulative imports of shelled warm-water shrimp were 725 thousand tons and shrimp meat 1.78 million tons, totaling over 74 million tons. Industry analysts believe that in the context of tightening supply in Ecuador and steady expansion in India, China's import shrimp market will remain at high prices in the short term.