The global shrimp market is oversaturated: Problems and hopes of exporters

Published 2024년 5월 2일

Tridge summary

Ecuador is grappling with uncertainty due to unstable tariffs and feed shortages caused by power outages resulting from drought. Meanwhile, Vietnam is focusing on maintaining a balance between supply and demand and increasing exports. India is seeking alternative markets due to rising freight rates and tariffs. Indonesia is hoping for more competitive prices in the US market, and Bangladesh expects to stay competitive in the black tiger shrimp export market, despite a decrease in annual shipments due to stockpiles and low global prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ecuador faces uncertainty due to tariff fluctuations and feed shortages due to power outages due to drought. Vietnam is seeking to balance supply and demand and increase exports, while India is looking for alternative markets due to rising freight rates and tariffs. Indonesia is hoping for more competitive prices in the US market, while Bangladesh expects to ...
Source: Fishretail

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