Whiteleg shrimp supply to South Korea down 28% in September 2024

Published 2024년 11월 5일

Tridge summary

Ecuador was the leading supplier of frozen whiteleg shrimp imports in September, accounting for 60% of the total imports with 2,743 tonnes. Other countries like Malaysia, Vietnam, Peru, and Saudi Arabia also contributed to the imports. The unit price for Malaysian imports was the highest at US$7.05/kg, while Saudi Arabia had the lowest at US$4.75/kg. The import value for September decreased by 43% compared to the same month in 2023, and the cumulative import value for the first nine months of the year also decreased by 14% compared to the same period in 2023. The average unit price of imports also fell by 5% from the previous year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ecuador accounted for 60% of frozen whiteleg shrimp imports as of September, totaling 2,743 tonnes. Other key suppliers were Malaysia with 1,049 tonnes, Vietnam with 303 tonnes, Peru with 280 tonnes and Saudi Arabia with 243 tonnes. The highest unit price was for Malaysian imports at US$7.05/kg, followed by Ecuador at US$5.97/kg, while Saudi Arabia had the lowest at US$4.75/kg. The import value for September reached US$1.8 million, down 43% from US$3.17 million in the same month in 2023. The cumulative import value through September was US$28.74 million, down 14% from US$33.31 million in the same period in 2023. The average unit price of imports fell 5% from US$6.57/kg last year to US$6.23/kg this year. The decline in both import volume and price highlights significant changes in the frozen ...

Source: Fishretail