2023 is coming to an end, and shrimp prices in India have fallen to a five-year low

Published Dec 28, 2023

Tridge summary

The price of white shrimps in Andhra Pradesh, India has decreased compared to the same period last year, reaching a five-year low. In Gujarat, the prices of various shrimp specifications are even lower. Indian farmed vannamei shrimp prices remain the lowest in Asia, followed by Indonesia, while Ecuadorian shrimp prices are lower than all Asian countries in U.S. dollar terms.

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

Original content

According to data from Indian aquatic services company Aquaconnect, the price of 30 white shrimps (per kilogram) in Andhra Pradesh in the 51st week was INR 385/kg ($4.60/kg), 40 at INR 350/kg, and 60 at INR 275/kg. , 80 pieces INR 235/kg, 100 pieces INR 215/kg. At present, the price of shrimp (30 pieces) in Andhra Pradesh has dropped by INR 15/kg compared with the same period last year, and has reached a new low in the past five years. In Gujarat, on the west coast of India, the prices of various specifications are even more depressed. 30 pieces are at INR 380/kg, 40 pieces are at INR 320/kg, 60 pieces are at INR 260/kg, 80 pieces are at INR 230/kg, and 100 pieces are at INR 210/kg. . In Asia, India’s farmed vannamei shrimp prices remain the lowest, followed by Indonesia. ...

Source: Foodmate