At the end of 2024, shrimp prices rose globally, except in China...

At the end of 2024, prices in major shrimp production areas around the world generally remained firm and rose at the end of the year, with India seeing a more significant increase, and only China's prices falling significantly. UCN statistics show that Indian prices rose strongly in the last week of 2024, with Nellore's 40-piece (per kg) price rising from INR 402/kg to INR 485/kg ($5.64/kg), 50-piece price rising to INR 438/kg, 60-piece price rising to INR 403/kg, and 70-piece price rising to INR 380/kg. An industry insider said: "Compared with previous months, shrimp raw material prices are at their highest level, and the second worst is poor harvests due to floods, climate change and disease problems." In Andhra Pradesh, the largest production area, prices rose consistently in weeks 51-52, with 40 pieces rising to INR 410/kg and 50 pieces rising to INR 370/kg. The price increase of black tiger shrimp in Gujarat was particularly significant, with 30 pieces rising to INR 520/kg, ...