Global farmed shrimp production to reach 6 million tonnes by 2025

Ecuador leads shrimp production Gorjan Nikolik, an analyst at Rabobank, said that global farmed shrimp supply growth is slowing but will be positive in 2025, despite prices at record lows in many parts of the world. Ecuador remains the world's largest shrimp producer, with growth expected to be 3% in 2025, according to Rabobank estimates. Mexico's farmed shrimp industry has grown well since the downturn in 2013, surpassing 200,000 tonnes in 2023. Growth of 1% in 2024 and an expected 4% increase in 2025 are quite stable given the low prices. Mexico has a good domestic market and can boost exports to the United States. Despite its smaller size, the Brazilian shrimp industry has grown significantly since 2017, increasing by 20% in 2023 and 10% in 2024. In 2025, Brazil's shrimp production is expected to exceed 160,000 tons. Venezuela remains the second most potential country in the Americas. Although the growth rate of Venezuela's shrimp industry is expected to slow down in 2024 ...