Japan's shrimp imports in March increased by 1.1% year-on-year

Published 2024년 5월 20일

Tridge summary

Japan's import of shrimp has seen positive growth for the third consecutive month, with a decrease of 2.5% year-on-year, totaling 17.983 billion yen. Farmed whiteleg shrimp imports increased by 9% year-on-year, with India as the largest supplier, followed by Indonesia and Ecuador. However, concerns about rising prices have been expressed, as consumers anticipate decreased consumption. There has also been a decrease in the import volume of cold-water shrimp, with increased prices from countries like Greenland, Canada, and Russia. The import volume of sushi shrimp increased by 10.6% year-on-year, while fried shrimp products saw a decrease of 9.8% year-on-year.

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

Original content

This is the third consecutive month of positive growth since January, with imports of 17.983 billion yen, down 2.5% year-on-year to 17.983 billion yen. Among imported shrimp, the import volume of farmed whiteleg shrimp was 8,306 tons, up 9% year-on-year, with an import value of 10.353 billion yen. From the perspective of importing countries, India has the largest supply of frozen shrimp, at 2,314 tons, up 8.14% year-on-year, with a value of 2.532 billion yen, up 11.4% year-on-year; Indonesia is closely behind, with a supply of 1,370 tons, down 18.1% year-on-year, with a value of 1.908 billion yen, down 16.5% year-on-year; Ecuador ranks third, with a supply of 745 tons, up 160.5% year-on-year, with a value of 774 million yen, up 147.3% year-on-year. From May, prices will remain high, so Japanese consumers are worried that rising prices will lead to shrinking consumption. Japan imported 880 tons of Argentine red shrimp, up 8.1% year-on-year Increased by 94.7%, and the import value ...

Source: Foodmate