Shrimp market in the world in the 3rd week of May 2023
Frozen Common Shrimp & Prawn
China
India
Published May 23, 2023
Tridge summary
The US imports shrimp mainly from India, Ecuador, Indonesia, Vietnam, Thailand, Mexico, Argentina, Peru, Bangladesh and China. Shrimp farmers in the US state of Louisiana have asked the Government to ban or limit shrimp imports to prioritize domestic consumption. In Guyana, South America, production of black tiger shrimp has increased by 44.6%, reaching more than 274 million USD. Brackish shrimp production is concentrated in Region Six, with 37 farms. In 2023 the budget set aside $349.6 million to support the fishing industry in Guyana. The Chinese market has reopened, but exports are still falling, and the price of commercial shrimp has also dropped sharply. China's shrimp imports in the first quarter of 2023 increased by 34%, reaching a record 105,687 tons. The average price of imported shrimp was 5.5 USD/kg, up from 5.3 USD/kg in the previous month. Ecuador is the largest shrimp supplier to China, followed by India, Argentina, Saudi Arabia, Thailand and Vietnam. In Indonesia, shrimp is one of the top export items, with an export value of 5 billion USD.
Original content
The US imports shrimp mainly from India, Ecuador, Indonesia, Vietnam, Thailand, Mexico, Argentina, Peru, Bangladesh and China. Shrimp farmers in the US state of Louisiana have asked the Government to ban or limit shrimp imports to prioritize domestic consumption. In Guyana, South America, production of black tiger shrimp has increased by 44.6%, reaching more than 274 million USD. Brackish shrimp production is concentrated in Region Six, with 37 farms. In 2023 the budget set aside $349.6 million to support the fishing industry in Guyana. The Chinese market has reopened, but exports are still falling, and the price of commercial shrimp has also dropped sharply. China's shrimp imports in the first quarter of 2023 increased by 34%, reaching a record 105,687 tons. The average price of imported shrimp was 5.5 USD/kg, up from 5.3 USD/kg in the previous month. Ecuador is the largest shrimp supplier to China, followed by India, Argentina, Saudi Arabia, Thailand and Vietnam. In Indonesia, ...
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