Shrimp prices are generally declining in major global production areas, with U.S. demand beginning to drop significantly

Published Jun 18, 2025

Tridge summary

Key Insight: In mid-June, pond prices for most global white shrimp farming areas in South America declined, with demand softening after importers actively purchased in April and May due to U.S. tariffs. Exporters from Ecuador, India, and Vietnam have again turned their attention to the Chinese market. However, domestically farmed shrimp are entering their peak harvest period, causing prices to again drop to a new low for the year.

Original content

In Week 24 (June 9-15), shrimp prices in Fujian and Jiangsu provinces showed significant declines, with Fujian prices dropping to CNY 26/kg for 60-count shrimp, and Jiangsu falling to CNY 28/kg, nearly breaking the cost line for ordinary farmers. Prices in Guangdong and Guangxi remained relatively stable, with large-size shrimp becoming scarce due to rising temperatures, diseases, and typhoons, while small-size supplies remained abundant. Ecuadorian Shrimp Demand Declines In Week 24, Ecuadorian white shrimp farm prices remained relatively stable, with 30/40 size slightly increasing by $0.05/kg to $3.50/kg. An insider noted that U.S. demand has dropped by around 35%, with uncertainty about tariff impacts; Chinese demand is also declining, with consumer spending remaining cautious. The weak Chinese demand has affected global trade, and the market recovery timeline remains uncertain. Reports indicate Ecuador exported nearly 300 million pounds (136,000 tons) of frozen shrimp in May, ...

Source: Foodmate