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Analysis

Expect shrimp prices to decline due to coming glut, Sedacca says

Much of the shrimp that will help drive down prices is literally out to sea, on cargo ships, ordered when demand was high and shipping uncertain

By Nick Sambides Jr. | March 13, 2022 17:53 GMT
Farmed shrimp. Credit: Beaver Street Fisheries
Farmed shrimp. Credit: Beaver Street Fisheries
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A glut of product and some post-COVID-19 normalization will likely prompt a drop of 10% or so in prices in the international shrimp market sometime in the next few months, longtime US seafood industry veteran Jeff Sedacca says [...]

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