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Farmed shrimp sector headed for pain as production grows, demand falls

While production is on track to hit 5 million metric tons this year, prices have already fallen below pre-pandemic levels, while 'recessionary behavior' is likely for markets

By Neil Ramsden | June 27, 2022 10:14 BST
A shrimp farm in Andrah Pradesh. Credit: Louis Harkell / Undercurrent News
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BERGEN, Norway -- The global farmed shrimp sector is headed for an "inflection point" that could cause considerable pain in 2022, warned Rabobank senior seafood analyst Gorjan Nikolik [...]

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