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Bangladeshi shrimp exports shrink in ‘vicious cycle’

The 'Shrimp Insights' blog notes that more shrimp is staying on the domestic market, with processing quality and buyers' focus on price driving a race to the bottom

By Undercurrent News | Oct. 16, 2024 10:20 BST
Heiko Lenk (front row, third from right) at a ceremony. Credit: Lenk Frozen Foods
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Bangladesh's shrimp exports have fallen from around 55,000 metric tons in 2016 to just 25,000t in 2023, with the sector trapped in a "vicious cycle," according to the latest update from the Shrimp Insights blog, run by Willem van der Pijl [...]

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