Trade insights: India’s shrimp exports flatline in 2023
India's shrimp exports struggled to grow in 2023, tallying volumes below 2021 levels amid weak global prices for the country's biggest seafood export
Trade insights: Ecuador shrimp export prices drop to lowest since 2011
Trade data shows the average unit value of the South American country's frozen shrimp exports fell to $4.81/kg in November, its lowest since at least 2011
FAO warns tough year of inflation could hurt shellfish demand at key time
EU shellfish supply this year has risen, despite blue crab eating large quantities of mussels and clams in Italy; scallop biomass in the US overall remains low, a recent report says
Canadian court delays price-fixing hearing involving five Norwegian salmon producers
The decision on a proposed settlement in a Canadian lawsuit accusing Norwegian salmon farmers of price-fixing has been delayed
Mixed trends in US retail seafood sales reflect inflationary pressures
More than half of shoppers are now seeking specials more frequently and 45% are cutting back on non-essentials, Circana reports
Trade insights: Ecuadorian shrimp exports hit 1m metric tons but growth slows
While Ecuador's shrimp exports hit an all-time high through October 2023, the pace of growth showed signs of deceleration
Trade insights: China’s shrimp import value sinks 21% but volumes unchanged
China's imports of frozen warmwater shrimp were flat in October compared to a year earlier even as their total value fell 21%, according to newly released Chinese customs data
Trade insights: Ecuador export shrimp prices edge up after 10-year low
Trade data shows the average unit value of the South American country's frozen shrimp exports fell below the psychological $5.00 per kilogram threshold amid a supply glut and slowing demand
Trade insights: China’s warmwater shrimp import prices fall for fifth straight month to new record low
The average value of China's imports of frozen warmwater shrimp fell for the fifth straight month in September 2023, sinking to just $5.05/kg, according to newly released Chinese customs data
Trade insights: India’s shrimp exports continue downward trajectory in start of H2
The US and China, which account for over 50% of total exports, saw shipments decline by 4% and 11% respectively so far this year