Ecuador's shrimp exports broke another volume record in 2023, and 2024 started much in the same vein, but the world’s leading shrimp supplier has seen trade slow as the year is hitting its final quarter, according to data compiled by Global Shrimp Forum Foundation Managing Director Willem van der Pijl.
Sharing key trade trends that are shaping the global shrimp industry at the 2024 Global Shrimp Forum (GSF), held in Utrecht, the Netherlands, in early September, van der Pijl said that on a global scale, shrimp exports have been increasing since 2016 and that this rise has largely been driven by exports from Ecuador and India.
Ecuador exported just over 1.2 million metric tons (MT) of shrimp last year, representing a 15 percent rise on 2022’s total. Following that up, export totals in the second quarter of this year set an all-time quarterly record, hitting 344,000 MT.
Ecuador's growth trend is slowing in 2024, forecast at ...
