Looking back at September to November of this year, ShrimpTails noted that Ecuador has continued to increase its export volume compared to 2017. However, the export value has not increased at the same pace due to continued low price levels. Compared to the first half of 2018, prices have stabilized at a lower level than previous years. One of the major challenges for Ecuador’s exporters is that Ecuadorian farmers tend to grow bigger sizes in order to fetch better prices, while Chinese customers mainly demand smaller sizes (40-50, 50-60 and 70-80 count per kg).
December 20, 2018