Shrimp

Published on
April 18, 2017

The Ministry of Agriculture, Livestock, Rural Development, Fisheries and Food (SAGARPA) in Mexico has reported that shrimp production in the country has increased by 65.5 percent during the last four years, largely thanks to the incentivized support of the government.

Based on preliminary statistics from the Agrifood and Fisheries Information Service (SIAP), SAGARPA said that annual shrimp production jumped from 127,537 metric tons (MT) in 2013 t… Read More

Published on
April 11, 2017

The total value and volume of shrimp sold in U.K. supermarkets has continued to grow over the past 12 months with only salmon eclipsing the combined sales of warmwater and coldwater shrimp. 

According to the latest HomeScan data supplied by the U.K. Seafish Authority, total shrimp sales for the 52 weeks ending 25 February 2017 amounted to GBP 441.7 million (USD 548.1 million, EUR 517.5 million), representing an increase of 4.9 percent year-o… Read More

Published on
April 3, 2017

Vietnam’s shrimp exports are targeted to reach between USD 4.5 (EUR 4.2 billion) and USD 5 billion (EUR 4.7 billion) by 2020, requiring an annual increase of between 9.5 and 12 percent.

The Ministry of Agriculture and Rural Development (MARD) said these aims are set in the national action plan on developing the shrimp sector to 2025, to be submitted to the prime minister.

As mandated by the premier, the sector is to earn USD 10 billion (EUR… Read More

Published on
March 27, 2017

More than 3.2 million pounds (1,451 metric tons – MT) of shrimp were landed in the Gulf of Mexico in February, continuing the strong start to the year that began with January’s landings of almost 3.5 million pounds (1,588 MT) of product.

According to the latest data provided by the National Oceanic and Atmospheric Administration (NOAA) Fisheries, ex-vessel prices for large count size shrimp remained roughly in line with where they ...… Read More

Published on
March 20, 2017

Vietnam’s shrimp export trade has failed to maintain the strong growth trend that it enjoyed last year, with total sales in January falling by almost 13 percent year-on-year to USD 198.7 million (EUR 184.9 million).

The Vietnam Association of Seafood Exporters and Producers (VASEP) attributed the decline to technical barriers from importing markets, lower demand from major markets and a limited supply of raw material for processing.

Consequen… Read More

Published on
March 13, 2017

The decision taken by Australia’s Agriculture Minister Barnaby Joyce in January to impose a ban on the country’s imports of raw shrimp while authorities look to establish the cause of a serious outbreak of white spot syndrome virus (WSSV) at shrimp farms in Queensland has come under fire from the Vietnamese government.

Vietnam's Deputy Minister of Industry and Trade, Tran Quoc Khanh, has told the Australian media that the ban had damaged ...… Read More

Published on
March 6, 2017

Almost 3.5 million pounds (1,588 metric tons – MT) of shrimp were landed in the Gulf of Mexico in January, representing the region’s largest volume for the month since 2013. 

While the Southern Shrimp Alliance highlights that the region’s landings were 16.5 percent below the 15-year historic average for the month of January, it said the total landings were the eighth highest recorded over the 16-year timespan for which it has ...… Read More

Published on
February 27, 2017

The amount of pink shrimp that can be commercially caught in Area 6 of Newfoundland and Labrador has reached the lowest level in history, Canada’s Department of Fisheries and Oceans (DFO) has warned.

According to a new assessment, there were only 104,000 metric tons (MT) of fishable shrimp in the area in 2016, which means that the resource is in a "critical" state.

That volume has been decreasing year after year – falling 25 percent from… Read More

Published on
February 21, 2017

The United States imported 603,591 metric tons (MT) of shrimp last year, up on the 585,826 MT that that the market brought in during 2015, according to the latest statistics from the National Oceanic and Atmospheric Administration (NOAA) Fisheries.

During the course of 2016, India overtook Indonesia as the U.S. market’s No. 1 supplier, providing the country with 153,984 MT of shrimp in the 12-month period (up from 135,352 MT in 2015), followed … Read More

Published on
February 13, 2017

Nguyen Xuan Phuc, Vietnam’s prime minister, has called on the country’s shrimp industry to deliver an export value of USD 10 billion (EUR 9.4 billion) by 2025.

Speaking at a conference on shrimp production last week, Phuc said the shrimp industry should work to account for 10 percent of the country’s GDP and asked the State Bank of Vietnam to instruct commercial banks to provide sufficient capital for the industry, especially for high-tech … Read More