Ecuadorian Shrimp Sector Woes Mirrored at Aquafeed Supplier Level [Part 2]
In part 1 of our look at the Ecuadorian shrimp sector, we looked at the rapid rise of the industry and its more recent yet significant growth constraints. Today, we share the point-of-view of the Ecuadorian aquafeed supplier; aquafeed constituting an important component in the overall cost of shrimp farming (50-70% according to some estimates).
We spoke to one of the largest Ecuadorian aquafeed producers, who told us that the domestic aquafeed market has developed in tandem with shrimp production over the past 5-10 years...
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