ANALYSIS: Drop in Conch Imports Tightens U.S. Supply and Begins to Elevate Prices
At the year’s midpoint, the Honduran conch season is coming to a close, resulting in the supply of 100% clean product tightening up and the overall market to firm. According to U.S. Census import data, currently available through April 2024, conch imports into the U.S. totaled 2.25 million on a year to date basis, a 13.5% decrease compared to the same 2023 timeframe. This is the lowest January through April YTD volume since 2021, when imports reported just under...
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