ANALYSIS: China Slowing Shrimp Buying from Ecuador
Despite being the top importer, and still the number one partner with Ecuador, China shrimp imports continue to lag this year, putting pressure on shrimp producers from the region.
In 2023, total exports to China accounted for nearly 59%, with the United States a distance second at 17%. With the new data released from Camara Nacional de Acuacultura (CNA), exports to China in May 2024 were 153.419 million pounds. But the overall share has dropped to just over 53% through May, highlighting the shifting dynamics in the market. Exports shifted to...
To Read Full Story Login Below.