ANALYSIS: US Shrimp Consumption Edges Up in 2025; Costs, Inventories Shape Near‑Term Outlook
Our preliminary per‑capita consumption estimates for 2025 indicate a mild increase versus 2024, effectively a flat year in practical terms. Demand in our framework is driven by inflation‑adjusted prices (real prices), population growth and net supply, where net supply is modeled from imports and an inferred inventory “clearing” rate. Inventories are estimated using price elasticities with respect to lagged and transformed imports, applying an assumed clearing rate to approximate the product absorbed each period...
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