ANALYSIS: Indonesian Shrimp Exports Rebound Amid Volume Shortfalls and Price Divergence
Indonesian exports rebounded in November following the massive disruption experienced in October. Despite the recovery, November shipments remained nearly 20% below year‑ago levels and roughly 5 million pounds under the 3‑year average, indicating an incomplete normalization of volumes.
Data show a substantial reallocation of shipments away from the US and into alternative markets, which absorbed much of the lost US volume. That destination shift moderated global supply pressure but altered traditional demand channels for Indonesian suppliers.
Contrary to expectations, unit export prices rose to their highest levels...
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