ANALYSIS: Tariffs Squeeze Shrimp Farmgate Margins as Import Dynamics Shift
Farmgate prices overseas, particularly in India, face significant margin pressure once reciprocal tariffs are factored in. After adjusting for yield and exchange rates—and applying tariffs alone without added landed costs—the effective landed cost for Indian 30–40 count HOSO shrimp plus a 25% tariff approaches that of 21–25 count HLSO product. This aligns with current US importer bids showing Indian offers often priced above Ecuadorian equivalents.
While Ecuador’s farmgate prices remain comparatively lower, higher labor and other onshore costs, especially amid rising demand for value-added peeled...
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