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News: shrimp

US suspends Thai and Bangladeshi seafood exporters

Two more Asia-based seafood companies that process shrimp under Best Aquaculture Practices (BAP) certification had their exports to the US suspended. This was due...

Isso takes shrimp to a new service level in Asia

Isso, a ‘fast casual’ QSR chain from Sri Lanka, is making shrimp the favored protein for fast food. Apinash Sivagumaaran, the founder and CEO,...

Asia sees lower shrimp exports to the US

The US imported 59,442mt of shrimp in January 2024, down 13.52% from January 2023. This continued the decline beginning in 2023, when the US...

China potential market for Vietnam shrimp exports

Vietnam is setting its sights on China for shrimp exports. Exporters face challenges because of the US request to impose anti-dumping and anti-subsidy duties...

Indonesia exploring new markets for shrimp exports

Facing challenges in the US market, Indonesia is exploring non-traditional markets for its shrimp exports. Indonesia’s Ministry of Fisheries and Marine Affairs said some...

Global shrimp farming faces uncertainty, says Rabobank

Global shrimp farming will remain unpredictable due to oversupply, low prices, and weaker-than-expected Chinese demand, Rabobank said in its Global Aquaculture Update H1 2024....

Indonesia explores new shrimp markets

Indonesia is eyeing alternative shrimp markets in Asia, Africa, and Europe, following challenges in the US. Sakti Wahyu Trenggono, Minister of Fisheries and Marine...

Optimism despite anticipated disruption

How has 2024 launched for you? As much as industry leaders foretell significant disruption across the agriculture value chain in the next two years,...

India invests USD69m to boost shrimp production in 2024

The Indian government wants to boost its shrimp output for domestic and export markets by utilizing saline wastelands in north India to develop clusters...

Indonesia to build 12 modern shrimp ponds

Indonesia’s Ministry of Marine Affairs and Fisheries targets a national shrimp production of 2mt in 2024. In support, the agency plans to build the...

2024 remains full of uncertainty for shrimp

The shrimp industry is expected to adjust to the reality of low prices and oversupply by decelerating production growth to 0-3% yoy in 2024,...

2024 to be challenging for Asian shrimp sector

Growth in global shrimp production is likely to slow down to 0-3% in 2024 as it adjusts to the reality of low prices and...

Thailand eyes 10% growth in shrimp exports in 2024

Thailand’s shrimp exports are expected to grow by 10% next year, driven by a slight increase in domestic shrimp production and stronger demand, especially...

Indonesian shrimp exports down 17%

Indonesia’s shrimp exports in the first three quarters of 2023 fell 17% yoy. Shrimp Insights explained that exports to the US dropped for the...

AIP allows Koyo to meet demand for responsibly farmed shrimp

Koyo Segoro Endah has become the first Indonesian shrimp producer to graduate from the ASC Improver Program (AIP) by the Aquaculture Stewardship Council (ASC)....

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