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Shrimp Market Report - US - May 2009 [May 2009]

US economic crisis impact shrimp market

The US economy has spiralled into what many analysts see as the worst recession and financial crisis since the Great Depression that begun with the crash of 1929. During the last quarter of 2008, the economy contracted more than was forecast.
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Shrimp Market Report - January 2009 [January 2009]

Shrimp situation extremely difficult

Europe and Japan experienced a noticeable drop of their shrimp imports, while the US market expanded slightly. At present, demand is reportedly very low on all three major shrimp markets. Sharp cut backs in consumer purchases are expected. Prices have started to decline in the second half of 2008, and exporters have difficulties selling at the moment
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Shrimp Market Report - EU - November 2008 [November 2008]

Trade of shrimp in EU shrinks

The gloomy situation with regard to shrimp demand is now also present in the EU, an area which was more positive for shrimp consumption earlier this year. Prices of shrimp continue to be low, and are expected to stay that way, given the weak demand in all main markets. The downturn of the market happens in a period of the year, which is normally the main purchasing period. Therefore buying interest looks better than it is in reality.
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Shrimp Market Report - US- November 2008 [November 2008]

US market bleak

The USA is the world’s main importer of shrimp with about 550 000 tonnes annually. 2007 was characterized by a sudden downward trend for shrimp imports by the USA. Following ten years of constant expansion, the USA imported only 557 000 tonnes of shrimp in 2007, worth US$ 3.9 billion. This corresponds to a 6% drop in volume and a 5% drop in value on 2006 figures.
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Shrimp Market Report - July 2008 - US [July 2008]
Low US shrimp demand

A survey based on a representative sample of 5 000 US households indicates that consumer confidence dropped sharply in June, to a level which is the fifth-lowest ever. This is just another indication of the current status of the US economy, but, how much this can effectively affect shrimp consumption, is not very clear.
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Friday 18 January 2019
Top Info


Fish Info Network Directors meet at Conxemar, Vigo
In October each year the Spanish Association of Wholesalers, Importers, Manufacturers and Exporters of Fish products and Aquaculture (Conxemar) organizes the International Frozen Seafood Exhibition in Vigo, Spain.

Back to back with this event Conxemar jointly holds an international conference together with FAO. This year the conference was dedicated to cephalopods, a group of molluscs that includes squids, cuttlefishes, and octopus. The conference also provides the backdrop for various side events such as the Vigo dialogue on decent work in fisheries and aquaculture, and the meeting of the Fish Info Network (FIN).
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