Global White Shrimp Market Dynamics: India and Indonesia lead gains, Ecuador faces transition challenges

Indian White Shrimp: Export-Driven, Prices Soar

This week, Indian white shrimp prices of all specifications have risen sharply, with an overall increase of more than 3%, a significant change closely linked to the significant growth in Indian white shrimp exports to the Chinese market.In particular, except for the 70 specification white shrimp price rose by 0.13 US dollars per kilogram, the rest of the specifications rose by 0.12 US dollars, showing strong market demand.The popularity of Indian white shrimp in the Chinese market continues to increase, not only because of its excellent quality, but also because of the increasingly close trade relations between the two countries and the improvement of logistics efficiency.This trend not only brings huge profits to the Indian white shrimp industry, but also further strengthens its position in the global seafood market.

Indonesian White Shrimp: Steady and Rising, Continuous Leading

Although the rise was not as rapid as that of Indian white shrimp, the Indonesian white shrimp market also showed strong upward momentum, with an overall increase of 1.9%.Indonesian white shrimp has always maintained a leading position in the global market with its high quality and stable supply capacity.This week, the price of white shrimp of different specifications has risen to varying degrees, among which 30 specifications of white shrimp rose by 0.1 US dollars per kilogram, while 80 specifications rose by 0.07 US dollars.This performance not only reflects the widespread recognition of Indonesian white shrimp worldwide, but also indicates that the Indonesian white shrimp market is expected to continue to maintain stable growth for some time to come.

Ecuadorian White Shrimp: Market Cold, Seeking Transformation

In sharp contrast to the boom in India and Indonesia, the Ecuadorian white shrimp market remained depressed for 33 weeks, with Tangkou prices unchanged for the 10th consecutive week.Behind this phenomenon is the dilemma faced by Ecuadorian white shrimp exports to the Chinese market.Faced with the reality of slowing demand in the Chinese market, Ecuador's white shrimp industry is actively seeking a way to diversify its products and diversify its sources.This is not only a necessary measure to meet the current market challenges, but also a long-term plan to promote industrial transformation and upgrading and achieve sustainable development.