Mid-Autumn Festival is approaching, domestic white shrimp prices soaring?

Recently, the domestic white shrimp market has experienced a sharp fluctuation in prices, especially after the Shanghai Fishery Expo, the prices of famous brands such as ace, Sangta and Red Sun have risen one after another, with significant increases.

Price Spikes: The Dual Role of Holiday Effect and Supply Shortage

On the eve of the Mid-Autumn Festival, as the traditional consumption season in China, the demand for aquatic products such as white shrimp surged, while the market supply appeared to be tight.Some brands even appeared a cabinet difficult to find the situation, directly promoted the rapid rise in prices.Among them, prawn specifications of products because more favored by the market, the price increase is particularly obvious.This holiday effect combined with a shortage of supply constitutes the main reason for the current price surge in the white shrimp market.

Import Perspective: Dominance and Challenges of Ecuadorian White Shrimp

According to customs import data, Ecuadorian white shrimp's position in the Chinese market is still stable, accounting for 75.51% of the market share.However, total imports declined in the first seven months of the year compared with the same period last year.This trend not only reflects the instability of the global seafood supply chain, but also exposes the coping strategies of Ecuadorian white shrimp in the face of changes in international market demand.With the recovery of demand in the US market, Ecuadorian manufacturers may adjust their export strategies to increase supply to the US market, which may further affect supply and prices in the Chinese market.

Industrial Logic: Market Adjustment and Decline in Consumption Capacity

In addition to the holiday effect and supply shortage, the deeper reason for the price rise of white shrimp lies in the fundamental adjustment of the supply-demand relationship in the market.On the one hand, the fluctuation of global aquatic product output and the change of trade policy lead to uncertainty of market supply; on the other hand, the change of domestic economic environment and the decline of consumption capacity also restrain the consumption demand of high-end aquatic products such as white shrimp to some extent.Under this dual pressure, price fluctuations in the white shrimp market have become a normalized phenomenon.