Encouraging. Some data to chew –
The table illustrates the volume of U.S. shrimp imports from various countries over the years.
Key takeaways:
- U.S. shrimp imports have shown consistent growth over the years till CY21; degrowth in CY22 and YTD!
- India has seen a substantial increase in its market share of U.S. shrimp imports till CY19; peaked at 43%. De-growth to 36% by CY22. YTD growth has rebound to 38%
- Ecuador has seen stunning growth in CY20 and CY21; growth rate has tapered since then
Key takeaways:
- India has seen YoY growth in Jul-Aug-Sep ’23 of U.S. shrimp imports after nearly 14 consecutive months of YoY degrowth
Source: https://www.fisheries.noaa.gov/foss/f?p=215:20:9994685233348:::::
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