Have been tracking the sector for a few months and I believe that the ADD and CVD court case is the primary trigger in this sector.
Lot of factors which are outside the control of shrimp manufacturers:
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US shrimp consumption growth is slow (market size remains stagnant). Imports to US are also decreasing
Chart: Value of shrimps Imported by US (in USD ‘000)
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Environmental factors that impact shrimp production and feed demand (demand fluctuates)
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Raw material (fish meal, basically salt water sardines) prices keep going up as fish landing has decreased due to climate change (supplier side challenges)
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Competition from a bunch of countries even aside from Ecuador (whose costs are significantly lower, both for production and freight), like Vietnam and Indonesia
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US is the only large market for value added shrimp products where the margins are. China and Japan primarily import frozen shrimps only
Discl: small position. trimmed down and missed out on recent gains 
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