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But Ecuadorian farmers have to face a serious problem.
The cost of farming continues to rise due to inflation, and the outbreak of the war in Ukraine has further pushed up feed and fuel prices
.
Jose Anto, President of the Ecuadorian Aquaculture Chamber (CNA)Nio Camposano told UCN: “With some feed ingredients coming from Eastern Europe and China, the prices of soybeans and wheat today are unprecedented
.
For example, the price of soybeans has only crossed the $600/t barrier three times in the past 45 years, in 2012.
, 2021 and 2022.
”
.
For example, the price of soybeans has only crossed the $600/t barrier three times in the past 45 years, in 2012.
, 2021 and 2022.
”
"So, we've seen prices go up, and the price index on paper is already high, but don't ignore that we also have transport costs, fuel costs, which are very important costs
.
"
.
"
“Last year, our sales to the U.
S.
doubled to over $1.
3 billion for the first time, an important result of an industry-wide focus on developing the U.
S.
market
.
In China, our exports grew just 10 percent to $2.
3 billion.
, China remains our largest market
," Camposano said.
"I think it's a healthy distribution model, and with the war in Ukraine, we'll continue to monitor developments
.
"
S.
doubled to over $1.
3 billion for the first time, an important result of an industry-wide focus on developing the U.
S.
market
.
In China, our exports grew just 10 percent to $2.
3 billion.
, China remains our largest market
," Camposano said.
"I think it's a healthy distribution model, and with the war in Ukraine, we'll continue to monitor developments
.
"
Camposano believes that although Ecuadorian shrimp farmers receive some government fuel subsidies, they cannot make up for the rising cost, and more government support is unlikely
.
"We've been communicating with the government during difficult times, but we haven't seen the desired results
.
Now we're still working on it, hoping to remove those red tape and reduce some of the burden as much as possible
.
"
.
"We've been communicating with the government during difficult times, but we haven't seen the desired results
.
Now we're still working on it, hoping to remove those red tape and reduce some of the burden as much as possible
.
"
“Shrimp farming has a short cycle, so Ecuadorian companies and shrimp farmers can flexibly adjust
.
But it is too early to judge whether this year will be successful again
.
The market is always changing, and the expansion of farming is related to the market response.
.
During the epidemic, our products were rejected by China, demand dropped severely, and now we are seeing a rapid rebound
in the market,” Camposano said
.
.
But it is too early to judge whether this year will be successful again
.
The market is always changing, and the expansion of farming is related to the market response.
.
During the epidemic, our products were rejected by China, demand dropped severely, and now we are seeing a rapid rebound
in the market,” Camposano said
.
"Ecuador's shrimp industry has a 50-year history.
In the past 20 years, we have focused on the accumulation of disease resistance.
In the last eight years, we have begun to improve genetics and breeding management
.
" Camposano said
.
In the past 20 years, we have focused on the accumulation of disease resistance.
In the last eight years, we have begun to improve genetics and breeding management
.
" Camposano said
.
The Sustainable Shrimp Partnership Program (SSP) for the Ecuadorian shrimp industry has entered its fourth year
.
"SSP certification first requires the farm to pass the ASC certification, but also to meet the standards of antibiotic-free and full traceability
.
" SSP director Pamela Nath said
.
.
"SSP certification first requires the farm to pass the ASC certification, but also to meet the standards of antibiotic-free and full traceability
.
" SSP director Pamela Nath said
.
"We believe that more and more consumers around the world will accept the 'antibiotic-free' concept
.
At present, SSP members include 7 local companies and 11 farms, and we have also launched an improvement plan to provide more small-scale farms.
provide services to customers, apply for ASC certification for them, and finally join the SSP program certification
.
” Nath said
.
.
At present, SSP members include 7 local companies and 11 farms, and we have also launched an improvement plan to provide more small-scale farms.
provide services to customers, apply for ASC certification for them, and finally join the SSP program certification
.
” Nath said
.