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GSMC: Global shrimp production to exceed 5 million tons in 2022

 Last Update: 2022-02-17
 Source: Internet
 Author: User

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The Global Seafood Market Conference (GSMC) estimates that the global production of farmed vannamei shrimp in 2021 will be about 4.
569 million tons, and the output of Ecuador will exceed 1 million tons for the first time
.
It is expected to grow by 22.
6% to 5.
011 million tons in 2022
.

Robins McIntosh, senior vice president of CP Foods (CPF), said: "The growth rate of production is astounding.
I did an analysis in 2019, and it will not necessarily increase to 5 million tons by 2025.

"

In 2021, global farming costs will increase across the board, and the cost distribution of shrimp fry, feed and chemicals/probiotics will increase by 10%, 14% and 10%, causing a greater economic burden on farmers
.

"If shrimp prices don't rise, farmers may not be able to increase production under current market conditions, and production progress will slow down
," McIntosh said
.

　　In 2021, the export market of Ecuadorian white shrimp will be rebalanced, and many processing companies will increase the production of value-added products and export more white shrimp to the United States
.

seafood farming

　　"If shrimp prices don't rise, farmers may not be able to increase production under current market conditions, and production progress will slow down
," McIntosh said
.

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