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Rabobank analyst Gorjan Nikolik said: “2021 is the best year for Ecuador’s shrimp industry, despite rising farming costs, nominal production growth is the highest we have seen, and export prices for all production Business is good
.
Ecuador is the most successful shrimp exporter in the world!”
.
Ecuador is the most successful shrimp exporter in the world!”
Total exports of Ecuadorian white shrimp have about doubled between 2016 and 2021, while exports last year were about three times higher than in 2013, according to International Trade Centre (ITC) data
.
The U.
S.
and European markets have experienced significant growth.
They imported 184,000 tons and 190,000 tons respectively last year, an increase of 54% and 24% year-on-year.
The combined import value of the United States and Europe exceeded 1 billion US dollars for the first time
.
The export volume of the Chinese market was about 390,000 tons, a year-on-year increase of 9%
.
.
The U.
S.
and European markets have experienced significant growth.
They imported 184,000 tons and 190,000 tons respectively last year, an increase of 54% and 24% year-on-year.
The combined import value of the United States and Europe exceeded 1 billion US dollars for the first time
.
The export volume of the Chinese market was about 390,000 tons, a year-on-year increase of 9%
.
CNA President Jose Anto"The strong growth in Ecuador's exports is due to a combination of factors, including the investment and accumulation of the shrimp industry over the past three years, as well as a change in export product categories, increasing the supply of deshelled and deheaded shrimp to export more to the United States," nio Camposano told UCN
.
.
In addition to the three major markets, Ecuadorian white shrimp performed well in other markets such as Russia, South Korea and Thailand.
Among them, sales in Russia increased by 56% year-on-year to 25,000 tons, sales in South Korea increased by 34% to 13,700 tons, and sales in Thailand increased by 180% to 11,600 tons (the Thai shrimp production is insufficient, and some processing companies buy raw materials from Ecuador)
.
Among them, sales in Russia increased by 56% year-on-year to 25,000 tons, sales in South Korea increased by 34% to 13,700 tons, and sales in Thailand increased by 180% to 11,600 tons (the Thai shrimp production is insufficient, and some processing companies buy raw materials from Ecuador)
.
It is worth mentioning that the Ecuadorian shrimp industry has created more than 10,000 jobs in the past two years, Camposano said
.
"The industry is committed to creating jobs for the country, and our workers have the second-highest wages in Latin America
.
"
.
"The industry is committed to creating jobs for the country, and our workers have the second-highest wages in Latin America
.
"
"The increase in production also reflects our efforts to adjust production over the long term, especially to improve animal nutrition, management and farming techniques
.
Our farming industry has formed a delicate balance with the surrounding ecological environment, neither causing environmental problems, Without compromising the quality of the shrimp
.
The global market highly recognizes the quality of Ecuadorian white shrimp and considers us a sustainable producer,
” Camposano said
.
.
Our farming industry has formed a delicate balance with the surrounding ecological environment, neither causing environmental problems, Without compromising the quality of the shrimp
.
The global market highly recognizes the quality of Ecuadorian white shrimp and considers us a sustainable producer,
” Camposano said
.
Camposano added that whether Ecuador will continue to increase production in the future will be linked to price factors, and will only increase production if market prices are favorable for producers
.
“In other words, if the market shows signs of shrinking, Ecuador immediately adjusts production
.
We saw this in the first year of the epidemic
.
Considering shrimp is a short-cycle product, changes in the market will always affect production
.
"
.
“In other words, if the market shows signs of shrinking, Ecuador immediately adjusts production
.
We saw this in the first year of the epidemic
.
Considering shrimp is a short-cycle product, changes in the market will always affect production
.
"
