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    Home > Active Ingredient News > Feed Industry News > Thailand's frozen shrimp export is expected to continue to grow next year

    Thailand's frozen shrimp export is expected to continue to grow next year

    • Last Update: 2001-12-14
    • Source: Internet
    • Author: User
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    Introduction: Thailand's shrimp export is expected to reach THB 110.5 billion (US $2.5 billion) next year, an increase of about 10% over THB 100.5 billion (US $2.28 billion) this year, and the export volume will also increase by 10% over this year's 240000 tons, said pepon punsuwana, President of the frozen food Federation of Thailand But peipeng also warned that the price of frozen shrimp could be forced to reduce next year due to fierce competition and excessive price hikes this year and 1999 In order to resist the competition of raw shrimps from Ecuador, India, Vietnam and other countries, Thai exporters can shift part of their sales focus next year to the by-products of some shrimps, such as ready to eat shrimps The frozen food Federation of Thailand has planned to increase the proportion of cooked shrimp products in total shrimp exports from 32% - 35% to 40% next year Peipeng said that affected by the "9 / 11" incident, Americans increased their demand for cooked shrimp products that can be eaten at home The United States is the largest shrimp importing country in Thailand From January to October this year, the total value of frozen shrimp imported by the United States from Thailand was 42 billion baht (US $950 million), an increase of 79% over the same period last year Japan's imports ranked second, with the same period's imports of THB 18 billion (US $400 million), up 71% year on year.
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