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According to the National Aquaculture Association of Ecuador (Camara NacioAccording to the latest trade data of nal de Acuacultura, in the first eight months of 2021, Ecuador exported 527,000 tons of shrimp, an increase of 19% over the same period in 2020
.
After a few months of record shrimp exports, there was a substantial increase
.
In August, Ecuador exported 69 thousand tons of shrimp, valued at US$441 million.
Compared with August last year, the volume and value increased by 32% and 64%
.
.
After a few months of record shrimp exports, there was a substantial increase
.
In August, Ecuador exported 69 thousand tons of shrimp, valued at US$441 million.
Compared with August last year, the volume and value increased by 32% and 64%
.
CNA chief Jose Camposano said that August exports were “within the average range” and pointed out that July’s exports fell slightly on record
.
Compared with July, August exports to Ecuador’s second and third largest markets, Europe and the United States, fell 7% and 24% to 15,400 tons and 15,000 tons, respectively
.
This was offset by the increase in exports to China , which increased by 5% from the previous month to 34,000 tons
.
The value of Ecuadorian shrimp continued to rise in August due to strong overall demand and increased production of higher-value shrimp and headless shrimp
.
In August, the average unit price was US$6.
39 per kilogram, an increase of 2.
7% over July and an increase of 27% over February this year
.
.
Compared with July, August exports to Ecuador’s second and third largest markets, Europe and the United States, fell 7% and 24% to 15,400 tons and 15,000 tons, respectively
.
This was offset by the increase in exports to China , which increased by 5% from the previous month to 34,000 tons
.
The value of Ecuadorian shrimp continued to rise in August due to strong overall demand and increased production of higher-value shrimp and headless shrimp
.
In August, the average unit price was US$6.
39 per kilogram, an increase of 2.
7% over July and an increase of 27% over February this year
.
This helped the export revenue surge in the first eight months of 2021 to US$2.
98 billion, an increase of 24% compared to the same period last year
.
The sharp year-on-year increase in exports in August was due to the Chinese authorities' suspension of imports from several large Ecuadorian companies last year due to the detection of coronavirus on bao installations
.
The reason for the surge in exports to 500,000 tons was the increase in exports to the United States and Europe.
From January to August this year, exports to the former increased by 57% year-on-year to 123,000 tons
.
This offset the impact of a 7% drop in exports to China of 225,000 tons
.
98 billion, an increase of 24% compared to the same period last year
.
The sharp year-on-year increase in exports in August was due to the Chinese authorities' suspension of imports from several large Ecuadorian companies last year due to the detection of coronavirus on bao installations
.
The reason for the surge in exports to 500,000 tons was the increase in exports to the United States and Europe.
From January to August this year, exports to the former increased by 57% year-on-year to 123,000 tons
.
This offset the impact of a 7% drop in exports to China of 225,000 tons
.
Last month, Robins MacIntosh, executive vice president of Charoen Pokphand Foods in Thailand, said that Ecuador may need to increase agricultural density in order to maintain recent growth trends in the future
.
"Their biggest weakness is that it is less likely to increase shrimp supply without developing a large amount of new shrimp pond land," he said
.
"There are still a lot of resources, but the cost of developing these resources is getting higher and higher
.
It is different from the cost of development in the 1980s
.
"
.
"Their biggest weakness is that it is less likely to increase shrimp supply without developing a large amount of new shrimp pond land," he said
.
"There are still a lot of resources, but the cost of developing these resources is getting higher and higher
.
It is different from the cost of development in the 1980s
.
"
