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    Home > Food News > Food Articles > The production of Ecuadorian shrimp will exceed one million tons, and the price may be down for a long time

    The production of Ecuadorian shrimp will exceed one million tons, and the price may be down for a long time

    • Last Update: 2022-01-07
    • Source: Internet
    • Author: User
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    The trend ofhigh costs and low prices in Ecuador's shrimp farming industry may continue for several months
    .
     
    2021 has passed, and the Ecuadorian shrimp industry is a mixed blessing.
    Although official data has not yet been announced, the industry expects a bumper harvest for the entire industry, that is, the annual output will exceed 1 million tons for the first time; on the other hand, shrimp prices are still sluggish and costs are rising.
    The trend remains unchanged
    .
     
    A shrimp farmer said: “In the end, some good news reflects the honesty and hard work of our farmers, and they can maintain normal operations even in the event of an epidemic and supply chain disruption
    .
     
    Nevertheless, farmers are not optimistic about the current situation, and the future market may be full of challenges
    .
    "The cost of our input has continued to rise, and the price of the outgoing pond has fallen day by day.
    The trend has not improved until the end of the year
    .
    Unfortunately, this has eclipsed all the good news.
    At least in the first few months of 2022, the situation may be different.
    It will not change, and a sensation in the industry may be inevitable
    .
    "
     
    In the last week of 2021, the price of large-size Ecuadorian white shrimps dropped slightly
    .
    20/30 specifications (per kilogram) are quoted to $5.
    20/kg; 30/40 specifications increase to $4.
    50/kg; 40/50 specifications to $4.
    00/kg; 50/60 specifications to $3.
    70/kg; 60/70 specifications to $3.
    30/kg ; 70/80 specifications to $3.
    00/kg; 80/100 specifications to $2.
    60/kg; 100/120 specifications to $2.
    50/kg; 120/140 specifications to $2.
    30/kg
    .
     
      The Ecuadorian export industry requires the government to immediately implement a "tax rebate", that is, a tariff compensation plan, to refund part or all of the import tariffs on raw materials used for product exports
    .
     
      "We have been facing abnormal export conditions, and the industry needs government assistance to reduce the pressure on producers
    .
    " Another producer said
    .
     
      Jose Anto, Chairman of the Chamber of Aquaculture (CNA) of EcuadorNio Camposano said that the current shortage of containers and insufficient cargo space is having a negative impact on the competitiveness of all Ecuador’s exports.
    This special situation requires government compensation, such as tax rebates
    .
    price
     
      2021 has passed, and the Ecuadorian shrimp industry is a mixed blessing.
    Although official data has not yet been announced, the industry expects a bumper harvest for the entire industry, that is, the annual output will exceed 1 million tons for the first time; on the other hand, shrimp prices are still sluggish and costs are rising.
    The trend remains unchanged
    .
     
      A shrimp farmer said: “In the end, some good news reflects the honesty and hard work of our farmers, and they can maintain normal operations even in the event of an epidemic and supply chain disruption
    .
     
      Nevertheless, farmers are not optimistic about the current situation, and the future market may be full of challenges
    .
    "The cost of our input has continued to rise, and the price of the outgoing pond has fallen day by day.
    The trend has not improved until the end of the year
    .
    Unfortunately, this has eclipsed all the good news.
    At least in the first few months of 2022, the situation may be different.
    It will not change, and a sensation in the industry may be inevitable
    .
    "
     
      In the last week of 2021, the price of large-size Ecuadorian white shrimps dropped slightly
    .
    20/30 specifications (per kilogram) are quoted to $5.
    20/kg; 30/40 specifications increase to $4.
    50/kg; 40/50 specifications to $4.
    00/kg; 50/60 specifications to $3.
    70/kg; 60/70 specifications to $3.
    30/kg ; 70/80 specifications to $3.
    00/kg; 80/100 specifications to $2.
    60/kg; 100/120 specifications to $2.
    50/kg; 120/140 specifications to $2.
    30/kg
    .
     
      The Ecuadorian export industry requires the government to immediately implement a "tax rebate", that is, a tariff compensation plan, to refund part or all of the import tariffs on raw materials used for product exports
    .
     
      "We have been facing abnormal export conditions, and the industry needs government assistance to reduce the pressure on producers
    .
    " Another producer said
    .
     
      Jose Anto, Chairman of the Chamber of Aquaculture (CNA) of EcuadorNio Camposano said that the current shortage of containers and insufficient cargo space is having a negative impact on the competitiveness of all Ecuador’s exports.
    This special situation requires government compensation, such as tax rebates
    .
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

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