Import - USA
As a single market, the USA was the number one importer of shrimp in the global market in 2014.Year on year, imports were 60 000 tonnes higher (+12%) at 568 650 tonnes. Nearly, 78% of these supplies consisted of raw shell-on and peeled products. There was a 26% rise in import value in 2014, reaching USD 6.7 billion in 2014, while the average import price was 9.6% higher that that of 2013 due to higher imports of large sized shrimp, both shell-on and peeled.
Though India remained the top supplier in this market, exports from Indonesia and Ecuador were comparatively higher at +22,278 tonnes 18,000 tonnes respectively. In comparison, supplies from India increased by 14 278 tonnes.
About two thirds of the USA experienced severe winter weather during the first three months of 2015. This severe weather affected restaurant business during the Lent period, when seafood consumption generally increases. Retail demand of shrimp was also low as households bought more staple products, to ride out cold temperatures at home.
As of the reporting time, US domestic inventories remained high because of the surge of imports during the fourth quarter of last year and in January this year. US cold storages are also full with large stocks of vannamei shrimp. Imports of farmed black tiger shrimp increased as well, though not at the same level as farmed vannamei. At the end of 2014, total shrimp supplies in the USA, which includes both imports and domestic landings, were up about 12-13% compared with 2013.
Import - USAAs a single market, the USA was the number one importer of shrimp in the global market in 2014.Year on year, imports were 60 000 tonnes higher (+12%) at 568 650 tonnes. Nearly, 78% of these supplies consisted of raw shell-on and peeled products. There was a 26% rise in import value in 2014, reaching USD 6.7 billion in 2014, while the average import price was 9.6% higher that that of 2013 due to higher imports of large sized shrimp, both shell-on and peeled.Though India remained the top supplier in this market, exports from Indonesia and Ecuador were comparatively higher at +22,278 tonnes 18,000 tonnes respectively. In comparison, supplies from India increased by 14 278 tonnes.About two thirds of the USA experienced severe winter weather during the first three months of 2015. This severe weather affected restaurant business during the Lent period, when seafood consumption generally increases. Retail demand of shrimp was also low as households bought more staple products, to ride out cold temperatures at home.As of the reporting time, US domestic inventories remained high because of the surge of imports during the fourth quarter of last year and in January this year. US cold storages are also full with large stocks of vannamei shrimp. Imports of farmed black tiger shrimp increased as well, though not at the same level as farmed vannamei. At the end of 2014, total shrimp supplies in the USA, which includes both imports and domestic landings, were up about 12-13% compared with 2013.
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