World

Frozen Shrimp Market Predicted to Reach USD 57.15 Billion by 2033

According to a recent forecast by Fact.MR, the worldwide demand for frozen shrimp, valued at USD 25.51 billion in 2023, is poised to soar to an impressive...

Indonesia’s North Kalimantan Shrimp Exports Hit IDR 1 Trillion

In 2023, processed shrimp emerged as the leading export commodity from North Kalimantan, Indonesia, showcasing substantial growth and market dominance. According to data from the Fish Quarantine...

Western Europe’s Shrimp Market Projected to Reach USD 17.3 Billion by 2033

The shrimp industry in Western Europe is poised for significant expansion, driven by a blend of favorable market conditions and evolving consumer preferences. According to a recent...

Vietnamese Seafood Exports to China Decline Amidst Inflation and Supply Competition

Recent data from VASEP reveals a significant downturn in Vietnam's seafood exports to China and Hong Kong markets, plummeting by over 22% due to inflationary pressures and...

Aqua Xanh Project Aims for Sustainable Shrimp Farming in Vietnam’s Mekong Delta

In Vietnam's Ca Mau province, the Aqua Xanh project is actively working to combat water pollution and advance sustainable practices in the shrimp farming industry. Spearheaded by...

Ecuadorian Shrimp Dominance Alarms Vietnamese Producers

Vietnamese shrimp has been encountering formidable competition from Ecuadorian shrimp in recent years. This shift in market dynamics prompts an examination by Vietnamese producers of the factors...

Vietnamese Shrimp Exports Hit Yearly High in April

The Vietnam Association of Seafood Exporters and Producers (VASEP) reports a significant surge in Vietnamese shrimp exports for the month of April, with earnings reaching a notable...

Ecuadorian Shrimp Imports Threaten Mexican Producers

Concerns have been raised regarding Ecuadorian shrimp imports into Mexico by Raúl Leyva Retes, the vice president of the Confederation of Aquaculture Organizations of the State of...

Chinese Researchers Promote Rice-Fish Farming in Cambodia

A research team from Shanghai Ocean University, China, recently concluded a productive visit to Cambodia focused on advancing rice-fish and rice-shrimp farming techniques. This visit aligns with...

Increasing Shrimp Outputs in Phu Yen Province, Vietnam

In April 2024, Phu Yen province in Vietnam encountered sporadic cases of aquatic diseases in certain farming areas. Despite these challenges, local aquaculture activities have remained generally...

Brazilian Shrimp Industry Eyes European Market Recovery

Grupo Samaria, a key player in Brazil's shrimp farming sector, has set its sights on revitalizing exports to the European market, according to statements from businessman Cristiano...

Honduran Shrimp Industry Seeks Breakthrough in Chinese Market

In an effort to explore new avenues for growth, six prominent shrimp companies from Honduras along with a marketing firm are gearing up to participate in the...

Cameroon’s Efforts to Combat Illegal Fishing for Shrimp Export Recovery

Cameroon's shrimp industry has faced significant challenges due to the European Union's (EU) red card sanction, which has banned Cameroonian fishing products from the European market since...

Texas Legislators Aim to Support Local Shrimping Industry

In response to challenges posed by high fuel costs and an influx of imported shrimp, Texas state representatives are stepping up efforts to assist local shrimpers. Addressing Financial...

English Seafood Supplier Plans Expansion After Securing £50 Million Funding

Sykes Seafood, based in Warrington, England, is poised for growth following the acquisition of a substantial funding package from HSBC. This GBP 50 million (USD 62.6 million)...

Legislative Support Bolsters Honduran Shrimp Market

Efforts to bolster the shrimp industry in Honduras are gaining traction following Mexico's decision to reopen its markets to Honduran crustaceans. The Special Legislative Commission for Shrimp...

Honduran Shrimp Industry Hit Hard by 59.52% Drop in Taiwan Exports

Shrimp exports from Honduras to Taiwan are experiencing a significant decline. According to recent data from the National Aquaculturists Association of Honduras (Andah), seafood exports to Taiwan...

Guatemala Resumes Shrimp Export to Mexico Following Court Order

The shrimp industry in Guatemala is set to rebound following a favorable ruling from the District Court of Sinaloa, Mexico, allowing the resumption of shrimp exports from...

Korea Invests in Alternative Seafood Research

The Korean government has chosen four consortia to spearhead research efforts into seaweed-based substitutes and lab-grown fish. The Ministry of Oceans and Fisheries has committed to a...

Crisis in Goa’s Shrimp Farming: Numbers Plummet

Goa's aqua farmers in India, have encountered significant hurdles, leading to a decline in their numbers. What was once a promising industry with around 20 farmers in...

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