Record Year for Shrimp Imports in 2014
The U.S. Census Bureau released official import statistics for November 2014 earlier this week. These data show that 2014 will set historical records in terms of the overall value of frozen, non-breaded warmwater shrimp imports and will be at near all-time highs in terms of volume. As shown in the chart below, even without accounting for December (data regarding […]
What’s Causing High Prices for Shrimp?
After years of depressed and declining prices, the U.S. market for shrimp has been on the uptick since 2010. For the U.S. shrimp industry, this has meant increases in prices at the dock and in the wholesale market. Why is this happening? The standard explanation is that shrimp import volumes have declined because of disease outbreaks in shrimp aquaculture […]