ANALYSIS: May Shrimp Imports Decline 29.4 Percent
May shrimp imports were released today and in-line with expectations of the first year-over-year decline. That data showed May imports at 83.357 million pounds, 29.4 percent below May 2019. This was near the forecast by Urner Barry Consulting in early June.
Of our top five trade partners, a change of leadership was seen with gains only from Indonesia (+10.5%), pushing this country to the number one spot. Less shrimp was shipped from India (-57.8%), Ecuador (-25.2%), Vietnam (-8.7%), and...
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