November 25, 2023 — Global shrimp prices are stabilizing at “unfavorably low levels,” pushing many farmers into loss-making situations.
Raw vannamei exports from India were pulling in an average of USD 6.32 (EUR 5.80) per kilo in September, down from USD 7.54 (EUR 6.92) in September 2022 and from USD 6.55 (EUR 6.01) in July 2023 – but up slightly from the USD 6.29 (EUR 5.77) it pulled in in August 2023, according to Shrimp Insights Founder Willem van der Pijl.