In July this year, the import volume of edible aquatic products from the mainland was 410,000 tons, an increase of 25.2% year-on-year; Imports amounted to about US$1.84 billion, up 52.8% year-on-year. From January to July, the cumulative import volume of edible aquatic products reached 2.38 million tons, and the total import volume exceeded 10 billion US dollars, an increase of 24.8% and 37.5% respectively over January-July last year.
Shrimp is an indispensable category in imported edible aquatic products. In July, imports of warm water shrimp soared, setting a record high so far in 2019.
Specifically, the import volume of warm water shrimp reached 93,000 tons in July, an increase of 121.4% year-on-year, and the proportion of imported edible aquatic products also increased from 14.7% in June to 22.7%.
Demand for overseas shrimp products in the mainland market is still strong and growing. From the longitudinal data comparison in recent years, it is not difficult to see that in the first 7 months of this year, the monthly import volume of warm water shrimp was higher than that of the same period last year, with the cumulative import volume of about 429,000 tons, an increase of 37.5% over the same period last year, and an increase compared with 2019 before the new crown epidemic: just looking at the data of the first 7 months of this year, the import volume of the first 7 months of 2022 increased by 35.8% compared with 2019...
Horizontally, July imported 37,000 tonnes more warm shrimp than In June, including 30,000 tonnes from Ecuador – this month's contribution of Prawn to warm shrimp imports was as high as 81%!
In July, the mainland imported 60,000 tons of shrimp products from Ecuador, higher than the monthly imports of warm shrimp in previous months.
Imports of Ecuadorian shrimp reached a new high in July, reversing the decline since the second quarter, which was exactly one times higher than in June and 1.6 times higher than in July last year.
From January to July, the import volume of Ersmo shrimp reached 283,000 tons, an increase of 43.7% year-on-year.
Since the Indian shrimp industry was mired in the epidemic last year, the Ecuadorian shrimp industry has aimed at the US market and fought hard, steadily exporting to other major markets, while also actively exploring emerging markets. Against the backdrop of a sharp increase in production this year, exports have also risen a ladder.
Previously, some institutions predicted that Ecuadorian shrimp production may reach 1.35 million tons in 2022, much higher than last year's 1 million tons, with a growth rate of up to 35%.
Recently, more players believe that Ecuador can produce as many as 2.5 million tons of shrimp by 2027, which is close to the total current global imports of farmed crustaceans.
In the first seven months of this year, Ecuador exported a total of 614,000 tons of white shrimp products, an increase of 34.1% year-on-year, and the monthly export volume showed an overall growth trend.
In July, of the 103,000 tons of white shrimp exported by Ecuador, 55,000 tons flowed to the Chinese market, accounting for more than 53%. From January to July, Ecuador exported a total of 324,000 tons of white shrimp products to the Chinese market, accounting for the same proportion as in July.
The 55,000 tons of white shrimp exported to China in July also hit a peak since 2019, an increase of 71.9% year-on-year, and the difference between July 2020, which was the most affected by the epidemic, was as much as 5 times!
The reason why shrimp imports in July was able to hit a record high was that, in addition to the growth in demand, it was also related to the transformation of import measures taken by China Customs: the customs had previously adjusted the scientific adjustment of cold chain prevention and control measures, no longer imposed penalties on the suspension of import declarations for overseas enterprises that detected positive, and the import market of shrimp products also picked up immediately. Judging from the export volume of white shrimp from Ecuador, the main source country, there will be more white shrimp entering the Chinese market in the future. At the same time, the Mid-Autumn Festival and National Day are approaching, and the import demand in the domestic market will be more vigorous than in the first half of the year.
Article source: New Frozen Pie public account