75% of Guatemalan Shrimp Stocks Lost

The country's shrimp farms on the south coast were those worst affected by tropical storm Ágatha and the eruption of the Pacaya volcano.

Monday, August 2, 2010

Natural disasters have had an impact on the dredging of ponds and on shrimp larvae. Producers say that it will take more than a year for the sector to recover.

Jorge Cabezas, general manager of Walmart subsidiary ICI, described the impact to Sigloxxi.com saying that, "we were purchasing 70% locally and importing the rest but the situation has reversed. Now we import 80%, about 5,000 lbs daily and the rest comes from Guatemalan producers".



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Shrimp to China and Peas and Green Beans to Canada

March 2013

The goals set by Guatemalan exporters for 2013 include the opening up of the markets of China and Canada for peas, green beans and shrimp.

Revistamyt.com reports that "the new president of Agexport, Estuardo Castillo, revealed some of the most noteworthy projects for the year 2013, through which they are aiming to reach the goal of $12,000 million in exports."

More Productivity in Shrimp Farming

April 2012

The shrimp industry, which exported $52.8 billion in 2011, is seeking to improve infrastructure and implement improved farming technologies.

The production of shrimp and fish farming generates more revenue than deep-sea fishing, as reports by Electronic Service for Export Authorization (SEADEX) and the Committee on Fisheries and Aquaculture of the Guatemalan Association of Exporters (Agexport) clearly show .

Seafood Exports Up 13% in Guatemala

March 2011

$109 million worth of seafood goods where sold abroad in 2010, 13% more than 2009, when $96 million were exported.

In terms of volume, Guatemalan seafood companies shipped 50.9 million pounds in 2009 and 48 million pounds in 2010, reported the Guatemalan Exporters Association (Agexport).

Guatemala: Shrimp Exports Decrease by 43%

May 2009

Shrimp exports fell to 5.8 million pounds during the first quarter of this year, 43% less than during the same period in 2008.

The drop in demand for the product in international markets and the decline in international prices, both a product of the global economic crisis, are the main factors behind the sharp drop in exports from an industry had been registering increases of up to 232% percent in sales abroad during the last three years.

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