Frozen Shrimp: Sales to Taiwan Upward

From January to March 2020, companies from Central American countries exported frozen shrimp and prawns for $60 million, and sales to Taiwan grew by 56% compared to the same period in 2019.

Thursday, October 22, 2020

Shrimp and Frozen Langoustine Exports in Central America Al March 31st, 2020  

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Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Click to interact with the graphic.

Regional Sales, with a Slight Rise
Between the first quarter of 2019 and the same period in 2020, the export value of frozen shrimp and prawns registered a 2% increase, from $58.8 million to $60.2 million.

Regarding the performance of regional sales in general, exports to Taiwan also increased for the periods in question, rising from $9 million to $15 million.

Exports by Country
As of March 2020, the main exporter of frozen shrimp and prawns in Central America continued to be Honduras, with $47 million, followed by Nicaragua with $7 million, Panama with $4 million, Costa Rica with $1.3 million and Guatemala with $600,000.

For the period in question, the sales of Panamanian and Nicaraguan companies increased 45% and 12%, respectively. Costa Rican exports decreased by 51% and in the case of Honduras, there were no significant variations.

Destination of Exports
In the first quarter of 2020, 24% of the value exported from Central America was destined for Taiwan, 24% for the United Kingdom, 10% for the USA, 10% for Germany, 8% for Mexico and 5% for the Netherlands.

Price of Exports
Between January 2012 and June 2019, the average price per kilo for exports of frozen shrimp and prawns by countries in the region ranged from $9.17 to $4.74.

Note: For this report, prepared by CentralAmericaData, data from SIECA was used.

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More on this topic

Frozen Shrimp: Sales Increase by 17%

March 2019

In the first nine months of last year, Central American countries exported frozen shrimp and prawns for $321 million, 17% more than in the same period in 2017.

Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Frozen Shrimp Exports up 53%

December 2018

In the first half of the year, Central American countries exported frozen shrimp and prawns for $207 million, 53% more than during the same period in 2017.

Figures from the information system on the frozen shrimp and prawns market in Central America complied by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Nicaragua: Sales Figures for Frozen Shrimp

August 2018

In the first quarter of the year, companies in the country exported $32 million worth of frozen shrimp and langoustine, registering a 64% increase with respect to exports in the same period in 2017.

Figures from the information system on the Frozen Shrimp and Langoustine Market in Nicaragua, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

Frozen Shrimp: Numbers Up to March 2018

July 2018

In the first quarter of the year, Central American countries exported $90 million worth of frozen shrimp and langoustine, which is 76% more than in the same period in 2017, mainly due to sales to the US and Taiwan.

Figures from the information system on the Market for Frozen Shrimp and Langoustine in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

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