Losses in Shrimp Sector

Due to excessive rainfall in Honduras, shrimp companies estimate that the shrimp losses could reach $100 million.

Friday, October 12, 2018

The executive director of the Asociacion Nacional de Acuicultores de Honduras (Andah), Javier Amador, said to Latribuna.hn that "... The shrimp lagoons are protected by embankments to retain the water and they were destroyed by the force of the rivers. The count is still being done to find out how many hectares of shrimp farms were destroyed, as well as damaged plants and equipment, such as water suction pumps, among others."

See "Frozen Shrimp: Numbers Up to March 2018"

On the other hand, the representative of the shrimp company Granjas Marinas, Victor Wilson, said that "... This year there will be a loss in foreign exchange between 75 and 120 million dollars."

According to figures from CentralAmericaData, in the first three months of 2018 the main exporter of frozen shrimp and prawns in Central America was Honduras with $37 million, followed by Nicaragua with $32 million, Guatemala with $11 million, Panama with $9 million, Costa Rica with $1.4 million and El Salvador with $0.1 million.

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Honduras' Shrimp Industry

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The figures were provided by the National Aquaculture Association of Honduras (Andah), which added that over the past three years they have managed to increase harvest of the product without increasing the area of ​​land being used, which is still approximately 18,200 hectares.

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