Opportunities in Shrimp Market

A decline in farmed shrimp production in Mexico could generate opportunities in Europe, America, and Japan for regional producers.

Tuesday, July 2, 2013

From an article by the Costa Rican Foreign Trade Promotion Office (PROCOMER):

Producers of shrimp raised in farms in Sinaloa are facing a serious illness, which has already caused a high mortality rate and millions in economic losses.

According to the Director of Health, Safety and Food Quality of the Ministry of Agriculture, Livestock and Fisheries of the State Government (SAGyP), Januario de los Ríos Núñez, shrimpers will lose out on more than $75 million in aquaculture production and export.

While the National Service for Health, Safety and Quality (Senasica) has decided to issue a health warning for 10 days, the official clarified that the crustacean supply is guaranteed, as there are still stored amounts this season.

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Because the creation of a new sanitary regulation in Mexico will take more than three months, it will be almost impossible to resume exports of fresh Honduran shrimp to the North American country this year.

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More Obstacles for Honduran Shrimp in Mexico

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New requirements that Mexican authorities intend to place on shrimp imports cultivated in Honduras do not indicate, at least in the short term, that there will be an eventual suspension of the blockade.

Since October 20 of last year, the block put in place by the North American country has been in force, whereby under the argument of the presence of the yellow head disease, the entry of the Honduran product was impeded.

Shrimp Shortage in Mexico

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Early mortality syndrome which is affecting farmed shrimp in Mexico has forced producers to import the product from other markets.

From a statement issued by the Foreign Trade Promotion Office of Costa Rica (Procomer):

Sales of fish and seafood in the Mexican market reached 635 thousand tons in 2013, this level of sales represents an increase of 2% compared to 2012.

Opportunity for Seafood in U.S.

July 2014

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From a statement issued by the Costa Rican Foreign Trade Promotion Office:

Some time ago, the USA depended only on shellfish fished on its coasts, the state of New York was famous for its oysters and Louisiana and Mississippi for its prawns, but things have changed.