Click below to hear the thoughts of Jim Gulkin, CEO and founder of Siam Canadian Group, on UCN’s 2021 shrimp market outlook webinar on May 26

A “perfect storm” of factors have combined to mean key global markets for farmed shrimp are likely to remain short of product for the rest of 2021, panelists on Undercurrent News’ latest webinar agreed.

With the current pandemic crisis in India expected to dampen vannamei shrimp supply in the coming months, importers in the key US and EU markets have been left wondering which,

With foodservice starting to reopen in pandemic-struck markets, freight prices continuing to rise and key shrimp producer India in the grip of a COVID second wave

Industry experts expect the global shrimp sector to power back in 2021 after the COVID-19 pandemic caused the first contraction in global imports since the financial crisis.
Global shrimp imports contracted by an estimated 3% in 2020 to 3.042 million metric tons in 2020,

Thailand’s shrimp farmers stopped harvesting as markets are closed in the wake of a 14-day lockdown in Samut Sakhon, a province southwest of Bangkok recently affected by a COVID-19 outbreak