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November 8, 2013

China

Shrimp Production Has Fallen 50% to 60% in 2013

 

Liu Jian, general manager of Zhanjiang Evergreen Aquatic Science and Technology Co., Ltd., a shrimp farming company with hatcheries, feed mills, processing plants and domestic and international marketing, estimates that China’s farmed shrimp production has fallen 50% to 60% in 2013, compared to 2012.  She says China’s shrimp exports could fall by 40% in 2014.  The strengthening of the Chinese currency against the dollar makes shrimp exports less attractive and imports more attractive.  Another factor boosting domestic demand for shrimp from processors like Zhanjiang Evergreen is the increased interest in domestically processed value-added products.  Customers are actively seeking breaded shrimp, cooked shrimp and other mid-level processed products, she says.  Domestic consumption is moving beyond just shell-on shrimp.

 

Information: Liu Jian, Zhanjiang Evergreen Aquatic Science and Technology Co., Ltd., Northern Ruiyun Road, Mazhang Economic Development Zone, Zhanjiang City, Guangdong Province, China (phone +86-(0)759-3638189, +86-(0)759-3638189, email sales@evergreenaquatic.com , webpage http://www.evergreenaquatic.com/ejianjie.asp).

 

Source: Seafood.com (an online, subscription-based, fisheries news service).  Editor and Publisher, John Sackton (phone 1-781-861-1441, email jsackton@seafood.com).  China’s Internal Shrimp Market Will Suck Up Imports in 2014; 50% Cut in Domestic Production Seen.  John Sackton.  November 7, 2013.

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