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March 11, 2015

Thailand

Urner Barry Reports Increasing Exports to USA

 

In January 2015, United States shrimp imports from Thailand were up 7.1 percent to 13.9 million pounds, still sharply lower compared to past years, but evidence that Thailand continues to recover from EMS.  This marks the second straight month—and first time in five years—that shipments from Thailand were up compared to year-ago levels.

 

In January 2015, the United States imported 111.9 million pounds of shrimp, up 8.5 percent compared to the same month in 2014.

 

India and Indonesia continued as the two top suppliers to the USA.  Indonesia was the top supplier in January with its imports up over 37 percent to 21.9 million pounds.  India was a close second with its imports up 20 percent to 20.8 million pounds.

 

Meanwhile, shrimp prices continued to drop.  According to Urner Barry’s White Shrimp Index, the imported price per pound for all shrimp imports in January was $4.86 per pound.  This is down 13 percent compared to January 2014, a $0.75 decline.  Imported prices were also down 11 percent in December 2014 compared to the prior year.

 

Urner Barry is a business publisher specializing in the timely, accurate and unbiased reporting of market news and quotations to clients in the poultry, egg, meat, seafood and related segments of the food industry through a variety of print and non-print media.

 

The Urner Barry White Shrimp Index is a representation of general conditions in the shrimp market.  It is not a reflection of any single item.  The shrimp index is calculated using an average of Urner Barry market quotations that are weighted based on import volumes.

 

Source: Seafood.com (an online, subscription-based, fisheries news service).  Editor and Publisher, John Sackton (phone 1-781-861-1441, email jsackton@seafood.com).  Thai Shrimp Imports to US Up Again in Jan; Prices Continue to Slide with Inventories Well-Supplied.  Michael Ramsingh (phone 1-732-240-5330, email michaelramsingh@seafood.com).  March 10, 2015.

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