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December 17, 2013

United States

Per Capita Consumption of Shrimp Drops

 

Per-capita shrimp consumption of shrimp in the United States dropped from a high of 4.4 pounds in 2006 to 3.8 pounds in 2012, according to the National Fisheries Institute.

 

Shrimp’s volatility is not news to those who have been in the industry for more than a decade. In the late 1990s white spot disease ravaged farms in Ecuador, causing a spike in prices. Those high prices then fell off a cliff when countries in Southeast Asia—in particular Thailand and Vietnam—ramped up production, followed by a slowing of the global economy after the terrorists attack on the USA in September 2001.  The price of 36/40 shell-on white shrimp, for example, fell from $6.75 a pound in August 2000 to $3.70 in October 2001.

 

Source: SeaFood Business.  Editor-in-Chief, Fiona Robinson (frobinson@divcom.com).  Top Story/Squeezed.  Melissa Wood (mwood@divcom.com).  Volume 32, Number 12, Page 18, December 2013.

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