The expected shrimp price crash has arrived. There may be a small near-term price correction, but, in the absence of an unforeseen disease outbreak, the low-price situation is here to stay. This will challenge the global shrimp industry in all parts of the value chain.
-Most key regions are expected to continue supply growth, albeit at a slower pace, due to a strong momentum in the industry. The lower profit pool, however, will discourage many investments.
-Nevertheless, investments in biosecurity, mechanisation, and professionalisation remain as important as ever in order to retain cost-competitiveness and prevent a new disease outbreak.
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