'Great prices and momentum': It's boom time for the global shrimp farming industry

All major exporters are expected to increase supply in response to the strong global demand -- particularly in the US -- and rocketing prices.

Strong demand is driving up shrimp prices, which in return is prompting shrimp-producing countries to open up the spigot.
Strong demand is driving up shrimp prices, which in return is prompting shrimp-producing countries to open up the spigot.Photo: Shutterstock
Published 7 February 2022, 06:00Updated 7 February 2022, 14:02
RabobankGorjan NikolikFarmed shrimpUnited StatesEurope