Shrimp

'It's a terrible blow': Shrimp price collapse costs Ecuador shrimp industry $1 billion in 2023

A collapse in shrimp prices comes with Ecuador's industry already squeezed by the removal of a diesel subsidy late last year and spiraling feed and security costs to combat the threat of organized crime.

The industry needs to work to create programs aimed at stimulating demand in main markets similar to those that have benefited the meat, chicken, avocado and mango sectors in the United States, CNA Executive Director Jose Antonio Camposano said.
The industry needs to work to create programs aimed at stimulating demand in main markets similar to those that have benefited the meat, chicken, avocado and mango sectors in the United States, CNA Executive Director Jose Antonio Camposano said.Photo: CNA
Published 4 October 2023, 11:00Updated 4 October 2023, 13:06
Jose Antonio CamposanoCNAEcuadorFarmed shrimp