US supermarket shrimp prices drop; is it enough to ignite demand?

A noticeable bump in May shrimp imports could signal a second-half rebound.

Retail shrimp sales have been underwater for much of the last two years, driven by weak consumer demand, inflationary price increases and a clogged supply chain.
Retail shrimp sales have been underwater for much of the last two years, driven by weak consumer demand, inflationary price increases and a clogged supply chain.Photo: Colleen Michaels / Shutterstock.com
Published 17 July 2024, 18:20Updated 19 July 2024, 14:28
Farmed shrimpUnited StatesCircanaRabobankGorjan Nikolik