Global shrimp trade in 2020 was characterized with good consumption and strong imports in the United States of America, the single largest world market for shrimp. By offering stable supplies at cheaper prices, Ecuador captured a larger shares of the US and European markets. In the second largest market, China, import declines were negligible from Ecuador but significant from Asian sources. Despite strong increases in Ecuadorian production, total world farmed shrimp production declined by 600 000 tonnes. Supply Affected by the COVID-19 pandemic, global production of marine farmed shrimp in 2020 was nearly 15 percent lower year-on-year. The decline was 20 percent from Asian sources but production increased by 22 percent in Latin America because of the significant rise in Ecuador’s harvest (+ 19 percent;705 000 tonnes).

Affected by the COVID-19 pandemic, global production of marine farmed shrimp in 2020 was nearly 15 percent lower year-on-year. The decline was 20 percent from Asian sources but production increased by 22 percent in Latin America because of the significant rise in Ecuador’s harvest (+ 19 percent; 705 000 tonnes).

This year, the aquaculture season in Asia started in March with positive prospects. In Latin America the main production season was over in February.