Ecuador’s shrimp surge could prove costly for farmers elsewhere
The meteoric increase in Ecuador’s shrimp exports is something the nation should rightly be proud of, with an astonishing 1.5 million tonnes expected this year. However, what’s good news for the country’s 3,300 – largely large-scale – producers is jeopardising the existence of hundreds of thousands of comparatively small-scale farmers in Asia. For, at a time of low shrimp prices and shaky global demand, only the most efficient farmers are able to cover their production costs. If, as experts at the Global Shrimp Forum ventured, Ecuador is able increase its output to 3 or even 5 million tonnes in the not-too-distant future, then it won't be long before shrimp farmers in the rest of the world need to consider other crops.
Would you like weekly insights from us? Sign up here, it's free! No spam, just seafood. Promised.
Editor's picks
The quest to become one of Zambia’s top tilapia producers
Ecuador set to hit 1.5 million tonnes of shrimp exports
The seaweed startup that’s tackling the plastic problem
In case you missed it
Sustainable Fisheries Partnership aims to reduce the impact of India's shrimp farms
Greek islanders question Avramar's plans to expand eightfold on Poros
Kingfish Maine gives high school students chance to test their RAS skills
HN Novatech secures $4 million for developing seaweed-based meat-alterative ingredient
Biotechnology companies collaborate in pursuit of large-scale microalgae production
Upcoming aquaculture events
Would you like weekly insights from us in your inbox? Sign up here, it's free! No spam, just seafood.