News last update:6 Aug 2012

China to become net importer of shrimp

China may soon be a net importer of shrimp. More than 80% of the Penaeus vannamei produced in China is consumed domestically.

Imports of shrimp are on the rise, and market analysts predict the trend will continue in the years ahead. Production of P. vannamei started to take off in 2000, and now 90% of the shrimp farms culture it.

Annual production is approaching a million metric tons a year, with just over 800,000 tons consumed by the domestic market.

(Source: The FishSite)

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