EU October Imports Increase 6% YoY. Year-Total Now 5% Ahead of 2023.

In October, the EU’s shrimp imports (HS030617+HS16021/29) reached 54,074 MT, almost flat compared to September 2024 but up 6% year-over-year. The year total has now reached 453,346 MT, up 5% year-over-year and only 1% less than in 2022, when the EU imported a record volume of shrimp. If this month's trend continues towards the end of the year, the EU will import 555,000 MT of shrimp, at par with the record of 2022.

Some details:

• Regions
  • Southern EU
    • October: 35,358 MT = +11%
    • Year-total: 289,645 MT = +7%
  • Western EU
    • October: 17,473 MT = - 4%
    • Year-total: 152.712 MT = 0%
  • Eastern EU
    • October: 1,243 MT = +30%
    • Year-total: 10,989 MT = +21%
• HS Codes
  • 03061792 (Raw Penaeus)
    • October: 30,443 MT = +5%
    • Year-total: 276,817 MT = +4%
  • 03061799 (Raw Argentinian red and Asian pink)
    • October: 15,400 MT = +11%
    • Year-total: 107,851 MT = +18%
  • 160521/29 (Value-added from Asia and Latam
    • October: 3,230 MT = +18%
    • Year-total: 29,028 MT = +16%
• Suppliers
  • Ecuador
    • October: 15,175 MT = +5%
    • Year-total: 148,347 MT = +7%
  • Venezuela
    • October: 3,238 MT = -25%
    • Year-total: 36,741 MT = +9%
  • India
    • October: 4,182 MT = +10%
    • Year-total: 35,933 MT = +6%
  • Vietnam
    • October: 2,709 MT = 7%
    • Year-total: 21,909 MT = +13%
  • Bangladesh
    • October: 2,048 MT = 38%
    • Year-total: 9,455 MT = -14%