EU Shrimp Imports in Q3 2024 9% Higher Than 2023. Year-Total 6% Ahead.

In September 2024, the EU imported 53,485 MT of shrimp, 13% more than in September 2023. This brings the Q3 total to 151,860 MT, 7% more than in Q3 2023, and the year total to 394,915 MT, 4% ahead of 2023. This shows that while imports in China and the US have been slow, the EU has been able to absorb more shrimp. Let’s look at some more details below.

Products

• Raw frozen Peneaus shrimp
  • September 2024: 33,395 MT +9% year over year
  • Q3 2024: +1% year over year
  • Year-total 2024: +2% year over year
• Value-added shrimp from Asia and Latin America
  • September 2024: 3,080 MT = +19% year over year
  • Q3 2024: +26% year over year
  • Year-total 2024: +13% year over year
• Argentinian shrimp (direct exports from Argentina to the EU only)
  • September 2024: 8,663 MT = +53% year over year
  • Q3 2024 = +43% year over year
  • Year total 2024 = +21% year over year

Markets and suppliers (HS030617 + HS160521/29)

• Southern EU top 5 suppliers from Azia and Latin America
  • Ecuador
    • September 2024: 13,703 MT = 0% year over year
    • Q3 2024: 0% year over year
    • Year total 2024: +8% year over year
  • Argentina
    • September 2024: 8,541MT = +55% year over year
    • Q3 2024: +42% year over year
    • Year total 2024: +21% year over year
  • Venezuela
    • September 2024: 4,013MT = +3% year over year
    • Q3 2024: -5% year over year
    • Year total 2024: -3% year over year
  • India
    • September 2024: 2,608 MT = +50% year over year
    • Q3 2024: +36% year over year
    • Year total 2024: +14% year over year
  • China
    • September 2024: 1,023 MT +43% year over year
    • Q3 2024: +49% year over year
    • Year total 2024: +30% year over year
• Western EU top 5 suppliers from Asia and Latin America
  • India
    • September 2024: 4,597 MT = +37% year over year
    • Q3 2024: +25% year over year
    • Year total 2024: +0% year over year
  • Vietnam
    • September 2024: 3,670MT = +13% year over year
    • Q3 2024: +22% year over year
    • Year total 2024: +17% year over year
  • Ecuador
    • September 2024: 1,830MT = +-2% year over year
    • Q3 2024: -24% year over year
    • Year total 2024: 0% year over year
  • Venezuela
    • September 2024: 1,625 MT +70% year over year
    • Q3 2024: +58% year over year
    • Year total 2024: +72% year over year
  • Bangladesh
    • September 2024:  1,056MT = +1% year over year
    • Q3 2024: -20% year over year
    • Year total 2024: -20% year over year