GLOBEFISH - Information and Analysis on World Fish Trade

The COVID-19 pandemic will severely dampen global shrimp production in 2020. The shrimp farming season in Asia, which generally begins in April, is now set to be delayed until June/July. The situation has led to a general forecast of a 30–40 percent fall in farmed shrimp production in India during the 2020 farming season.

The pandemic has also significantly impacted shrimp demand in both domestic and international markets, with worldwide demand for both fresh and frozen shrimp declining significantly. Although there have been strong increases in grocery sales and takeout deliveries, overall consumption has declined. This trend is likely to continue for the rest of the year both in developed and developing markets.

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