Recently, the price of imported frozen Vannamei shrimp in China started to increase. Importers and distributors in the second and third markets have raised the price of imported frozen: 1.4kg Semi-IQF Vannamei shrimp by 5-10 rmb per carton.
After 2-3 months of sharp decline in imports, importers and distributors expressed that the turning point is close.
The COVID-19 infestation cases detected on the outer packaging and container inner wall of imported Ecuadorian Vannamei shrimp had a big impact on the consumption of Vannamei shrimp.
However, as the China’s best-selling and most popular aquatic product, consumption of Vannamei shrimp has never stopped. Coupled with the upcoming National Day and Mid-Autumn Festival holidays, it is expected that the imported Vannamei shrimp market will rebound.