Read more about vannamei shrimp import trends in 2023:
Vannamei Imports in China from January to May
Vannamei Imports in China from January to June
Vannamei Imports in China from January to July
Vannamei Imports in China from January to September
Vannamei Imports in China from January to November
CHINA IMPORTS OF SHRIMP BY COUNTRY OF ORIGIN
Ecuador
With 2388 FCL, Ecuador remains the top exporter to China, although there is a reduction from the peak in March. Despite this decrease, the volume is still substantial, suggesting Ecuador’s strong foothold in the Chinese market.
India
At 668 FCL, India is the second-largest exporter for October. The figure represents a decline from September’s high, (801 FCL) yet India maintains a significant share of the market with 668 FCL. Overall the imports from India remain relatively consistent and close to an average of around 500 FCL per month.
Thailand & Vietnam
Thailand and Vietnam contribute comparatively smaller amounts, with Thailand peaking in May (141 FCL) and Vietnam in June (89 FCL) but their export volumes are quite modest in comparison to the leaders.
Saudi Arabia
Saudi Arabia has an erratic export pattern with a notable peak in March (127 FCL), but an average of around 50 FCL per month. While their exports are minimal in comparison to the leading countries they show little variation throughout the year, indicating a steady but small-scale trade relationship.
Thailand
The exports stand at 94 FCL, which is near the average range for the year. Thailand’s contribution is consistent but still considerably lower than that of Ecuador and India.
Peru
The exports are 37 FCL, which is among the lowest monthly figures for the country. This suggests that Peru’s presence in the Chinese shrimp market is minor compared to other countries.
In summary, October’s data reflect a general decline from previous months for most countries, which could be due to seasonal changes affecting supply or demand. Ecuador and India are the prominent exporters, while other countries like Thailand, Vietnam, Saudi Arabia, and Peru provide smaller quantities. There is still a remarcable number of minor exporters that collectively contribute a substantial amount to China’s shrimp imports.
ECUADOR IMPORTS TO CHINA BY PROVINCE
In October, the province of Guangdong led in shrimp imports with a total of 427 FCL (Full Container Load), indicating its significant demand for shrimp from Ecuador. Shandong followed, with imports amounting to 381 FCL. The data shows that Tianjin and Zhejiang also had substantial imports, with 352 FCL and 470 FCL respectively.
Beijing and Hunan had relatively lower volumes, importing 200 FCL and 125 FCL respectively. Hubei’s imports were minimal at 55 FCL, which may suggest a lower demand or better local supply.
Liaoning and Fujian provinces imported more than Hunan and Hubei, with Liaoning at 127 FCL and Fujian at 79 FCL. The rest of provinces or regions not individually listed, had a total import volume of 177 FCL.
This data can provide insights into regional demand for shrimp, logistic considerations, and possibly the economic activity related to seafood in these provinces for the month of October.
The data presents the evolution of shrimp imports by province in China across different months, leading to the month of October. By analyzing the trends, we can draw some conclusions about the behavior of shrimp imports over time and identify any anomalies or new trends for the month of October.
Guangdong Province
Starting strong in January with 588 FCL, there’s a noticeable peak in March at 908 FCL. This trend then fluctuates, reaching its lowest in April at 371 FCL, but rebounds to 700 FCL in August before dropping slightly to 427 FCL in October. Guangdong consistently remains one of the top importers.
Shandong Province
After a modest start in January with 215 FCL, Shandong sees a significant rise to 557 FCL in March. This upward movement is not sustained, as there’s a drop-off in the following months with occasional spikes, such as in September (633 FCL), and then a decline to 381 FCL in October.
Tianjin
The imports in Tianjin show less fluctuation, starting at 361 FCL in January and peaking in March at 722 FCL. The numbers remain relatively stable with minor ups and downs, ending at 352 FCL in October.
Zhejiang
Starting at 168 FCL in January, Zhejiang’s imports see a steady increase, peaking in May at 577 FCL. There’s a sharp decline in September to 358 FCL, followed by a recovery to 470 FCL in October, suggesting a resurgence in demand or a seasonal pattern.
Beijing
Beijing’s imports are the lowest among the listed provinces, with an inconsistent pattern, starting at 94 FCL in January and seeing an unusual spike to 245 FCL in May, then dropping significantly to 75 FCL in July, indicating a drastic change in import strategy. October shows an import volume of 200 FCL, which is higher than most other months.
Hunan and Hubei
Both provinces show minimal and inconsistent import volumes throughout the year, with Hunan not importing any shrimp in January and Hubei having zero imports in several months. October doesn’t present any remarkable change for these provinces.
Liaoning and Fujian
Liaoning has a modest beginning and end with slight peaks in between, particularly in July (224 FCL). Fujian starts at 71 FCL, peaks in March and July, and then lowers to 79 FCL in October, suggesting a relatively steady demand throughout the year.
Other Provinces
The rest of the provinces show fluctuations with the highest import volume in March (276 FCL) and a low in August (108 FCL). October sees a middle-ground import volume of 177 FCL, which does not indicate a clear trend.
New Trends in October
Zhejiang shows a strong recovery from September lows, which could be indicative of a new demand cycle or a restocking trend.
Beijing also exhibits an increase to 200 FCL after having 75 FCL imports in July and other low months, possibly indicating a renewed demand or a change in import policies.
The consistent decrease from peak months in Guangdong and Shandong could suggest a seasonal decline or a market correction after a period of high imports.
Overall, while some provinces show a decrease in imports in October, others like Zhejiang and Beijing are trending upwards, which could signal shifting market dynamics or seasonal influences in shrimp demand and supply.
INDIAN IMPORTS TO CHINA BY PROVINCE
For October, the highest volume of shrimp imports is to Guangdong with 253 FCL, followed by Zhejiang with 147 FCL. The lowest import volume is to Tianjin with just 15 FCL. Overall, all of the main import regions show a decline in volumes from September to October.
If we analyze the yearly trends, Guangdong consistently has the highest import volume, peaking in August with 267 FCL.
Zhejiang, Shandong, and Other regions show a significant increase in imports in September.
Fujian, Shanghai, and Guangxi have relatively stable low import volumes throughout the year, with Fujian staying the highest of the three in October with 50 FCL, but remaining relatively modest. This could be due to local preferences or sufficient local supply reducing the need for imports.
Shanghai’s imports peaked in April with 34 and June at 31 FCL and then decrease towards the end of the year.
This suggests seasonal variability and possibly regional preferences or demand patterns for shrimp imports. October seems to mark the beginning of a declining trend for most regions, which could be due to various factors including market saturation, end of a peak consumption period, or other economic factors affecting trade and consumption.
Read more about vannamei shrimp import trends in 2023:
Vannamei Imports in China from January to May
Vannamei Imports in China from January to June