Shrimp stats and stories

Despite facing a number of key challenges, Bangladesh’s monodon sector has an opportunity to position itself as a low carbon alternative to the more intensively produced vannamei that dominate global markets.

Global shrimp production is forecast to reach 5.7 million tonnes this year and 6.1 million next – up from 5.4 million in 2023 – according to Erwin Termaat, shrimp analyst at Kontali.

With nearly 30 countries and 10 especially popular shrimp species, a look at the European shrimp market provides a fascinating insight into cultural and culinary differences across the continent.

Black tiger shrimp are experiencing something of a renaissance, especially in India and China, but experts such as Kontali analyst Ida Skancke, and leading Indian shrimp farmer Dr Manoj Sharma note that producers would be foolish to write off vannamei.

Access to quality data analysis has proved a huge help to a range of players across the salmon industry but, given the volatile and fragmentary nature of the shrimp sector, forecasting shrimp harvests has always been seen as being notoriously difficult.