Market US shrimp imports 4 months of 2006

Market US shrimp imports 4 months of 2006 A general evaluation of the Organization of Fisheries Global Information (Globefish), US shrimp imports in the first four months of 2006 reached record levels, while operating domestic shrimp producers still progressing well. US shrimp imports from major markets such as Thailand, Indonesia, Ecuador and China continued to increase. Shrimp prices in the domestic market stabilized at a low level. Here are the specific recommendations of Globefish. - US shrimp imports remained uptrend In the first 4 months of 2006, US shrimp imports from the supply markets around the world remain bullish as the same period in 2005. The official statistics showed that by Globefish, shrimp imports America's time has increased over 12% from the record level of last year. The volume and value of US shrimp imports during the period from May 1-4 / 06 161 592 tonnes respectively to reach 1110.6 million, an increase of respectively 12% and 13% over the same period in 2005. Observers said it was "the situation of supply exceeding momentum". Market share of Thai shrimp, Indonesia, Ecuador and China in the US market in the first 4 months of 2006 accounted for 69%, up from 64% last year. Also, noteworthy that exports of Malaysian shrimp, Bangladesh, Peru and Cambodia share to the US during the period also increased. Unlike those countries, Vietnam's shrimp exports and India in the first 4 months of 2006 decreased 4% and in the order of 17% over the same period last year. Most notably Brazil's shrimp exports this time fell very sharply (89%) due to the country's shrimp industry is shifting focus to the European market. - Factors affecting the US shrimp imports Shrimp prices on the international market low activity also stimulates the US shrimp imports. However, the market of US shrimp imports in this period also affected by the organizational restructuring of some manufacturers and large domestic shrimp. Accordingly, large multinational companies as ConAgra US finally decided to abandon the seafood business, while two seafood processing company imported shrimp Singleton and Meridian was sold to the owner new. On the issue of imposition of anti-dumping shrimp by the US government, Globefish said, made a few changes in the tax rate applicable to companies exporting shrimp in 6 countries with the dumping rules. Southern Shrimp Association, the United States signed agreements with exporters from many countries including Vietnam, Thailand and Ecuador. - Products imported shrimp Main Most of the shrimp imported by the US in the first 4 months of 2006 have increased compared to the same period last year, including the products of high value shrimp increased most. Significant imports of frozen breaded shrimp and other frozen shrimp products in the period from January 1-4 / 06 of the US increased 24% respectively and 34% over the same period in 2005. However, the unit price Average import of these products decreased respectively 4% and 2%. + Shrimp headless shell: This is the main importer of shrimp in the US market (accounting for 44% of its imported shrimp). Market share in the US this kind of shrimp in 4 months of 2006 remained at a similar level to the same period in 2005. Imports of shrimp headless shell type 21/25 (child / kg) and over 70 but reduced but others, on the contrary, have increased. The average price for this type of shrimp has increased slightly over the same period in 2005. Due to declining imports to supply shrimp headless shell on 70 categories become scarce on the local market causing prices of the commodity in the month 1-4 / 06 has increased 10% over the same period last year. However, the average price of shrimp 21/25 and 15/20 type corresponding decreases of 7% and 4%. For this type of shrimp, the main supplier of the US market remains India, Mexico, Vietnam and Bangladesh, while Thailand, Indonesia, Ecuador is the country supplying the smaller shrimp. + Frozen shrimp peeled: Shrimp imports of American frozen peeled during months 1-4 / 06 has increased slightly over the same period of 2005. The commodity suppliers to the US market, most notably Thailand (27%), Indonesia (21%). Meanwhile, exports of frozen peeled shrimp Vietnam while on the sharp decrease compared with the same period last year. Frozen Breaded Shrimp +: This is the import of shrimp largest increase in the US market in the first 4 months of 2006 (up 24% compared to the same period in 2005, representing 10% of its exports). Compared with the same period of 2005, the average price of this type of shrimp has fallen 4%. Exports of frozen breaded shrimp from China and Thailand to the US market from June 1-4 / 06 increased by respectively 38% and 7% over the same period in 2005. China now accounts for 80% of shrimp tempura US imports of frozen while Thailand accounted for 13%. Imports of frozen shrimp tempura US from India and Indonesia while on also increased over the same period last year. - Production of domestic shrimp Although affected by the flooding occurred last year, but a new crop of Louisiana (starting May 5/06) were more likely to achieve good yields. In addition, the 2006/07 crop year of Mississippi shrimp also began on 06/07/06. In this season, the type of shrimp silver likely to increase, while the brown shrimp production tends to decrease. - Prospects The supply of shrimp to the US market tends to continue to rise, at least in the next few months when shrimp production situation of the new crop year commodity exporting countries promise going good. Plentiful supply while demand in the domestic market not many significant positive changes will cause prices to continue toetong time maintained at relatively low levels today. 

Source: market has, Globefish, Vietrade.

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