U.S. Shrimp Import Decline Continues for 9th Straight Month
The trend has continued for U.S. shrimp imports. According to data released today by U.S. Census, shrimp imports have declined for the ninth straight month.
March 2023 imports fell by 23.2% compared to the previous year, and imports sit 18.3% lower year-to-date (YTD). Imports for the month reached 129.5 million pounds, down 39 million pounds from March 2022’s 168.5-million-pound mark. Through the first quarter of the year, shrimp imports have dropped by 89.3 million pounds.
As Urner Barry market reporter Jim Kenny pointed out...
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