Vietnamese shrimp price in US remains high compared to competitors
VOV.VN - The price of local shrimp within the US market remained higher in comparison to other countries last year, according to figures released by the Vietnam Association of Seafood Exporters and Producers (VASEP).
Statistics compiled by the US Department of Agriculture (USDA) indicate that the United States imported more than 897,000 tonnes of shrimp worth over US$8 billion last year, representing an annual rise of 24%.
Of the figure, the US imported over 88,000 tonnes of shrimp from Vietnam worth US$969 million, representing an increase of 33% in volume and 39% in value compared to the same period from 2020.
Last year witnessed the average price of shrimp imported into the US increase by 4% to reach over US$8.9 per kilo. In line with this, the price of Vietnamese shrimp in the fastidious market edged up 4% to US$11 per kilo, while the price of Ecuadorian shrimp also surged by 19% to US$7.43 per kilo.
Overall, the price of Vietnamese shrimp in the US is much higher than other countries, while the average shrimp price from regional peers such as India, Thailand, and Indonesia also saw a slight rise of 1%.
