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Most of the Brazilian shrimp production was purchased by bars, restaurants and hotels. (Photo: Stock File/FIS)

Outstanding growth in domestic shrimp consumption

Click on the flag for more information about Brazil BRAZIL
Tuesday, September 20, 2011, 22:50 (GMT + 9)

Per capita consumption of white shrimp (Litopenaeus vannamei) grew by 570 per cent in Brazil between 1999 and 2010, from 0.06 kg to 0.402 kg, according to a study published by Banco do Nordeste.

The report, Northeast Shrimp Farming Post-Crisis Recovery, also notes that last year's shrimp production increased more than 23 per cent compared to 2009.

The authors of the report, Luciano Ximenes, Maria de Fatima Vidal and Rita Ayres Feitosa, remember that the Brazilian shrimp industry has faced a crisis since 2004 due to the spread of infectious myonecrosis virus (INMV) and the anti-dumping duty applied by US on shrimp exports.

Also, at the end of that decade the industry had to deal with excessive rainfall, the crustacean price reduction and the competition of Asian countries, which had turned into shrimp vannamei farming.

As a result, shrimp shipments overseas from Brazil have become unviable.

This situation contributed to the decision of the Brazilian shrimp industry to direct most of their production for domestic consumption.

According to the available data, last year the domestic market accounted for 97.1 per cent of the national production. Most of that total was purchased by bars, restaurants and hotels.

The report of Banco do Nordeste also notes that the falling price of this product caused a change in the profile of domestic consumption.

After analyzing in particular the period 2000-2005, the report indicates that the changes in domestic and international prices of Brazilian shrimp were due to:

  • The entry of Brazil into the international arena;
  • The successive reductions in domestic and international prices;
  • The incorporation of new production areas;
  • The adoption of successful technological packages;
  • Government measures to encourage exports;
  • The devaluation of real (Brazilian currency).


By Analia Murias
[email protected]
www.fis.com

 

 


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