ANALYSIS: European Shrimp Imports Driven by Retail Demand
The European shrimp market continues to be met with major challenges, with recent restrictions particularly across Northern Europe dampening foodservice orders.
While the introduction of pre-departure COVID tests and health passes continue to weigh on tourism and restaurant trade, European retail orders for shrimp continue to drive import volumes.
European nations (EU and Non-EU members) imported a total of €3.24bn frozen shrimp (HS 030617) in the first nine months of the year, 17.43% higher than import values over the same period in 2020 and representing...
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