Brazilian Shrimp Takes Refuge in the Domestic Market
BRAZIL Tuesday, June 16, 2026, 05:00 (GMT + 9)
Northeastern processing companies and cooperatives are shifting massive production volumes toward large southern and southeastern metropolises, developing value-added formats to mitigate the impact of low international prices and fierce competition from Asian and Ecuadorian competitors. SÃO PAULO – A market report published by the specialized portal Seafood Brasil outlines the profound operational restructuring being implemented by cooperatives and producers of whiteleg shrimp (Penaeus vannamei) in the country. The persistent stagnation of demand in European Union markets and intense price competition from Ecuadorian and Southeast Asian products have pushed international prices down close to production costs, driving a strategic redirection of exportable surpluses toward the domestic retail channel in the South and Southeast regions. Photo: AquaVita / FIS ... FULL STORY