In particular, the farm-gate price of 60-size white shrimp with heads and shells on has dropped significantly to 130 baht per kilogram, equivalent to approximately US$3.54 per kilogram in U.S. dollars. This change indicates that the Thai shrimp market is undergoing a price adjustment, although the prices of 70 and 80 sizes have remained stable at 120 baht/kg (approximately US$3.26/kg) and 110 baht/kg (approximately US$2.99/kg) respectively. ), but the decline in the price of 60-size shrimp may indicate that the market may usher in further price changes in the future.

At the same time, Indonesia’s vannamei market is showing a completely different situation. According to the latest report, the price of 60-size shrimp in the country remained the third highest in the world in the 19th week, reaching US$4.01/kg, second only to China and Vietnam. This stable price performance highlights the strength of Indonesia’s shrimp industry and the robustness of the market.

In Andhra Pradesh, India, the price of 60-size Penaeus vannamei has also remained relatively stable at around US$3.20/kg, ranking fifth in the world. While prices are slightly lower than in Indonesia, the data still reflects the continued robustness of the Indian shrimp industry.

Ecuador, on the other hand, continues to dominate the global shrimp market with its low prices. The prices of 50/60 and 60/70 size White Penaeus vannamei are US$3.05/kg and US$2.75/kg respectively. Their strong competitiveness enables international consumers to enjoy high-quality seafood products with high cost performance.

Overall, the Penaeus vannamei markets in Thailand, Indonesia and Andhra Pradesh, India, each have their own characteristics, and their price fluctuations are affected by domestic supply and demand, as well as reflecting dynamic changes in the global market. These changes provide valuable market insights and strategic guidance to shrimp industry players in various countries.