Boston 2019: Still too much shrimp stock in US market, says Siam Canadian’s Gulkin, Even though shrimp consumption in the US is brisk, prices are still in the doldrums.

Tilapia prices are once more dropping in China after US importers built up stocks ahead of expected 25% tariffs on March 1, industry sources in China told Undercurrent News.

China imported a massive 71,227 metric tons of shrimp in the month of January worth $449 million, according to Chinese customs, begging the question: is China now the world's largest importer of shrimp?

Indonesian shrimp has been price competitive so far in 2019, though India, Thailand, and Vietnam are expected to gear up production in the coming months, according to Jim Gulkin, CEO of Siam Canadian Group.