Trends

It's a seller's market, according to industry sources, because demand exceeds supply. A report, published in February, 2000 by the Bangkok Bank PLC Research Department pointed out that world shrimp demand in 1999 reached 2.1 million metric tons against supply of only 800,000 tons. The same report predicted that Thailand will remain the world's top producer and exporter. Reliable sources within the Thai Frozen Foods Association also see an upward trend for global demand of Thai frozen shrimp since the country's shrimp processors pack quality products that meet the standards of world markets.