Prawn traded as commodities are not luxury goods anymore…

With the increased race to the bottom on volume shrimp costs and the push for dominance of commodity raw material ingredients into shrimp feeds managed by only a few select number of players, shrimp farming is rapidly entering centre of the plate protein status.

Like chicken – commodity traded and thus not a luxury good anymore – available for all people.

This has created a seperate niche sub sector out of locally grown freshly supplied (non commodity) shrimp and this source still retains the mantle and status of a luxury good.

China‚Äôs ultra-fast economic recovery – let the prawn good times roll…

China consumption to take lead…

https://www.economist.com/finance-and-economics/2023/02/05/chinas-ultra-fast-economic-recovery

Prawn US demand still rising in 2023…same China…got a feeling ’23 is gonna be a good year…

https://www.seafoodsource.com/news/premium/foodservice-retail/lobster-shrimp-lead-restaurants-pre-lent-specials