The country’s shrimp output this year may decline to around 60,000 metric tons (MT) from an average of 65,000 MT, as tepid demand and high input costs prompted producers to tweak their operations, industry players said. Chris Co, member of the Philippine Shrimp Industry Inc. (PhilShrimp), said total shrimp production this year may settle at 60,000 MT due to challenges brought about by the Covid-19 pandemic and rising input costs. “A lot of the farms on the ground adjusted their production levels, reducing stocking densities as a result of the lockdown and slow down in economy,” Co said during a virtual press briefing for the biennial 13th PhilShrimp Congress.

Arcalas, J. E. Y. (2021, November 11). Shrimp production seen falling to 60,000 MT. Business Mirror, p. B3.