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Jun. 5--The improvement of shrimp farming in Brazil has raised concerns among Thai producers that Thailand might lose its share in the US market to the South American country.
Brazil's shrimp business has soared, earning US$155 million in 2001 compared with just $2.8 million in 1998, with promising export trends continuing, according to local industry experts.
Brazil plans to produce about 160,000 tonnes of shrimp by 2005, up from 60,000 tonnes in 2001, says Somsak Paneetatayasai, head of the Black Tiger Shrimp Farmers, Producers and Exporters Association.
He said Brazil's shrimp industry was quite developed withintegrated ventures that included ...