APPENDIX III APPENDIX IIT 
Markets 
Domestic demand for shrimp has been strong; per Capita 
consumption has risen since 1960. 
Domestic consumer demand has been much greater than 
shrimp production in the United States; therefore imports 
Since the 1950s have been of importance to the domestic 
market. The amount of shrimp products imported in relation 
to U.S. landings grew significantly from 1954 to 1961. From 
1961 to 1974, for every pound of shrimp landed in the United 
Toa an additional pound or more was imported (except in 
In 1974 the United States imported a record 228.9 mil- 
IVOnePOUNdS RO: sShialmpmWwOGbEh nos 67.5 eli One impo rseSesaia 1975 
amounted to 201.5 million pounds worth $346.2 million. 
Shrimp is the major fish product imported with respect 
to value, accounting for 25 percent of the value of all 
imported edible fish products in 1975. Mexico supplied 40 
percent of the shrimp imports in 1975 with India and Panama 
being the other principal sources. The United States uses 
more than 25 percent of the total world shrimp production. 
In the Gulf and South Atlantic regions, average ex-ves- 
sel prices per pound increased steadily from 1965 through 
1972 (except 1967 and 1970), then jumped dramatically in 1973. 
Periodically, supply increments exceed consumption by 
a large margin and this can cause marketing problems. From 
1950 through 1968 there were four price breaks in shrimp 
markets. Each occurred during a slowdown in the national 
economy. 
--1954 - Resulted from increase in domestic landings of 
record levels. 
238 
