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The climatic phenomenon has caused this species population to disperse since autumn 2023, affecting the catch rates of the artisanal fleet.

Among the measures planned by the Ministry of Production is the creation of a Network of Fisherwomen to enable them to generate income when they are unable to go to sea.

More than 50% of Ecuador's shrimp farms are located in flood zones, making them even more vulnerable to the imminent risk of El Niño effects.

"El Niño will intensify in the spring months, projecting into early summer in the southern hemisphere," said National Director of Sernapesca, Soledad Tapia.

IFFO - The Marine Ingredients Organisation has published its last report that shows global fishmeal and fish oil production trends in 2024.

Rabobank: "While Chinese demand may still be positive, high inventory levels and a slightly lower renminbi will dampen a shrimp price recovery."