US tariff impact on volumes
50% tariffs on Indian shrimp exports to US have caused some customers to shift orders to other origins, potentially reducing US volumes.
APEX / Q2-FY26 / risks
Keep the risk register visible.
Apex Frozen Foods · Material risks, their source context, and severity in the latest available quarter.
Research layer active
ConCallIQ research layer
Signal, with the source still visible.
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Risk intelligence
Material risks this quarter
high
India-EU FTA timeline uncertainty
While management expects the India-EU FTA to conclude by end of 2025, delays could prolong tariff and non-tariff barriers for EU exports.
Selling price sustainability
Current high realizations may not sustain if tariffs are reduced or global shrimp prices correct, impacting revenue growth.
Disease outbreaks at farms
Seasonal diseases could disrupt shrimp supply and increase raw material costs, though no major outbreaks reported recently.