The Global Scenario of India Seafood

india seafood

 

In the last 50 years, the fish eaters of the world have doubled. The seafood industry has changed beyond recognition. India's seafood industry is one of our biggest foreign exchange earners. Its turnover is around 9 billion dollars.

Crab is an India seafood product which has great potential as an export commodity. It is highly in demand in the export market. Crab exports currently bring in 46.2 crores. Also, there are the sea cucumbers, of which there are 200 species. 75 of them are found in shallow waters within a depth of 20 metres.

Shrimps and lobsters rank first among India seafood because of their great value in the global market. Crabs come a close second. Due to their increasing popularity crabs have made a name for themselves in the international market.

There are also some value added products which are useful for export and also the domestic market. Surimi is minced flesh of deboned fish used in fish sausages, fish cake etc. Countries like Thailand, Malayasia, Indonesia are gradually becoming steady exporters of this product. There are around 400 processing plants in India and out of this 160 are processing India seafood for export to the US.

Another new fish that is gradually making its presence felt in the US is the Tilapia. The cost of growing this fish in India is very low. The US Tilapia producers are unable to compete here. So tilapia now forms a part of India seafood.

The eggs of marine crabs have been found to be a good source of protein, glycogen and fat. They can be consumed directly or used in the preparation of sausages and protein concentrates. However this is a resource which has been unexplored.

From the 1960s, India started exporting processed items instead of dried ones. Developed countries started acquiring a taste for Indian marine products, which came to be known as India seafood. Earlier, India exported mainly to neighboring countries like Srilanka, Myanmar, Singapore etc. But as frozen and canned items became a prominent part of exports, affluent markets like USA, France, Australia, Canada and Japan became India's buyers. Modern machinery for freezing and canning were introduced at the processing plants.

The main buyer for frozen shrimp was the US. But after 1977, Japan became the principle buyer followed by the Western European countries, which had acquired a taste for India seafood. China imported fishes like the Ribbon fish, croaker etc.

During the 50s and 60s India exported dried fish. This scenario changed in the 70s when India shifted over to frozen and canned products. In the 80s frozen items became a primary factor in the Indian sea food trade. Japan showed a distinct preference for Headless Shell-on shrimp, USA wanted peeled shrimp meat and the European countries showed an inclination towards IQF shrimp in frozen and cooked form. The European countries along with Japan also took in Cephalopods, which is a part of the India seafood industry.

Andhra Pradesh and Orissa are important states for shrimp farming and India's shrimp export industry is booming in the International market.

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Copyright 2004 Siam Canadian Foods Co.,Ltd.
9th Floor, Suite 283/44, Home Place Office Building.
283 Thonglor 13, Sukhumvit 55
Kongton Nua, Wattana, Bangkok 10110,
THAILAND
Call us at +66-2-185-3311
Fax: +66-2-185-3317
e-mail : info@siamcanadian.com