Exports of Indian shrimp

india shrimp

 

India is a major exporter of shrimp to the US. The US market is flooded with India shrimp, as there is immense consumer demand for India shrimp. Indian Black Tiger shrimp is highly appreciated in the US market. This Indian Black Tiger Shrimp is of better variety than the white vanami type found in the US. Indian therefore has a cutting edge over other exporters. This preference for this Indian variety is definitely something which India can cash on.

Although US has been a major importer of India shrimp, it was Japan who bought the higher grades. So, India earned a better revenue from Japan. The average grade of India shrimps like the 1620, 2125, 1791 etc which were priced at $5.35, $4.90 and $2 per pound, were sold at the US market. The upper grades like u/5, u/6 etc which were sold for $12 and $11.5 per kg were exported to Japan.

The main competition that India faces comes from Vietnam and Thailand. India is one score up because it can increase its production of India shrimp by extending the farming area. The production costs in India are also lower. Whereas because of the land crunch problem, Thailand is unable to extend its production. However, it would be impossible to match Thailand's production which was 8 times more than India. India's total shrimp export was 1,34,815 tons in 2002-03.

We can say aquaculture is farming fish and other aquatic organisms. This helps the livelihood of the poor, through food supply, employment and income. Shrimp farming is normally carried out by farmers who are better off and this contributes to 10% of the global production of India shrimp.

The fishery sector is India provides employment to about 12 million people in India. India ranks 2nd in the world's aquaculture. The most important method of fish production is inland aquaculture. The fish is harvested from rivers, tanks, reservoirs and lakes. The states mainly involved in inland aquaculture are West Bengal, Andhra Pradesh, Orissa, Tamilnadu, Madhya Pradesh, Karnataka, and Maharastra. The traditional species dominate Indian aquaculture but shrimps definitely have an important place also. India
shrimp production bring in a lot of export earnings and employment to India.

The shrimp culture in India has been commercially developed only in the last few years. Around 1.2 million hectares of land has been set aside for brakish water aquaculture, out of which 0.10 million hectares is under cultivation. There is extensive India shrimp culture in Andhra Pradesh, Tamilnadu, Karnataka, Kerala, Orissa, Maharastra, Goa, Pondicherry and West Bengal.

The shrimp culture has boomed in India mainly because of liberalization of economy, high profitability and a good international market. The government has highlighted shrimp culture of India shrimp because it increases exports and brings in foreign exchange reserves.

In order to boost the shrimp culture, the government has offered certain required items. Industrialists can now take on lease vast land area along the coast on favorable terms. Along with this financial institutions give liberal credit and the government also gives subsidies.

A research and development body caters to the India shrimp industry. A large number of the shrimp production now interests not only individual companies but also corporate bodies. Today cultured shrimp production is increasing and the production through capture is decreasing.

Shrimp culture is 100% export oriented. Japan is the largest importer of India shrimp followed by West Europe, Uk, Spain and Italy. So shrimp farming in India has a very definite positive effect on the Indian economy.

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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