Shrimp imports have fallen sharply, and India's shrimp production may fall by 10% this year, and will continue for several years at the 800,000 tons level in the future.
Author/ Tom Seaman
Compilation / Hu Luyi
Industry insiders expect that in 2022, india's farmed South American white shrimp may reduce production, or will maintain the level of 800,000 tons in the next few years.
During the first "Global Shrimp Forum", Ravi Kumar, manager of Vaisakhi Bio Marine, an Indian shrimp fry, feed and animal protection product producer, introduced that the situation of India's shrimp farming industry this year is not optimistic, and the output will be reduced by 8-12% compared with last year to about 800,000 tons. In 2021, India will produce more than 900,000 tons.
The data shows a significant decline in the number of broodstock imported from India since March (below), indicating a downward trend in production in the second half of the year. Kumar believes that "overall, the macroeconomic situation is not good, the problem of 'economy of scale' is emerging, demand is stagnant or declining, and india's aquaculture industry is also prone to disease." India is becoming the world's first country to decline in shrimp farming. ”
"In 2021, the frequent occurrence of hepatosporium (EHP) patients is a major problem in the Shrimp Farming Industry in India. Many farms have lowered the seeding density, but the average size of the shrimp has not increased. Kumar said.
Kumar said that in 2022, some Indian farmers will switch to black tiger shrimp because the species can still grow in ponds infected with EHP, and the production of Black Tiger shrimp in India is expected to be around 50,000 tons in 2022.
In the long run, India remains the world's leading shrimp farmer and one of the main potential consumer markets. Kumar believes that India has great potential for coastal development, "brackish water area of up to 1.2 million hectares, but only 200,000 hectares of aquaculture area." India has a population of 1.3 billion, and with the development of e-commerce, shrimp consumption will grow from a very small base. At this stage, India's local shrimp consumption will gradually grow to 40,000 tons, and once it exceeds 100,000 tons, it will grow exponentially. ”
For the Chinese market, Kumar believes that Indian companies must diversify and export more Lead Shell (HOSO) products. "India has a transportation cost advantage, a Ecuadorian container to China costs $18,000-20,000, India only needs $5,000. If Ecuador is going to conquer the North American hull shrimp market, we will have to win the HOSO market in China. ”