Agriculture & Food

According to the observation of Huacheng Import and Export data, the production of farmed vannamei shrimp in India may decrease in 2022, and it may maintain a 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 manufacturer of shrimp fry, feed and animal health products, introduced that the situation of Indian shrimp farming this year is not optimistic, and the output will decrease by 8-12% compared with last year. , to about 800,000 tons. In 2021, India's production will exceed 900,000 tons.

Import and export data show that since March, the number of broodstock imported by India has dropped significantly, indicating a decline in production in the second half of the year. According to Kumar, “Overall, the macroeconomic situation is poor, 'diseconomies of scale' are emerging, demand is stagnant or declining, and the Indian aquaculture industry is also prone to disease. Import and export data show that India is becoming the world's first A country where shrimp farming is declining."

"In 2021, the frequent outbreak of Enterospora hepatis (EHP) is a major problem for the Indian shrimp industry. Many farms have lowered their seedling density, but the average size of shrimp has not increased," Kumar said.

Kumar said that in 2022, some Indian farmers will convert black tiger shrimp because this species can still grow in EHP-infected ponds. It is expected that the production of black tiger shrimp in India will be around 50,000 tons in 2022.

Import and export data also show that India is still the world's major shrimp farming country and one of the major potential consumer markets. India has great potential for coastal development. "The area of brackish water is as much as 1.2 million hectares, but the aquaculture area is only 200,000 hectares. India has a population of 1.3 billion, and with the development of e-commerce, shrimp consumption will increase from a small base. Import and export data show that at this stage, India's local shrimp consumption will gradually increase 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 HOSO products. "India has an advantage in transportation costs. The cost of shipping an Ecuadorian container to China is US$18,000-20,000, while India only needs US$5,000. If Ecuador wants to capture the North American shelled shrimp market, we must win the HOSO market in China."