Print This Page


September 23, 2015

Brazil

Ceará—Expects Big Growth

 

The shrimp farming industry in the state of Ceará, the largest shrimp producer in Brazil, generates $252 million annually and projects growth of 20 percent in value terms in 2015. 

 

Ceará hopes to close the year with production of 50,000 metric tons, equivalent to 66.7 per cent of the total production of farmed shrimp in Brazil, which is about 75,000 tons, according to the Brazilian Association of Shrimp Breeders (ABCC).

 

“Last year, Ceará production was 43,000 tons and this year we are projecting between 50,000 and 55,000 tons,” said Itamar Rocha, president of ABCC.  Rocha said almost all the country’s shrimp production is for the domestic market, but the high value of the USA dollar against the local currency encourages the industry to place more emphasis on exports.

 

Brazil produced 90,000 tons of shrimp in 2013 and 85,000 tons in 2014.  It has exported 58,000 tons in the past, but last year its sales abroad fell to just 270 tons.

 

“Our production is oriented towards the domestic market, and we want to return to the international market....  But we have to increase production.  We can not take the product off the domestic market, which was the one that saved the industry,” said Rocha.

 

While the level of shrimp production in Brazil today it is only enough to meet the requirements of the domestic market, Rocha argues that the country has the potential to be one of the main producers in the world.  As a comparison, he noted that Ceará has a coastline as long as Ecuador, which produces 330,000 and exports 277,170 tons of shrimp, generating $2.3 billion.

 

Source: FIS United States (editorial@fis.com).  Ceara Shrimp Industry Expects to Grow 20pc in 2015.  September 23, 2015.

Print This Page