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October 9, 2015

India

Production Expected to Drop 20% This Year

 

India expects a 10-20 percent drop in its farmed shrimp production this year.

 

In 2014-15, India farmed a record 353,000 metric tons of white shrimp (Penaeus vannamei), worth $5.16 billion, accounting for 67 percent of its seafood exports.

 

 “The prevalence of the microsporidian [disease] EHP in the shrimp farms has resulted in stunted growth in P. vannamei shrimp.  The survival rate among shrimp is also low.  We expect 10-20 percent fall in production,” said S. Muthukaruppan, president of the Society of Aquaculture Professionals in Chennai.

 

The disease has been found in the state of Andhra Pradesh, which produces nearly 70 percent of Indian’s vannamei exports.  In addition, earlier in 2015, there were stray occurrences of whitespot disease on farms.

 

The high cost of the feed and the spread of disease has caused some farmers to let their ponds lie fallow.  The cost of production is around $4.17 a kilo, which is more than farmers get for 40-50-count whole shrimp.

 

“In the last few months, the prices they were getting were low compared to the last year.  Of late, the prices have started moving up.  But it is doubtful whether there will be enough quantity to cash in on it,” said L. Satyanarain, president, All India Shrimp Hatcheries Association.

 

The price of 30-count shrimp ranged between $4.94 and $5.10 a kilo till last month compared with $7.23 earlier.

 

“Insufficient rains could have affected flushing in the farms,” said Muthukaruppan, adding that the disease can be reduced with proper water quality management.

 

 “The USA is holding a lot of inventory bought at high prices.  Hence, they were not buying much.  Europe is also not active in purchases.  Both the raw material and export prices have come down,” said V. Padmanabham, president, Seafood Exporters Association of India.  He expects 20-30 percent decrease in value of seafood exports this year.

 

India is helped by the fact that Thailand, Vietnam and China—all major producers of farmed shrimp—are suffering with disease problems.  Consequently, there is still a demand for Indian shrimp.  Indonesia is the only country, which has been unaffected by shrimp diseases.

 

Source: The FishSite.   Indian Shrimp Production Expected to Drop 20 Per Cent.  October 9, 2015.

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