2018 global shrimp production forecast: India and Thailand reduce production; Vietnam and Ecuador in

2018-09-11

Last month, at the “Aquaculture Round Table Conference (TRAS)” held in Chiang Mai, Thailand, Robins McIntosh, Senior Vice President of CP Foods (CPF), made a forecast on the production of several major shrimp producing areas in the world in 2018. His analysis It is believed that the output of India and Thailand will decline this year, while Vietnam and Ecuador will maintain growth.


“In 2017, the Indian shrimp industry performed very well. In the first half of 2018, the production was also good. However, the price of shrimp continued to fall in the first half of this year, which seriously affected the enthusiasm of shrimp farmers. In addition, the problem of shrimp farming this year is also more serious than last year. After September, production will drop by 20% (compared to the same period last year)."

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“The small size of the Indian shrimp marketed this year (above) was caused by the disease problem. Vitiligo was discovered in the farms in the first half of the year. It was at the time of the decline in shrimp prices from March to April that some shrimp farmers harvested earlier. A series of'cascade effects'."

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"The increase in production in India depends entirely on the expansion of aquaculture area, and the breeding efficiency and technical level have not improved. However, some shrimp farmers are learning and applying new technologies, such as increasing density, reducing pond area, and reducing salinity."


"The cost of shrimp farming in India is also rising, and the problem of'slow growth' is becoming more and more prominent. Shrimp farmers must learn new technologies, such as large seedlings, pond filming, advanced oxygen enrichment and water treatment technologies."


"In 2017, India’s shrimp production reached 600,000 tons, with an output value of US$2.3 billion. But from the current situation, this year’s output should decline to less than 600,000 tons. If the market is optimistic and the European market opens up, Indian shrimp There is still room for growth in the industry. In 2022, India’s export target is 7 billion U.S. dollars. Some people are even more optimistic, thinking that it can reach 10 billion."


"Thailand's shrimp production this year is estimated to drop to about 300,000 tons." McIntosh said.


“Recently, Vietnam’s shrimp farming technology has improved. Many shrimp farmers have reduced ponds to smaller ponds, increased density, and increased water exchange rates. The production of Penaeus vannamei and Penaeus monodon will be close to 500,000 tons.” McIntosh said, “What about Ecuador? , I expect this year’s output will exceed 500,000 tons."

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