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Delving into the Ebb and Flow: Shrimp Production and Export Dynamics of India
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Manuscript ID: CoAS_SP1_15
Delving into the Ebb and Flow: India's Shrimp Production and Export Dynamics
Niraj Kumar and Soumyabrata Sarkar*
Abstract
The fisheries sector in India, particularly shrimp farming, is pivotal for economic growth, employing over 7 million people. However, the industry faces challenges from infectious diseases, incurring significant economic losses globally. Despite this, recent advancements in farming techniques and technology have propelled the Indian shrimp industry's productivity, quality, and global competitiveness. The market reached $7.3 billion in 2022, projected to grow at 11%, reaching $14 billion by 2028. Black tiger shrimp production declined due to disease issues, with a shift to Pacific white-leg shrimp, preferred for its resilience and productivity. Scampi production has surged, showing substantial growth potential. India, the world's fourth- largest seafood exporter, witnesses a steady increase in frozen shrimp exports, contributing significantly to the country's GDP. The sector's positive outlook is driven by increasing domestic and international demand, favourable geographical conditions, and a shift towards value-added shrimp products.
Keywords
Dynamics, Export, Production, Shrimp
References
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Dao, T. (2022). India’s shrimp sector struggling with impact of global inflation. Retrieved from https://www.seafoodsource.com/news/supply-trade/india-s-shrimp-sector-struggling-with- impact-of-global-inflation (Accessed on 10 December 2023).
MPEDA (2023). Marine Product Export Development Authority. Retrieved from https://mpeda.gov.in/?page_id=651 (Accessed on 08 December 2023).
Naik, B. V., Patil, S. V., Shirdhankar, M. M., Yadav, B. M., Tibile, R. M., Chaudhari, K. J., Wasave, S. M., & Yewale, V. G. (2020). Socio-economic profile of shrimp farmers of south Konkan region, Maharashtra, India. International Journal of Current Microbiology and Applied Sciences, 9(9), 1371-1380. https://doi.org/10.20546/ijcmas.2020.909.174
Patil, P. K., Geetha, R., Ravisankar, T., Avunje, S., Solanki, H. G., Abraham, T. J., Vinoth, S. P., Jithendran, K. P., Alavandi, S. V., & Vijayan, K. K. (2021). Economic loss due to diseases in Indian shrimp farming with special reference to Enterocytozoon hepatopenaei (EHP) and white spot syndrome virus (WSSV). Aquaculture, 533, 736231. https://doi.org/10.1016/j.aquaculture.2020.736231
PIB (2022). Press Information Bureau, Delhi. Retrieved from https://pib.gov.in/PressReleasePage.aspx?PRID=1802149 (Accessed on 10 December 2023). Suresh, A. V. (2020). How India became the world’s top shrimp producer. Retrieved from
https://www.globalseafood.org/advocate/how-india-became-the-worlds-top-shrimp- producer/(Accessed on 10 Decemebr 2023).
Vinay, A., Kumar, R., Rahangdale, S., Naveen Kumar, B. T., Abdul Azeez, P., & Kranthi Kumar, D. (2016). Indian seafood export: trends, forecast and market stability analysis. Indian Journal of Ecology, 43(SI:2), 793-796.
Available Online
30th March, 2024
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How to Cite the Article
Kumar N and Sarkar S. Delving into the Ebb and Flow: India's Shrimp Production and Export Dynamics. Chron Aquat Sci. 2024;1(10):175-181
Copyright
This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
Delving into the Ebb and Flow: India's Shrimp Production and Export Dynamics
