Asia: Black tiger shrimp production is reviving, but there is no hope of replacing white shrimp in the short term

Published 2024년 4월 15일

Tridge summary

Black tiger shrimp farming, initiated in the 1980s, saw a decline due to disease outbreaks like White Spot Syndrome Disease in the 1990s, favoring SPF white shrimp farming. However, a resurgence in black tiger shrimp farming has been observed recently, thanks to advances in genetic technology and changing market demands, with production climbing from over 500,000 tons in 2018 to more than 600,000 tons in 2023. Asia, especially Vietnam, China, and Indonesia, leads in production, while India has become the top exporter in the last two years. Despite challenges such as the COVID-19 pandemic and increased operational costs, the industry's future looks promising, with expected continued growth, particularly in the broodstock market, though a short-term replacement of white shrimp is unlikely.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Black tiger shrimp farming began in the 1980s and quickly became the second largest farmed shrimp species in the world, second only to white shrimp. However, as diseases in wild populations increased, the outbreak of White Spot Syndrome Disease (WSSV) in the 1990s triggered a major change in the industry, and Asia began to turn to SPF white shrimp farming. This shift, coupled with pond disinfection measures, greatly increased production, and many farmers switched from wild black tiger shrimp to SPF white shrimp. However, the continued success of white shrimp farming has also led to oversupply in the market and falling prices. Nevertheless, in recent years, advances in genetic technology and changes in market demand have reignited people's interest in black tiger shrimp. According to statistics, the production of black tiger shrimp has increased from just over 500,000 tons in 2018 to just over 600,000 tons in 2023. What is the state of the black tiger shrimp market in 2023? Data ...

Source: Foodmate