Bangladesh is ready to join the race for the South American white shrimp market

Bangladesh is considering following the vannamei culture trend, although the market is already highly competitive. However, Bangladesh still sees room for development of its own products. the Earlier this year, the government approved the cultivation of Penaeus vannamei. Based on this decision, Bangladesh plans to increase its production of Penaeus vannamei from zero to 30,000 tons in the next three years. In 2022, Bangladesh’s shrimp production Reaching 137,000 tons. Among them, black tiger shrimp production was 70,219 tons, freshwater giant shrimp was 54,352 tons, and wild-caught shrimp was 12,450 tons. the Currently, as the production of black tiger shrimp is gradually decreasing, processors in Bangladesh are facing difficulties in operating their plants. Therefore, Bangladesh now hopes to release the production of black tiger shrimp to meet the demand of the export market, while also meeting the demand with white tiger shrimp Demand in the domestic market. According to ...