Shrimp production in India may drop by 15% in 2023, and the success rate of the second crop breeding is low

Published 2023년 9월 10일

Tridge summary

Willem van der Pijl predicts that Indian shrimp exports will decrease by 15% in 2023, citing a decline in brood shrimp imports as an indicator of declining production. Sree Alturi, a U.S. distributor, agrees with this prediction and believes that the reduction in production could be even greater depending on market prices. Meanwhile, Rajagopal Choudary Chitturi emphasizes the need for Indian farmers to reduce costs and boost domestic consumption to mitigate the impact of declining production.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Willem van der Pijl, co-founder of Global Shrimp Forum, predicts that Indian shrimp exports will drop to 632,802 tons in 2023, a decrease of about 15%. Van der Pijl said that there was no significant decline in India's export data in the first half of the year, but there are signs that India's imports of brood shrimp fell by 30% this year. "I believe that India's production will continue to decline because this phenomenon is reflected in the brood shrimp import data, which is the only public data that can speculate on India's production. In the first half of the year, India's imports of brood shrimp decreased by 30%. Without shrimp seedlings, supply, then production will be affected," Van der Pijl said. Sree Alturi, the U.S. distributor of Indian producer Devi Seafoods, believes that Van der Pijl's data are generally in the right direction, and exports will see a sharp decline. "The number of ponds held by farmers is very low, and we saw a downward trend in the ...
Source: Foodmate

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