Shrimp Farming Area in India Decreases, but Production Remains Stable
“Looking at two data points, we see that the production area has declined. The stocking density has also decreased, especially in the last 5 to 6 months. There have been continuous crop failures, significantly more than in previous years,” he stated.
“Therefore, considering these two factors, farmers have reduced their farming area and density. The sales of post-larvae (PL) may decrease.” However, this does not imply that the overall volume will decline. With this reduced density, we predict that the success rate will increase. This will maintain volume, even though farming intensity and density are decreasing.
He explained that as farmers reduce density, they need to farm on a larger scale to remain profitable. This will also contribute to maintaining volume. “As soon as you reduce density, the breakeven size becomes larger. It’s no longer 10 grams; it’s more like 15-18 grams,” he said. “That’s what drives the farmers' decisions, not market forces. Then, packers will adjust based on this.”
Willem van der Pijl, CEO of the Global Shrimp Forum Foundation, the organization behind GSF, forecasts that India’s shrimp exports will actually increase by 5% in 2024 to reach 734,333 tons.
This contrasts with the prediction from Robins McIntosh, Senior Vice President of Charoen Pokphand Foods, who expects India's overall production to decline in 2024, despite an increase in black tiger shrimp output.
Source: vasep.com.vn
Ngày đăng : 17/10/2024
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