News 2023: Shrimp production in Bangladesh experiences a significant decrease

The decline in shrimp production is attributed to various factors, including reduced freshwater sources, viral attacks, reluctance among farmers to adopt modern methods, the quality of shrimp seeds, and drought conditions. Unusually low rainfall and higher-than-average temperatures have led to a dramatic increase in shrimp mortality rates across shrimp farms nationwide, partly due to a higher incidence of disease outbreaks. Losses in shrimp farming have caused many farmers in the region to abandon shrimp cultivation.

According to the Association of Frozen Food Exporters of Bangladesh, Bangladesh averaged over 30,000 tons of shrimp exports during the period from 2016 to 2020. However, by the middle of the current fiscal year, Bangladesh had only produced 13,592 tons of shrimp. Despite having a total of 38,892 shrimp farms nationwide, production rates have dropped to as low as 300 to 400 kg/ha, the lowest among all major shrimp-producing countries globally.

Higher livestock feed prices have also contributed to reduced profit margins. Furthermore, global demand has decreased, leading to a 24% drop in Bangladesh's shrimp prices during the current fiscal year. Due to the conflict involving Ukraine and Russia, major buyers of Bangladesh's shrimp, import volumes have been reduced.

In the past fiscal year, Bangladesh's total seafood exports reached $422.3 million (EUR 391.8 million). Frozen shrimp exports make up a significant portion of Bangladesh's total seafood exports, with an export value of $300.3 million (EUR 278.6 million).

To improve the situation, in 2021, the Bangladesh government approved the expansion of a pilot project for farming whiteleg shrimp. The Association of Frozen Food Exporters of Bangladesh has also called for government assistance to expand processing capabilities for value-added products, contributing to increased income for the industry.

Cre: vasep.com.vn

• Share: Dollar Spot Disease: Why Reinfection Happens Even After Proper Treatment

• WORLD AQUACULTURE 2025, INDIA — WHERE INNOVATION MEETS TRADITION A GLOBAL GATHERING FOR THE FUTURE OF AQUACULTURE

• Radioactive’ shrimp crisis: Indonesia grapples with contaminated industrial zone

• Trump's import tariffs cause shrimp prices in the U.S. to surge

• AQUA MINA APPRECIATES PARTICIPANTS OF THE 2025 LOGO DESIGN CONTEST – SPECIAL THANK-YOU GIFTS ARE ON THEIR WAY

• [RECAP] AQUA MINA Marks Vietnam’s Presence at the Land-Based Aquaculture Exhibition 2025 in Tokyo, Japan

• Aqua Mina successfully concluded its participation at the Land-Based Aquaculture Exhibition 2025 in Tokyo, Japan.

• Recap: Aqua Mina at the 15th Philippine Shrimp Congress – Joining the Shrimp Industry on the Journey Toward a Sustainable Future

• Land-Based Aquaculture Equipment Exhibition 2025 – Aquaculture Equipment Exhibition at Tokyo Big Sight

• Aqua Mina Successfully Concludes Its Participation at the 15th Philippine Shrimp Congress

• Indian shrimp faces major challenges from the new U.S. tax policy

• Sharing: Cà Mau expands the water recirculating shrimp farming model with zero wastewater discharge into the environment