Delhi AQI4 min ago
How has the humble shrimp done this year; details here
- Written by ZeeBiz WebTeam
Published: Zee Business| Updated: Zee Business
Shrimp exports growth seen subdued this year: Stiff competition could result in a demand-supply mismatch and induce volatility in shrimp prices going ahead, said Icra report.
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1/77-10%- Shrimp export volume growth expected during CY2018-CY2019
Image source: Reuters
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2/717%- Export volume export growth witnessed during CY2013-CY2017
Image source: Reuters
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3/787% of export demand comes from US, EU, China, Vietnam
Image source: Reuters
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4/738% of shrimp is exported to the US
Image source: Pixabay
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5/711.6%- EU accounted for of total exports during 10 months period of FY18
Image source: Pixabay
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6/76.5% of total exports were made to Japan
Image source: Pixabay
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7/7“Going forward, Indian exporters face stiff competition from Ecuador, Indonesia, and Vietnam. A strong uptick in major shrimp production since CY2-2017 has intensified competition amongst leading global shrimp exporting nations,” Pavethra Ponniah, VP and sector head- Corporate Sector Rating. Image source: Pixabay
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