- Increase in Vannamei Farming Area & Production
- Massive Expansion
− Good Sign
− Largest Investments
− Many Players
− Multitude of Stakeholders - 2017 : Good year and stable price
− Influenced by major buying by China - 2018 : Positive and Optimism
- India’s stand out performance in VannameiShrimp
- Indian exports surge by 41% and a net increase of US $ 2.3 Billion (Rs.14,720 Crores) in 2017
- Likely to touch US $ 7 Billion by 2022 (But SEAI projects US $ 10 Billion)
- Growth in Andhra Pradesh, Gujarat, Orissa and West Bengal
Shrimp Crop Pattern and Harvest Size as of 2017
- March to May : <14 gm
- June to September : >20 ~ 25 gm
- October to December : 10 gm & 25 gm
- Consumers believe it is the harvest size in India
- But size harvest due to disease
Markets
- USA : Prefer medium size 17gm-20 gm
- EU : Need small size (fear of antibiotics)
- China: Any size
Issues in Market
USA
Very quiet since December 2017
Pick up after March 2018
Preference for Medium Size
EU
Good demand
EU Authority visit report still pending
China
– Shipment Port Haiphong in Vietnam
– Shipped from Haiphong to China
– Issues in Haiphong Port
– More than 40,000 c/s (10.8 kg x 40,000 = 432,000 kgs)
Message : India prices are coming down.
Price Trend for 2018
- Till March : Not much of a movement or increase / may be decrease.
- March – June : Price steady
- July – September : Price drop
- September – December : Price increase
* Buyers no longer speculate. * Steady supply assured.
Raw Material Price – 2016 & 2017
Shrimp Raw Material Price
Typical Production Cost Assessment – Good Crop
Typical Production Cost Assessment – Average Crop
Issues that influence profitability
- Disease : High influence
- Massive mortality : WSSV Distress Harvest
- Slow growth : EHP
* High FCR
* Low ABW
* Other cost (Power, Supplements etc.,) - Hopes to grow big size 30 C plus : moderate influence.
- Market Price : Low influence
- Seed and Feed : Negligible
Do’s & Don’ts to cope with market
- Higher density stocking (with adequate infrastructure) 60 pcs/m²
- Target size 14 ~ 17 gm (58 ~ 70 C)
- Plan for minimum 2 crops a year
- 70 days for 1 crop for 70 C
- Do not wait to grow big size
- Price drop in 20 gm plus will be high
Source : Society of Aquaculture Professionals (SAP)