Marine products export crosses USD 5 billion in 2013-14
Updated: May 30, 2014 03:50:56pm
New Delhi, May 30 (KNN) Breaking all previous records in terms of quantity, rupee value and USD terms, export of marine products has touched an all-time high of USD 5007.70 million during the financial year 2013-14.
“Exports aggregated to 9,83,756 MT valued at Rs 30,213.26 crore and USD 5,007.70 million. Compared to the previous year, seafood exports recorded a growth of 5.98 per cent in quantity, 60.23 per cent in rupee and 42.6 per cent growth in USD earnings respectively,” said an official notification.
“The unit value realization also reached to record high from USD/Kg 3.78 during 2012-13 to USD/Kg 5.09 during 2013-14 and recorded growth of 34.55 per cent. The increased production of L Vannamei shrimp has helped to achieve higher exports,” it said.
Frozen shrimp continued to be the major export value item accounting for a share of 64.12 per cent of the total USD earnings. Shrimp exports during the period increased by 31.85 per cent, 99.54 per cent and 78.06 per cent in quantity, rupee value and USD value respectively. There was all time high growth in unit value realization of frozen shrimp at 35.05 per cent.
The overall export of shrimp during 2013-14 was to the tune of 3,01,435 MT worth USD 3210.94 million.
As far as markets are concerned, USA is the largest market (95,927MT) for frozen shrimps exports in quantity terms followed by European Union (73,487 MT), South East Asia (52,533MT) and Japan (28,719 MT).
The contribution of cultured shrimp to the total shrimp export is 73.31 per cent in terms of USD. The export of cultured shrimp has shown tremendous growth of 36.71 per cent in quantity and 92.29 per cent in dollar terms.
The export of Vannamei has shown tremendous growth to 1,75,071 MT from 91,171 MT and USD 1,994.27 million from 731.01 million compared to 2012-13. The export of Vannamei recorded a growth of 92.03 per cent in quantity and 172.81 per cent in dollar terms. 44.59 per cent of total Vannamei shrimp was exported to USA followed by 17.07 per cent to EU, 16.54 per cent to South East Asian countries and 4.01 per cent to Japan in terms USD. Export of Black Tiger shrimp reduced from USD 521.33 million to 435.79 million and 61,177 MT to 34,133 MT compared to last year.
Fish, has retained its position as the principal export item in quantity terms and the second largest export item in value terms, accounting for a share of about 32.97 per cent in quantity and 14.15 per cent in USD earnings. Unit value realization of fish also increased by 21.65 per cent.
Export of Fr. Squid has shown growth of 15.98 per cent, 25.68 per cent and 10.78 per cent in terms of Quantity, Rupee Value in and USD terms. However it has shown decrease in unit value realization by 4.48 per cent. Fr. Cuttlefish recorded a growth of 8.34 per cent in quantity. Dried items have shown a positive growth in terms of rupee value by 21.72 per cent and in dollar terms by 9.86 per cent. Live items exports shown a growth by 16.17 per cent, 42.43 per cent and 26.81 per cent in quantity, rupee value and USD realization respectively compared to the previous year.
South East Asia continued to be the largest buyer of Indian marine products with a share of 26.38 per cent in terms of USD value realization. USA is the second largest market with a share of 25.68 per cent followed by European Union (EU) (20.24 per cent), Japan (8.21 per cent), other countries (8.20 per cent), China (5.85 per cent) and Middle East (5.45 per cent).
The exports to South East Asian Countries have shown positive growth by 11.47 per cent, 84.67 per cent and 62.72 per cent in terms of Quantity, Rupee value and US dollar terms respectively.
Exports to US had registered a tremendous growth of 19.94 per cent in quantity and 72.06 per cent in USD realization and is mainly attributed to the export of Fr. Shrimp which showed a growth of about 34.81 per cent in volume and 92.40 per cent in USD terms. Exports of Vannamei shrimp showed a tremendous increase in US market by 59.63 per cent in quantity and 135.71 per cent in USD realization.
Export to Japan registered increase in terms of USD by 10.30 per cent. Export of Frozen Shrimp increased by 7.38 per cent in quantity terms and 28.23 per cent in dollar terms.
Export to Middle East countries has shown good growth of 40.13 per cent, 43.65 per cent and 30.29 per cent in terms of quantity, value and dollar terms respectively.
Marine products were exported through 26 sea/air/land ports. Exports improved from Visakhapatnam, Chennai, Krishnapatnam, Tuticorin and Mangalore compared to the corresponding period during the last year. Pipavav is the major port in terms of quantity (25.27 per cent) and Visakhapatnam is the major port in terms of dollar value (22.59 per cent).
As far as the outlook for 2014-15 is concerned, MPEDA (Marine Products Export Development Authority) envisages target of USD 6.0 Billion for the year 2014-15. Increased production of L. Vannamei shrimp, quality control measures and increase in infrastructure facilities for production of value added items are expected to help in achieving this target. (KNN/ES)
“Exports aggregated to 9,83,756 MT valued at Rs 30,213.26 crore and USD 5,007.70 million. Compared to the previous year, seafood exports recorded a growth of 5.98 per cent in quantity, 60.23 per cent in rupee and 42.6 per cent growth in USD earnings respectively,” said an official notification.
“The unit value realization also reached to record high from USD/Kg 3.78 during 2012-13 to USD/Kg 5.09 during 2013-14 and recorded growth of 34.55 per cent. The increased production of L Vannamei shrimp has helped to achieve higher exports,” it said.
Frozen shrimp continued to be the major export value item accounting for a share of 64.12 per cent of the total USD earnings. Shrimp exports during the period increased by 31.85 per cent, 99.54 per cent and 78.06 per cent in quantity, rupee value and USD value respectively. There was all time high growth in unit value realization of frozen shrimp at 35.05 per cent.
The overall export of shrimp during 2013-14 was to the tune of 3,01,435 MT worth USD 3210.94 million.
As far as markets are concerned, USA is the largest market (95,927MT) for frozen shrimps exports in quantity terms followed by European Union (73,487 MT), South East Asia (52,533MT) and Japan (28,719 MT).
The contribution of cultured shrimp to the total shrimp export is 73.31 per cent in terms of USD. The export of cultured shrimp has shown tremendous growth of 36.71 per cent in quantity and 92.29 per cent in dollar terms.
The export of Vannamei has shown tremendous growth to 1,75,071 MT from 91,171 MT and USD 1,994.27 million from 731.01 million compared to 2012-13. The export of Vannamei recorded a growth of 92.03 per cent in quantity and 172.81 per cent in dollar terms. 44.59 per cent of total Vannamei shrimp was exported to USA followed by 17.07 per cent to EU, 16.54 per cent to South East Asian countries and 4.01 per cent to Japan in terms USD. Export of Black Tiger shrimp reduced from USD 521.33 million to 435.79 million and 61,177 MT to 34,133 MT compared to last year.
Fish, has retained its position as the principal export item in quantity terms and the second largest export item in value terms, accounting for a share of about 32.97 per cent in quantity and 14.15 per cent in USD earnings. Unit value realization of fish also increased by 21.65 per cent.
Export of Fr. Squid has shown growth of 15.98 per cent, 25.68 per cent and 10.78 per cent in terms of Quantity, Rupee Value in and USD terms. However it has shown decrease in unit value realization by 4.48 per cent. Fr. Cuttlefish recorded a growth of 8.34 per cent in quantity. Dried items have shown a positive growth in terms of rupee value by 21.72 per cent and in dollar terms by 9.86 per cent. Live items exports shown a growth by 16.17 per cent, 42.43 per cent and 26.81 per cent in quantity, rupee value and USD realization respectively compared to the previous year.
South East Asia continued to be the largest buyer of Indian marine products with a share of 26.38 per cent in terms of USD value realization. USA is the second largest market with a share of 25.68 per cent followed by European Union (EU) (20.24 per cent), Japan (8.21 per cent), other countries (8.20 per cent), China (5.85 per cent) and Middle East (5.45 per cent).
The exports to South East Asian Countries have shown positive growth by 11.47 per cent, 84.67 per cent and 62.72 per cent in terms of Quantity, Rupee value and US dollar terms respectively.
Exports to US had registered a tremendous growth of 19.94 per cent in quantity and 72.06 per cent in USD realization and is mainly attributed to the export of Fr. Shrimp which showed a growth of about 34.81 per cent in volume and 92.40 per cent in USD terms. Exports of Vannamei shrimp showed a tremendous increase in US market by 59.63 per cent in quantity and 135.71 per cent in USD realization.
Export to Japan registered increase in terms of USD by 10.30 per cent. Export of Frozen Shrimp increased by 7.38 per cent in quantity terms and 28.23 per cent in dollar terms.
Export to Middle East countries has shown good growth of 40.13 per cent, 43.65 per cent and 30.29 per cent in terms of quantity, value and dollar terms respectively.
Marine products were exported through 26 sea/air/land ports. Exports improved from Visakhapatnam, Chennai, Krishnapatnam, Tuticorin and Mangalore compared to the corresponding period during the last year. Pipavav is the major port in terms of quantity (25.27 per cent) and Visakhapatnam is the major port in terms of dollar value (22.59 per cent).
As far as the outlook for 2014-15 is concerned, MPEDA (Marine Products Export Development Authority) envisages target of USD 6.0 Billion for the year 2014-15. Increased production of L. Vannamei shrimp, quality control measures and increase in infrastructure facilities for production of value added items are expected to help in achieving this target. (KNN/ES)
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