NEWS UPDATES Huge increase in shrimp shipments 30 December 2014 India - With high prices, shrimp shipments now account for 78% of India’s total seafood exports. Global shortage of farmed shrimp continues to boost India’s seafood export prospects. After crossing the INR 30 000-crore (US$4.8 billion) mark last year, the shipments have shown nearly 30% rise till the end of July with vannamei shrimp bringing in a significant part of the revenue. Frozen shrimp now accounts for 78% of the total seafood consignments from India, up from 71% in the same period last year. Another notable feature is that exports to the European Union and Middle East have increased during four months. Seafood exports from India totalled 241, 600 mt valued at INR 9345 crore (US$1.523 billion) during the period April-July 2014. Though there is only a marginal increase in quantity, the value is up by 29%, indicating good prices for Indian shrimps industry. INFOFISH INTERNATIONAL 6/2014
Posted on: Tue, 30 Dec 2014 01:25:17 +0000
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