India – The Future of Penaeus Vannamei Production
According to Anwar Hashim, managing director of Abad Fisheries and former president of the Seafood Exporters Association of India, most countries engaged in white shrimp (Penaeus vannamei) farming have seen production grow rapidly in the first few years and then see it slow down due to various factors. “In India, we are…experiencing resistance to further growth with farmers unable to get the desired size and quantity [of seedstock]. This may be due to factors like spurious seedstock, high density stocking, climatic change or stunted growth….,” he added.
A shrimp farmer from Nellore, India, said, “Demand for vannamei is surging, with global supply cut drastically…by the disease early mortality syndrome (EMS). Some hatcheries are even [selling]… smaller…vannamei due to the surge in prices. Spurious seedstock and broods are finding markets due to the demand.”
The Prawn Farmers Federation of India reports that by 2015 the area devoted to vannamei farming could increase to 150,000 hectares from the current 80,000 hectares, but the Federation is concerned that producers could eventually see profits decline as countries hit by EMS start to recover.
Rabobank, a leading global financial services provider with over $900 billion in assets serving more than 10 million customers worldwide, estimates Indian vannamei production could increase five-fold in the near future. It reports that India has the potential to increase shrimp production many times over its current production because of its large river systems accommodating climate.
India switched to vannamei from giant tiger shrimp (Penaeus monodon) because monodon has higher production cost and lower yields. According to exporters, vannamei costs $2.29 per kilogram to produce. Farmers can produce 20 metric tons of small to medium vannamei per hectare, but only 2-3 tons of large monodon per hectare. The survival rate on most monodon farms is about 40%, while vannamei’s survival rate is close to 95-98%.
Source: Seafood.com (an online, subscription-based, fisheries news service). Editor and Publisher, John Sackton (phone 1-781-861-1441, email email@example.com). Exporter Thinks India’s Vannamei Production Likely To Be Limited to About 400,000 Tonnes. Ken Coons (firstname.lastname@example.org). November 14, 2014. Image source: caa.gov.vn