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Bright prospects for the development of Thailand's shrimp industry

 Last Update: 2021-12-25
 Source: Internet
 Author: User

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According to a report by the Bangkok Post on December 14, the chairman of the Thai Shrimp Association stated that by 2022, shrimp exports will increase by 10% from the 160,000 tons forecast this year and 7% from the same period last year
.
And it is expected that this year’s exports may exceed 48 billion baht, an increase of 11% over 2020
.

Thailand’s shrimp exports in the first 10 months of this year increased by 4.
43% to 128,758 tons, an increase of 9.
42% compared to the same period last year
.
The increase in exports is mainly due to the increase in demand from China and Japan
.
The main export market for Thai shrimp is the United States, which accounts for 28% of total exports, followed by Japan with 23% and China with 14%
.

The Thai Shrimp Association urges the government to strengthen research and development to solve shrimp diseases, reduce production costs and provide soft loans to shrimp farmers and related entrepreneurs
.

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