-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
.
Jagdish Fofandi, chairman of the Seafood Export Association of India (SEAI), believes that the Indian shrimp industry is facing an increasingly severe situation, in addition to the competition from Ecuador, there are high shipping costs and strict foreign trade policies
.
.
“In the U.
S.
, India’s advantage is product processing, we have more mature value-added products (compared to Ecuador), but Ecuador has been catching up
.
From a trade point of view, Ecuador is likely to increase production, which is a huge challenge for other supplying countries.
It's a burden and we have to learn to adapt
," Fofandi said
.
S.
, India’s advantage is product processing, we have more mature value-added products (compared to Ecuador), but Ecuador has been catching up
.
From a trade point of view, Ecuador is likely to increase production, which is a huge challenge for other supplying countries.
It's a burden and we have to learn to adapt
," Fofandi said
.
"India's main disadvantage is freight
.
Before the epidemic, the cost of shipping a container of Indian white shrimp to the United States was about INR 15/kg, but now it has risen to INR 70/kg
.
Some international governments are trying to solve the freight problem, but it will not be until next year.
It may be difficult for us all to see a significant drop in freight rates, at which point there is nothing the associations and exporters can do
.
”
.
Before the epidemic, the cost of shipping a container of Indian white shrimp to the United States was about INR 15/kg, but now it has risen to INR 70/kg
.
Some international governments are trying to solve the freight problem, but it will not be until next year.
It may be difficult for us all to see a significant drop in freight rates, at which point there is nothing the associations and exporters can do
.
”
Global shrimp prices have generally risen by 22-25% so far last year, mainly due to a rebound in demand, Fofandi said
.
In 2021, India will export 734,000 tons of shrimp production, with an export value of $5.
72 billion, both of which set a record
.
.
In 2021, India will export 734,000 tons of shrimp production, with an export value of $5.
72 billion, both of which set a record
.
Fofandi said that in the next few years, India still needs to focus on the US market, at least in terms of market share as it is now
.
"Global production is increasing, Indonesia is growing, Vietnam is growing, Thailand is growing
.
We have more competition and our priority will be maintaining U.
S.
market share
.
"
.
"Global production is increasing, Indonesia is growing, Vietnam is growing, Thailand is growing
.
We have more competition and our priority will be maintaining U.
S.
market share
.
"
"In the Chinese market, India, like other countries, has the crux of the epidemic prevention agreement, which has not been solved so far
.
Many factories have been banned for a long time, and more than 100 Indian manufacturers have been delisted by China.
Although the Indian authorities have repeatedly negotiated with China, they have achieved results.
Very little
.
"
.
Many factories have been banned for a long time, and more than 100 Indian manufacturers have been delisted by China.
Although the Indian authorities have repeatedly negotiated with China, they have achieved results.
Very little
.
"
In Europe, the sampling frequency of Indian white shrimp is still higher than in other countries
.
"For us, the EU is a small market, accounting for only 4% of exports, but there is a lot of room for growth,
" Fofandi said
.
.
"For us, the EU is a small market, accounting for only 4% of exports, but there is a lot of room for growth,
" Fofandi said
.
“The European Union discriminates against our products.
Our sampling frequency is as high as 50%, compared
to 10% in Thailand and Vietnam.
Despite this, our return rate has not increased in the past four or five years
.
” Fofandi said, in addition , Vietnam and the EU signed a free trade agreement, the export of white shrimp will be more competitive
.
Our sampling frequency is as high as 50%, compared
to 10% in Thailand and Vietnam.
Despite this, our return rate has not increased in the past four or five years
.
” Fofandi said, in addition , Vietnam and the EU signed a free trade agreement, the export of white shrimp will be more competitive
.
"So I think the US market is more suitable for us
.
For the European market, we don't need to go all out.
On the one hand, it is sampling inspection, and on the other hand, it is qualification review
.
In the past four years, there are 14 factories in India waiting for Europe to lift the ban, many The factories have been upgraded with equipment, but they have not been recognized by the EU
.
The Indian government is also negotiating with the EU on this point,
" Fofandi said
.
.
For the European market, we don't need to go all out.
On the one hand, it is sampling inspection, and on the other hand, it is qualification review
.
In the past four years, there are 14 factories in India waiting for Europe to lift the ban, many The factories have been upgraded with equipment, but they have not been recognized by the EU
.
The Indian government is also negotiating with the EU on this point,
" Fofandi said
.
