Growth Pattern and Competitiveness of Indian Shrimp Export Trade

Biradar R.S.; Fathima K.B.; Salim S.S.

doi:10.56093/ft.v43i1.16708

Authors

Biradar R.S. Central Institute of Fisheries Education, Versova, Mumbai
Fathima K.B. Central Institute of Fisheries Education, Versova, Mumbai
Salim S.S. Central Institute of Fisheries Education, Versova, Mumbai

https://doi.org/10.56093/ft.v43i1.16708

Keywords:

Shrimp, Competitiveness, Compound growth rate. Constant market Share (CMS)

Abstract

Shrimp is the world's most important commodity accounting for about 19 percent of international seafood trade in value terms. In India's export trade shrimp contributed about 29 percent in quantity and 67 percent in value in the year 2002-2003. The present study was an attempt to critically examine compound growth rate and competitiveness of Indian shrimp in international seafood market based on the data collected from FAO fisheries statistics database, MPEDA statistics and Globe fish commodity update. The results indicated that India has been quite competitive in the shrimp trade, although there is a decline in the competitiveness of Indian shrimp in recent years. On the other hand, Thailand has emerged as a strong contender recording an increased competitiveness over the years. Certain policy measures are suggested to sustain the competitiveness of Indian shrimp exports in international market.