Economic appraisal of Indian marine products exports – A decadal analysis for the period 2001 to 2021: Economic analysis of export performance of marine products

G. N.  Jeevitha; Krishna  Murari Singh; Nasim Ahmad; Prem Prakash Srivastava

doi:10.21077/ijf.2023.70.4.135622-19

Authors

G. N. Jeevitha Department of Agricultural Economics, Dr Rajendra Prasad Central Agricultural University, Pusa-Bihar
Krishna Murari Singh Professor (Agricultural Economics) and Dean, Post Graduate College of Agriculture, Pusa-848125, Bihar
Nasim Ahmad
Prem Prakash Srivastava College of Fisheries, RPCAU, Pusa

https://doi.org/10.21077/ijf.2023.70.4.135622-19

Keywords:

Growth, Instability, Marine export, Export performance, Crustacean, Molluscs, Frozen fish

Abstract

Fishing is an age-old practice and the fisheries sector is vital to India’s economy, which
contributes to the primary livelihoods of about 2.8 crores of fishers and many more along the
fisheries value chain. Fish and fish products constitute about 17% of India’s total agricultural
exports. The sector has been reckoned as a promising contributor to foreign exchange
earnings. The compound annual growth rates of exports and their instability from 2001 to
2021 have been worked out for crustaceans, molluscs and frozen fish. The study revealed
that the quantity of crustacean exports has grown at a comparatively high and significant
rate of 11.08% during the decade spanning 2011-2021 (Period-II) than during 2001-2010
(Period-I). The growth in unit value realised from the export of molluscs declined from
5.8% during Period-I to 2.8% during Period-II. The growth in unit value of frozen fish export
declined from 10.68% during Period-I to a slow growth rate of 0.11% in Period-II. The decline
in the growth of unit values in molluscs and frozen fish indicates a declining demand and, in
turn, a declining incentive for future exports from India.

Keywords:
Export performance, Foreign exchange earnings, Growth, Instability, Marine products

Author Biographies

G. N. Jeevitha, Department of Agricultural Economics, Dr Rajendra Prasad Central Agricultural University, Pusa-Bihar

PhD Student in the Department of Agricultural Economics, Dr Rajendra Prasad Central Agricultural University, Pusa-Bihar 848125
Krishna Murari Singh, Professor (Agricultural Economics) and Dean, Post Graduate College of Agriculture, Pusa-848125, Bihar

Professor of Agricultural Economics and Dean, Post Graduate College of Agriculture at Dr Rajendra Prasad Central Agricultural University, Pusa-848125, Bihar-India
Nasim Ahmad

Senior Technical Officer in the Department of Agricultural Economics at RPCAU, Pusa
Prem Prakash Srivastava, College of Fisheries, RPCAU, Pusa

Dean, College of Fisheries at Dr Rajendra Prasad Central Agricultural University, Pusa-848125, Bihar-India

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