Marine Products Exports from India Fetches a Foreign Exchange of USD 5.5 Billion in 2014-15
Marine Products
Exports from India Fetches a Foreign Exchange of
USD 5.5 Billion in 2014-15
During the financial
year 2014-15, exports of marine products reached an all-time high of USD
5511.12 million. Marine product exports crossed all previous records in
quantity, rupee value and USD terms. Exports aggregated to 10,51,243 MT valued
at Rs. 33441.61 crores and USD 5511.12 million. Compared to the previous year,
seafood exports recorded a growth of 6.86 % in quantity, 10.69% in rupee and
10.05 % growth in USD earnings.
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Export Performance
During 2014-15 compared to 2013-14
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Export Details
|
2014-15
|
2013-14
|
Growth %
|
|
Quantity in Tons
|
1051243
|
983756
|
6.86
|
|
Value in 10 lakhs
|
334416.06
|
302132.60
|
10.69
|
|
USD in '0000
|
551111.85
|
500769.75
|
10.05
|
|
Unit Value (USD/Kg)
|
5.24
|
5.09
|
2.99
|
Major items of export
Frozen shrimp
continued to be the major export item in the export basket in terms of quantity
and value, accounting for a share of 34.01 % in quantity and 67.19% of the
total USD earnings. Shrimp exports
during the period increased by 18.60%, 16% and 15.54% in quantity, rupee value
and USD value respectively. However unit
value realization decreased to 10.38 USD/Kg from 10.65 in 2013-14, a negative
growth of 2.59%.
The overall export of
shrimp during 2014-15 was to the tune of 3,57,505 MT worth USD 3,709.76
million. USA is the largest market (1, 12,702 MT) for frozen shrimp exports in
quantity terms followed by European Union (81,952 MT), South East Asia
(69,068MT) and Japan (30,434 MT).
The contribution of
cultured shrimp to the total shrimp export is 76.45% in terms of USD. The
export of cultured shrimp has shown positive growth of 21.66% in quantity and
15.53% in USD terms.
During 2014 -15
shrimp aquaculture has shown a tremendous growth (30.64%) and achieved highest
production (4,34,558 MT). Production of L. Vannamei increased by 41% to
3,53,413 MT. Black Tiger production remained stagnant at 71400 MT. Scampi
production increased by 32% to 7989 MT.
Major shrimp producing states have shown positive growth - Andhra
Pradesh 2,79,727 MT (+31%), Tamil Nadu 32,785 MT (+20%), Gujarat 30156 MT
(+182%), Maharashtra 4426 MT (+113%), Orissa 22539 MT (+56.13%).
The export of
Vannamei has shown positive growth of 2,22,176 MT from 1,75,071 MT and USD 2372.80 Million from 1,994.27
million, compared to 2013-14. The
export of Vannamei recorded a growth of 26.90% in quantity and 18.98% in USD
terms. About 42.77 % of total Vannamei shrimp was exported to USA followed by
20.46% to South East Asian countries,
17.45% to EU, 4.55% to Middle East and 4.18 % to Japan in terms
quantity. Export of Black Tiger shrimp has picked up from negative growth
during 2013-14 to a positive growth of 0.64% during 2014-15.
The downward trend in
unit value realization for L.Vannamei in USA and other markets started during
December 2014. The price has dropped
from 7.60 USD/pound during November 2014 to 6.95 USD/pound during December
2014. The trend continued till the end
of March 2015. It has recorded lowest of 5.90 USD/pound
during March 2015. Hence even though
export of total shrimp increased by 18.61% in quantity, USD realization value
has recorded only 15.55% increase.
Fish, is the second
largest export item, accounting for a share of about 29.44% in quantity and
11.24% in USD earnings. Fr. Fish shown negative growth of 4.60%, 12.02% and
12.55% in terms of quantity, rupee value and USD terms. Unit value realization
of Fr., fish also decreased by 8.34%.
Fr. Cuttlefish
recorded a growth of 20.09% in quantity, 32.17% in rupee value, and 31.81% in
USD terms. Unit value realization also increased by 9.76%. Export of Fr. Squid
has shown negative growth of 20.44%, 26.37% and 26.27% in terms of Quantity,
Rupee Value in and USD terms. It has also shown decrease in unit value
realization by 7.33%.
Dried item have shown
a positive growth in terms of quantity by 3.89% and in Rupee term by 1.22%, but
it has shown negative growth in USD terms by 1.41%. Live items exports have
increased by 8.03%, 6.97% and 2.25% in quantity, rupee value and USD
realization respectively compared to the previous year. Chilled items have
shown 59% increase in quantity. Unit value realization reduced by more than
25%. Other items like Surimi & Analogue products have shown a growth of
14.41%, 31.75%, 29% in quantity, Rupees and USD terms respectively.
Export of Value added
products during 2014-15 has been increased to 95,436 MT from 84,549 MT with a
growth of 12.88% and to 746.59 Million USD from 634.67 Million USD with a
growth of 17.63 %. The major contributor to the export of value added item is
Value Added Shrimp items with a share of 63.54% in quantity terms and 75.37% in
USD terms. EU is the biggest destination for the value added items. About
42.06% of total Value added products been exported to EU during 2014-15 in
terms of quantity and 32.82% in terms of USD followed by USA, South East Asia,
Middle East, China and Japan. The share of value added products to the total
export is 9.07 % in quantity terms and 13.54 % in USD terms.
The details of major
items of exports are given in the following table:
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Item wise Exports- 2014-15
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Q: Quantity in Tons, V: Value in Rs.
Crores, $: US Dollar in Millions
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ITEM
|
|
Share %
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2014-15
|
2013-14
|
Growth(%)
|
|
FROZEN SHRIMP
|
Q:
|
34.01
|
357505
|
301435
|
18.60
|
|
|
V:
|
67.19
|
22468.12
|
19368.30
|
16.00
|
|
|
$:
|
67.31
|
3709.76
|
3210.94
|
15.54
|
|
|
UV$:
|
|
10.38
|
10.65
|
-2.59
|
|
FROZEN FISH
|
Q:
|
29.44
|
309434
|
324359
|
-4.60
|
|
|
V:
|
11.30
|
3778.50
|
4294.81
|
-12.02
|
|
|
$:
|
11.24
|
619.66
|
708.63
|
-12.55
|
|
|
UV$:
|
|
2.00
|
2.18
|
-8.34
|
|
FR CUTTLE FISH
|
Q:
|
7.83
|
82353
|
68577
|
20.09
|
|
|
V:
|
5.48
|
1833.21
|
1386.98
|
32.17
|
|
|
$:
|
5.46
|
300.69
|
228.13
|
31.81
|
|
|
UV$:
|
|
3.65
|
3.33
|
9.76
|
|
FR SQUID
|
Q:
|
6.62
|
69569
|
87437
|
-20.44
|
|
|
V:
|
3.81
|
1275.25
|
1731.97
|
-26.37
|
|
|
$:
|
3.81
|
209.84
|
284.60
|
-26.27
|
|
|
UV$:
|
|
3.02
|
3.25
|
-7.33
|
|
DRIED ITEM
|
Q:
|
6.71
|
70544
|
67901
|
3.89
|
|
|
V:
|
3.02
|
1010.16
|
998.01
|
1.22
|
|
|
$:
|
3.00
|
165.52
|
167.89
|
-1.41
|
|
|
UV$:
|
|
2.35
|
2.47
|
-5.10
|
|
LIVE ITEMS
|
Q:
|
0.52
|
5488
|
5080
|
8.03
|
|
|
V:
|
0.90
|
301.51
|
281.85
|
6.97
|
|
|
$:
|
0.90
|
49.62
|
46.70
|
6.25
|
|
|
UV$:
|
|
9.04
|
9.19
|
-1.65
|
|
CHILLED ITEMS
|
Q:
|
2.99
|
31404
|
19755
|
58.97
|
|
|
V:
|
1.90
|
635.93
|
527.84
|
20.48
|
|
|
$:
|
1.90
|
104.71
|
88.48
|
18.34
|
|
|
UV$:
|
|
3.33
|
4.48
|
-25.55
|
|
OTHERS
|
Q:
|
11.89
|
124947
|
109212
|
14.41
|
|
|
V:
|
6.40
|
2138.94
|
1623.50
|
31.75
|
|
|
$:
|
6.38
|
351.31
|
272.34
|
29.00
|
|
|
UV$:
|
|
2.81
|
2.49
|
12.75
|
|
TOTAL
|
Q:
|
100.00
|
1051243
|
983756
|
6.86
|
|
|
V:
|
100.00
|
33441.61
|
30213.26
|
10.69
|
|
|
$:
|
100.00
|
5511.12
|
5007.70
|
10.05
|
|
|
UV$:
|
|
5.24
|
5.09
|
2.99
|
Major export markets
USA is the largest
market for Indian seafood products with a share of 26.46% in terms of USD
followed by South East Asia (25.71%), European Union (20.08%), Japan (9.11%),
other countries (8.58%), Middle East (6.04%) and China (4.02%).
Exports to USA had
registered a growth of 16.94% in quantity and 13.39% in USD realization and are
mainly attributed to the export of Fr. Shrimp which showed a growth of about
17.49% in volume and 12.87% in USD terms. Exports of Vannamei shrimp showed
increase in US market by 21.71 % in quantity and 15.44% in USD realization.
Exports to South East
Asian Countries have shown positive growth by 7.86%, 7.14% and 7.26% in terms
of Quantity, Rupee value and USD terms respectively.
Exports to European
Union have shown growth of 7.64%, 9.56% & 9.22% in terms of Quantity,
Rupee, & USD respectively.
Export to Japan
registered increase in terms of USD by 22.23%. Export of Frozen Shrimp
increased by 5.97% in quantity terms and 11.32 % in USD terms.
Export to Middle East
countries has shown good growth of 11.32%, 26.35% and 22.17% in terms of
Quantity, Value and USD terms respectively.
Export to China has
decreased drastically. The export has registered negative growth of 21.46%,
23.64% and 24.45% in terms of quantity, rupee value and US dollar terms. All
products including Fr. Shrimps, Fr. Fish, Fr. Squid, Fr. Cuttle Fish etc has
registered negative growth. Export of L. Vannamei decreased significantly by
47.45% in quantity and 44.82% in US dollar terms. The weaker economic condition
in China has lead to decrease in overall export to China.
The details on major
markets for Indian marine products are given in the following table:
|
Market wise Exports - 2014-15
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|||||
|
Q: Quantity in Tons, V: Value in
Rs. Crores, $: US Dollar in Millions
|
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Country
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Share %
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2014-15
|
2013-14
|
Growth (%)
|
|
JAPAN
|
Q:
|
7.49
|
78772
|
71484
|
10.20
|
|
|
V:
|
9.09
|
3040.26
|
2463.83
|
23.40
|
|
|
$:
|
9.11
|
502.29
|
410.95
|
22.23
|
|
USA
|
Q:
|
12.33
|
129667
|
110880
|
16.94
|
|
|
V:
|
26.41
|
8830.12
|
7744.67
|
14.02
|
|
|
$:
|
26.46
|
1458.24
|
1286.04
|
13.39
|
|
EUROPEAN UNION
|
Q:
|
17.89
|
188031
|
174686
|
7.64
|
|
|
V:
|
20.08
|
6715.58
|
6129.69
|
9.56
|
|
|
$:
|
20.08
|
1106.67
|
1013.28
|
9.22
|
|
CHINA
|
Q:
|
5.66
|
59519
|
75783
|
-21.46
|
|
|
V:
|
4.03
|
1349.00
|
1766.72
|
-23.64
|
|
|
$:
|
4.02
|
221.44
|
293.12
|
-24.45
|
|
SOUTH EAST ASIA
|
Q:
|
38.99
|
409931
|
380061
|
7.86
|
|
|
V:
|
25.78
|
8620.85
|
8046.59
|
7.14
|
|
|
$:
|
25.71
|
1416.82
|
1320.95
|
7.26
|
|
MIDDLE EAST
|
Q:
|
6.15
|
64608
|
58040
|
11.32
|
|
|
V:
|
6.04
|
2020.86
|
1599.37
|
26.35
|
|
|
$:
|
6.04
|
333.10
|
272.65
|
22.17
|
|
OTHERS
|
Q:
|
11.48
|
120716
|
112823
|
7.00
|
|
|
V:
|
8.57
|
2864.93
|
2462.40
|
16.35
|
|
|
$:
|
8.58
|
472.56
|
410.71
|
15.06
|
|
Total
|
Q:
|
100.00
|
1051243
|
983756
|
6.86
|
|
|
V:
|
100.00
|
33441.61
|
30213.26
|
10.69
|
|
|
$:
|
100.00
|
5511.12
|
5007.70
|
10.05
|
Major Port wise
Exports:
Marine products were
exported through 30 different sea/air/land ports. Exports improved from Vizag, Kochi, JNP,
Calcutta, Tuticorin, Krishnapatnam, and Mangalore compared to the corresponding
period during the last year. Pipavav is
the major port in terms of quantity (25.27%) and Vizag is the major port in
terms of USD (22.59%).
Outlook for 2015-16
MPEDA envisages
export of marine products worth USD 6.6 billion during the year 2015-16.
Increased production of L. Vannamei shrimp, diversification of Aquaculture
species particularly of Tilapia and Mangrove crab, Quality control measures and
increase in infrastructure facilities for production of value added items are
expected to help in achieving this target.
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