Global shrimp production decline: Opportunities and challenges for Vietnam
Global shrimp production is forecast to decrease in the first half of 2024, but consumption demand remains high, especially in the US and China. Vietnam proactively adapts to climate change, prevents diseases and improves product quality to maintain and develop the shrimp industry.
According to VASEP, global shrimp production is forecast to decrease in the first half of 2024, but consumption demand remains high, especially in the US and China. Countries need to proactively adapt to climate change, prevent diseases and improve product quality to maintain and develop the shrimp industry.
Although production is forecast to decrease compared to the previous year, Ecuador still maintains its leading position in global shrimp production. Small-scale farms face difficulties due to rising costs, while medium-sized farms tend to merge to increase competitiveness. Diseases remain a major challenge for the Ecuadorian shrimp industry, requiring effective management and prevention measures.
Shrimp production in Indonesia is stagnant due to many factors, especially disease problems. Improving farming techniques, especially disease prevention techniques, is essential for the Indonesian shrimp industry to develop sustainably.
Vietnam needs to proactively adapt to climate change, prevent diseases and improve product quality to maintain and develop the shrimp industry.
For India, the shrimp industry is making positive progress, expected to increase production by 10% this year. Low production costs thanks to low stocking density are an advantage for India.
In Thailand, the country focuses on producing high-quality, value-added shrimp for the domestic market. The trend of using genetics to improve shrimp breeds is gaining attention.
In Vietnam, the shrimp industry plays an important role in our country's seafood export. Vietnam has become the fourth largest shrimp supplier in the world; Shrimp products exported to about 100 countries. Every year, the shrimp industry contributes about 40 - 45% of the total seafood export value, equivalent to 3.5 - 4 billion USD; creating jobs for over 3 million workers.
Currently, Vietnam's shrimp industry faces many difficulties such as aging ponds, diseases, rising production costs...The TPD (white spot disease) epidemic is forecast to become more complicated, putting great pressure on shrimp production. Vietnam's shrimp industry needs radical solutions to overcome this situation, such as improving ponds, applying new technology, and effectively preventing diseases...
Mr. Phung Duc Tien, Deputy Minister of Agriculture and Rural Development, said that if the shrimp industry wants to develop, it must apply science and technology to production to create motivation to improve productivity and quality. This determines the competition of our country's shrimp with other countries in the world. However, production must focus on protecting the environment and reducing emissions.
Sharing the same opinion as Deputy Minister Tien, Mr. Le Quoc Thanh, Director of the National Agricultural Extension Center, hopes that in the coming time, farmers need to produce responsibly for the shrimp industry to develop: “We hope you will comply with the processes, regulations, standards and comply with product quality issues and market requirements. Otherwise, we cannot overcome the barriers of the international market and soon the domestic market. Domestic consumers today also demand necessary standards."
Source: Kinh Te Nong Thon Newspaper
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