During the financial year 2013-14, exports of marine products reached an all-time high of US$ 5007.70 million. Marine product exports crossed all previous records in quantity, rupee value and US$ terms. Exports aggregated to 9,83,756 MT valued at Rs. 30,213.26 crores and US$ 5,007.70 million. Compared to the previous year, seafood exports recorded a growth of 5.98 % in quantity, 60.23% in rupee and 42.6 % growth in US$ earnings respectively. The unit value realization also reached to record high from USD/Kg 3.78 during 2012-13 to USD/Kg 5.09 during 2013-14 and recorded growth of 34.55%. The increased production of L. Vannamei shrimp has helped to achieve higher exports.

 

 

 

 

 

 

 

 

 

 

 

 

 

Exports during 2013-14 compared to 2012-13 

Export details	2012-13	2013-14	Growth %
Quantity Tonnes	928215	983756	5.98
Value Rs.crore	18856.26	30213.26	60.23
Value US $ Million	3511.67	5007.70	42.60
Unit value (US$/Kg)	3.78	5.09	34.55

Major items of export

Frozen shrimp continued to be the major export value item accounting for a share of 64.12% of the total US$ earnings. Shrimp exports during the period increased by 31.85%, 99.54% and 78.06% in quantity, rupee value and US$ value respectively.  There was all time high growth in unit value realization of frozen shrimp at 35.05%.

The overall export of shrimp during 2013-14 was to the tune of 3,01,435 MT worth US$ 3210.94 million. USA is the largest market (95,927MT) for frozen shrimps exports in quantity terms followed by European Union (73,487 MT), South East Asia (52,533MT) and Japan (28,719 MT).

The contribution of cultured shrimp to the total shrimp export is 73.31% in terms of US$. The export of cultured shrimp has shown tremendous growth of 36.71% in quantity and 92.29% in dollar terms.

The export of Vannamei has shown tremendous growth to 1,75,071 MT from 91,171 MT and US$ 1,994.27 million from 731.01 million compared to 2012-13. The export of Vannamei recorded a growth of 92.03% in quantity and 172.81% in dollar terms. 44.59 % of total Vannamei shrimp was exported to USA  followed by  17.07% to EU,  16.54% to South East Asian countries and 4.01 % to Japan in terms US$. Export of Black Tiger shrimp reduced from US $521.33 million to 435.79 million and 61,177 MT to 34,133 MT compared to last year.

Fish, has retained its position as the principal export item in quantity terms and the second largest export item in value terms, accounting for a share of about 32.97% in quantity and 14.15% in US$ earnings. Unit value realization of fish also increased by 21.65%.

Export of Fr. Squid has shown growth of 15.98%, 25.68% and 10.78% in terms of Quantity, Rupee Value in and US$ terms. However it has shown decrease in unit value realization by 4.48%. Fr. Cuttlefish recorded a growth of 8.34% in quantity.  Dried items have shown a positive growth in terms of rupee value by 21.72% and in dollar terms by 9.86%. Live items exports shown a growth by 16.17%, 42.43% and 26.81% in quantity, rupee value and US $ realization respectively compared to the previous year.

The details of major items of exports are given in the following table

Item wise Exports April- 2013 to March- 2014
Q: Quantity in Tons,		V: Value in Rs. Crores,		$: USD Million
ITEM		Share %	Apr 2013-Mar 2014	Apr 2013-Mar 2014	(%) change
FROZEN SHRIMP	Q:	31	301435	228620	31.85
	V:	64.11	19368.30	9706.36	99.54
	$:	64.12	3210.94	1803.26	78.06
	UV$:		10.65	7.89	35.05
FROZEN FISH	Q:	33	324359	343876	-5.68
	V:	14.22	4294.81	3296.86	30.27
	$:	14.15	708.63	617.59	14.74
	UV$:		2.18	1.80	21.65
FR CUTTLE FISH	Q:	7	68577	63296	8.34
	V:	4.59	1386.98	1354.28	2.41
	$:	4.56	228.13	251.54	-9.31
	UV$:		3.33	3.97	-16.29
FR SQUID	Q:	9	87437	75387	15.98
	V:	5.73	1731.97	1378.08	25.68
	$:	5.68	284.60	256.90	10.78
	UV$:		3.25	3.41	-4.48
DRIED ITEM	Q:	7	67901	72953	-6.93
	V:	3.30	998.00	819.90	21.72
	$:	3.35	167.89	152.81	9.86
	UV$:		2.47	2.09	18.04
LIVE ITEMS	Q:	1	5080	4373	16.17
	V:	0.93	281.85	197.89	42.43
	$:	0.93	46.70	36.82	26.81
	UV$:		9.19	8.42	9.16
CHILLED ITEMS	Q:	2	19755	26868	-26.47
	V:	1.75	527.84	537.11	-1.73
	$:	1.77	88.48	99.87	-11.41
	UV$:		4.48	3.72	20.49
OTHERS	Q:	11	109212	112841	-3.22
	V:	5.37	1623.50	1565.78	3.69
	$:	5.44	272.34	292.86	-7.01
	UV$:		2.49	2.60	-3.92
TOTAL	Q:	100	983756	928215	5.98
	V:	100	30213.26	18856.26	60.23
	$:	100	5007.70	3511.67	42.60
	UV$:		5.09	3.78	34.55

 

 

Major export markets

South East Asia continued to be the largest buyer of Indian marine products with a share of 26.38% in terms of US $ value realization.  USA is the second largest market with a share of 25.68% followed by European Union (EU) (20.24%), Japan (8.21%), other countries (8.20%), China (5.85%) and Middle East (5.45%).

The exports to South East Asian Countries as shown positive growth by 11.47%, 84.67% and 62.72% in terms of Quantity, Rupee value and US dollar terms respectively.

Exports to US had registered a tremendous growth of 19.94% in quantity and 72.06% in US$ realization and is mainly attributed to the export of Fr. Shrimp which showed a growth of about 34.81% in volume and 92.40% in US$ terms. Exports of Vannamei shrimp showed a tremendous increase in US market by 59.63 % in quantity and 135.71% in US$ realization.

Export to Japan registered   increase in terms of US$ by 10.30%. Export of Frozen Shrimp increased by 7.38% in quantity terms and 28.23 % in dollar terms.

Export to Middle East countries has shown good growth of 40.13%, 43.65% and 30.29% in terms of Quantity, Value and Dollar terms respectively.

The details on major markets for Indian marine products are given in the following table.

Market wise Exports -  April- 2013 to March- 2014
Q: Quantity in Tons,		V: Value in Rs. Crores		$: USD Million
Country		Share %	Apr 2013-Mar 2014	Apr 2012-  Mar 2013	(%)
JAPAN	Q:	7.27	71484	76648	-6.74
	V:	8.16	2463.83	1999.59	23.22
	$:	8.21	410.95	372.57	10.30
USA	Q:	11.27	110880	92447	19.94
	V:	25.63	7744.67	4026.48	92.34
	$:	25.68	1286.04	747.45	72.06
EUROPEAN UNION	Q:	17.76	174686	158357	10.31
	V:	20.29	6129.69	4176.42	46.77
	$:	20.24	1013.28	777.41	30.34
CHINA	Q:	7.70	75783	87776	-13.66
	V:	5.85	1766.72	1444.86	22.28
	$:	5.85	293.12	269.47	8.78
SOUTH EAST ASIA	Q:	38.63	380061	340944	11.47
	V:	26.63	8046.59	4357.28	84.67
	$:	26.38	1320.95	811.80	62.72
MIDDLE EAST	Q:	5.90	58040	41419	40.13
	V:	5.29	1599.37	1113.34	43.65
	$:	5.45	272.65	209.26	30.29
OTHERS	Q:	11.47	112822	130623	-13.63
	V:	8.15	2462.40	1738.29	41.66
	$:	8.20	410.71	323.71	26.88
Total	Q:	100	983756	928215	5.98
	V:	100	30213.26	18856.26	60.23
	$:	100	5007.70	3511.67	42.60

Major Port wise Exports:

Marine products were exported through 26 sea/air/land ports.  Exports improved from Vizag, Chennai, Krishnapatnam, Tuticorin 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 dollar value (22.59%).

Outlook for 2014-15

MPEDA envisages target of USD 6.0 Billion for the year 2014-15. Increased production of L. Vannamei shrimp, Quality control measures and increase in infrastructure facilities for production of value added items are expected to help in achieving this target.

Marine products exports hit US$5,007.7 million in 2013 14, driven by frozen shrimp and Vannamei growth. Marine products exports in 2013 14 totaled US$5,007.70 million (983,756 tonnes), up 42.6% in dollar terms and 5.98% in quantity, with unit value rising to US$5.09/kg. Frozen shrimp dominated value (64.12%), shrimp exports reached 301,435 tonnes worth US$3,210.94 million, and Vannamei volumes and dollar earnings surged. South East Asia, the USA and EU were primary markets. MPEDA targets US$6.0 billion for 2014 15, citing Vannamei production growth, quality control and value addition infrastructure.