The Global Shrimp Market

Shrimp farming, harvesting, processing, as well marketing have experienced key significant growth during the past decade. In 1983, about 1,744,000 metric tons (live weight) was reported yearly. Global production of farm-raised species and ocean-caught and a projected 2,100,000 tons in was produced in 1988. This total was contributed to Nearly 100 countries.  Commercial quantities that were big enough to enter the international trade scene were produced by about 60 nations.  The Global shrimp market continues to grow due to its 54% utilization by the three prime markets: the United States, Japan and Western Europe of the world’s live weight production in 1988 and this is in contrast with 46% in 1983.

For the most part, Ocean shrimp resources have reached their greatest yearly limits in production. Shrimp farm streams have however, recently managed to provide additional supplies and this is set to continue. Cultured shrimps have an important role to play in the future market.  Indeed, even the recognized traits of the markets have been altered.

Global shrimp market has a leader known as the U.S as approximately 25% of the global annual supply is utilized by the U.S.  About 30-35% of the national shrimp supply requirements is produced by the U.S fishermen albeit heavy domestic production. Annual importation of large quantities of foreign caught fish is therefore required to supply this market.

And during the past two decades, there has been a significant change that has been shrimp farm 300x260 The Global Shrimp Marketexperienced in the annual shrimp production in the U.S., both from wild catch and from shrimp farming.  There is no likelihood either that there will be future increase in the total annual landings’ in the United States in the future, as there has been an overstretch to nearly all known shrimping grounds. Thus, the annual landings fluctuations of tropical shrimp are attributed principally to the rates of survival of each of the young shrimp.

No doubt that shrimp farming is here to stay and the numbers of shrimp produced are going to have to keep climbing to keep up with demand.  This spells significant opportunity, not only for nation’s in close proximity to the U.S., but for those with an entrepreneurial spirit right here in the states where the demand is.

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Freshwater Prawn Farming vs. Saltwater Shrimp Farming

Freshwater Prawn Farming is aimed at producing freshwater prawns for human consumption.  Some of the problems experienced in freshwater prawn farming are just similar to those experienced in marine shrimp farming. Exclusive problems are brought in by the life cycle development of the major kind like the giant river prawn known also as Macrobrachium rosenbergii. In 2003, the global annual fresh water freshwaterprawn 300x224 Freshwater Prawn Farming vs. Saltwater Shrimp Farmingprawn production excluding crabs and crayfish was about 280,000 tons of which some 180,000 tons were produced by China followed by Thailand and India each producing some 35,000 tons. Additionally, about 370,000 tons of Chinese river crab known also as Eriocheir sinensis were produced by China.  The United States however, particularly in the South, is a great location for both freshwater prawn farming and shrimp farms and many are beginning to take hold in these areas.

Saltwater Shrimp Farming is an incredibly resourceful way of producing shrimp for human consumption. Also, the shrimp pond’s conditions can simply be controlled more  than shrimp that is fished from the ocean. This is due to the fact that seafood can sometimes be contaminated by pollution.

 

  • Pond – The best pond is one that has a good clay amount and one which also has more salt.  Bedrock that is greater than three feet is what the pond should have.
  • Stocking- The pond needs to be managed more with every addition of shrimp. Aerators are the ones used to clean out the shrimp’s excretion.
  • Fertilizing – Phytoplankton is the shrimp main food and this can be increased through the addition of specific fertilizer to the pond prior to the shrimp introduction.
  • Construction- The construction of the pond is just by digging into prairies that usually have high content of clay. The pumping of the water into the ponds is through wells.
  • Shrimp Food- The shrimps are fed by specialized pellets that are made from plant and fish material.
  • Harvesting- To efficiently harvest the shrimp on a shrimp farm, the shrimp pond is drained. The storage of the shrimp should be on ice.

 

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Different Types of Shrimp Farms

Shrimp grow in different kinds of farms. As they enter the grow-out phase, the shrimps grow to maturity. The post larvae will then be transferred to ponds where they will be fed until they reach the size that are ready for market. It will take between three to six months when raised in shrimp farming before they will be ready for selling. Harvesting shrimps can be done by manually fishing them from the ponds with the use of nets or by draining the water from the pond to catch the shrimps. There are different types of shrimp farms that a lot of farm owners used.

 

First are extensive farms for shrimps. This kind of farm uses traditional low-density methods and it is commonly located on a coast or it is often found in the mangrove areas. The range of the pond is from a few hectares to a maximum of 100 Extensive 300x161 Different Types of Shrimp Farmshectares. The shrimps are stocked at low densities. They place two to three animals per square meter or 25,000 per hectare. The tides from the ponds can provide water exchange and the shrimps usually feed on the occurring organisms. Some owners open the gates and grow wild shrimps by impounding wild larvae. This kind of farm is very common to less developed countries where all the land prices are low. This kind of shrimp farm has low production costs, they are not labor extensive and advance technical skills are not required.

 

Second is the semi-intensive shrimp farm. These kinds of shrimp farms does not rely on tides like extensive farms. They use water pumps to change the water in the ponds and they provide a planned pond layout. The sizes of these ponds range from two to 30 hectares. The stocking density ranges from ten to 30 animals per square meter or almost 100,000 to 300,000 animals per hectare. Because of the density, the need for artificial feeding with the use of industrially prepared shrimp feeds and fertilizing the pond to grow naturally occurring organisms became very important in shrimp farming. Aeration is often required because of the huge quantity of animals on these farms.

 

Third is the intensive shrimp farm. This shrimp farm uses smaller ponds compared with extensive and semi-intensive. They also have higher stocking densities. These shrimp farms must be managed efficiently: they are aerated, water exchange is doIntensive 300x155 Different Types of Shrimp Farmsne frequently to remove waste products from the water and they maintain water quality and they also provide specially designed diets for the shrimps. These farms require advance technical infrastructure and professionals for constant monitoring of the condition of the ponds.

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