3 months ago
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The ongoing tensions successful the Middle East are not expected to person immoderate important interaction connected seafood exports from the state, Andhra Pradesh State Aquaculture Development Authority (APSADA) Co-vice Chairman Anam Venkataramana Reddy said during a property league astatine Fisheries Joint Director bureau successful Nellore connected Wednesday.
Provide guidance to the shrimp farmers successful the state, helium announced that lone astir 3–4% of India’s seafood exports are destined for Middle East countries done the Strait of Harmuz. The seafood containers to each different countries specified arsenic EU, USA, Japan and China spell unhindered done Red Sea-Suez canal, Cape of Good Hope route, and China oversea respectively.
The APSADA Co-vice Chairman informed that panic has arisen among immoderate aqua farmers owed to the ongoing tensions successful the Middle East, starring to concerns regarding seafood exports, and resulting successful tendencies toward premature oregon panic harvesting. He advised the farmers not to edifice to panic harvesting based connected unverified accusation oregon rumours.
He further said that the request from the US marketplace is expected to amended by the extremity of this month, peculiarly aft the upcoming Seafood Expo North America scheduled connected 15–17 March 2026 successful Boston. The US marketplace mostly offers bully request for shrimp sizes of 50 and 60 counts, which are commonly produced by farmers successful AP.
Thrashing the rumours connected shortage of shipping containers, Mr. Anam said that the US tariff connected Indian shrimp is astir 20%, including basal duty, anti-dumping work (ADD), and countervailing work (CVD), which is comparable to tariffs imposed connected respective competing countries, thereby maintaining India’s competitory presumption successful the planetary seafood market.
He further revealed that the ongoing commercialized negotiations betwixt India and the European Union for a Free Trade Agreement (FTA) are expected to heighten marketplace entree and further boost seafood exports from India successful the coming years. He asked the farmers to travel their planned aquaculture cycles and harvest schedules successful consultation with exporters and fisheries officials to get bully prices.
The authorities and the Department of Fisheries are intimately monitoring planetary developments and are successful changeless coordination with exporters, processing units, and different stakeholders to guarantee the creaseless continuation of seafood exports from the state. The farmers are requested to stay calm and proceed aquaculture operations successful a technological mode without believing the rumours.
