Shrimp Market Research Articles

Assessing the Competitive Advantage of Ecuador’s Shrimp Industry in the Global Market Using the Balassa Index for 2018–2022

Increased shrimp production in Ecuador might significantly boost the nation’s economic development while allowing for the sustainable exploitation of its natural resources. Business owners in Ecuador still require diagnostic tools for investment, marketing, and production planning. Therefore, this study aimed to evaluate the competitive position of Ecuador’s shrimp industry and direct competitors in the global shrimp market. Export data on shrimp from the International Trade Centre and Ecuador’s National Chamber of Aquaculture were used for the top five shrimp-exporting countries. The period 2018–2022 was chosen as the information was available at the start of the research. Balassa’s methodology was employed for the competitiveness analysis, and statistical analysis was conducted to validate the findings. The results show Ecuador has a significant competitive edge compared to its main rivals, Argentina, India, Indonesia, and Vietnam. This analysis indicates that Ecuador has the potential to win bigger market shares in the global shrimp trade despite being placed 70th and 97th, respectively, in the 2017–2018 Global Competitiveness Index and the 2018 Logistics Performance Index. Therefore, it is necessary to establish strategic production plans for Ecuadorian shrimp enterprises to adapt to the global shrimp trade demands and to advance production and supply chain technology so that Ecuador can access additional worldwide markets.

Analisis Usaha dan Pemasaran Pembenihan Udang Windu (Penaeus monodon) di HSRT Windu Tirta Samudra Desa Tanjung Limau Kecamatan Muara Badak

Tiger shrimp farming is an aquaculture business associated with the rearing of shrimp from egg hatching until they are ready to be harvested for consumption. The amount of tiger shrimp production is highly dependent on the tiger shrimp hatchery process. This study was conducted with the aim to 1) Calculate the income of tiger shrimp hatchery business, 2) Analyze the feasibility of tiger shrimp hatchery business based on the criteria of Revenue Cost Ratio (RCR), Break Even Point (BEP), Payback Period, Return On Investman (ROI), and 3) Describe marketing channels, marketing margins, and farmer share in shrimp hatchery business. The sample method used was purposive sampling and snowball sampling. The results showed that tiger shrimp hatcheries in HSRT Windu Tirta Samudra earned an income of Rp.43,313,992/month. Based on the criteria of RCR, BEP, ROI and Payback Period (PP) tiger shrimp hatchery business is feasible to continue and run. Marketing of tiger shrimp seed forms level 0 and level 1 marketing channels, with a margin of Rp.2/head on level 1 marketing channels, and the farmer's share obtained is efficient because it is above 60%.

Applications of high-intensity ultrasound on shrimp: Potential, constraints, and prospects in the extraction and retrieval of bioactive compounds, safety, and quality.

The global shrimp market holds substantial prominence within the food industry, registering a significant USD 24.7 billion in worldwide exportation in 2020. However, the production of a safe and high-quality product requires consideration of various factors, including the potential for allergenic reactions, occurrences of foodborne outbreaks, and risks of spoilage. Additionally, the exploration of the recovery of bioactive compounds (e.g., astaxanthin [AX], polyunsaturated fatty acids, and polysaccharides) from shrimp waste demands focused attention. Within this framework, this review seeks to comprehend and assess the utilization of high-intensity ultrasound (HIUS), both as a standalone method and combined with other technologies, within the shrimp industry. The objective is to evaluate its applications, limitations, and prospects, with a specific emphasis on delineating the impact of sonication parameters (e.g., power, time, and temperature) on various applications. This includes an examination of undesirable effects and identifying areas of interest for current and prospective research. HIUS has demonstrated promise in enhancing the extraction of bioactive compounds, such as AX, lipids, and chitin, while concurrently addressing concerns such as allergen reduction (e.g., tropomyosin), inactivation of pathogens (e.g., Vibrio parahaemolyticus), and quality improvement, manifesting in reduced melanosis scores and improved peelability. Nonetheless, potential impediments, particularly related to oxidation processes, especially those associated with lipids, pose a hindrance to its widespread implementation, potentially impacting texture properties. Consequently, further optimization studies remain imperative. Moreover, novel applications of sonication in shrimp processing, including brining, thawing, and drying, represent a promising avenue for expanding the utilization of HIUS in the shrimp industry.

Blue grabbing of the green crop fields: A development conundrum in southwest coastal Bangladesh

Blue grabbing of green crop fields for brackish water shrimp farming in southwest coastal Bangladesh has long been criticized for salinization, reduced crop production, occupational shift, migration, marginalization of farmers, increasing social conflict, income inequality, and unemployment. This socio-ecologically irresponsible farming system has been expanded to vast crop fields in southwest coastal Bangladesh over the last four decades. Business and policy people branded this export earning sector as the ‘White Gold’ industry, and they termed this massive farming shift as a ‘Blue Revolution’. However, the unplanned expansion of the low-yielding extensive shrimp farming is now neither competitive in the global shrimp market nor socio-ecologically sound. The current declining production trend, upcoming risks, reduced competitiveness, and the dismal prospect of the shrimp industry strongly call for a new land use policy supporting the reversion of shrimp farming into crop agriculture, and intensification, and modification of the existing extensive shrimp farm, where possible. This opinion article aims to draw policy attention to planning comprehensive crop zoning, enacting agricultural land protection and land use planning, and implementing integrated blue-green farming systems in southwest coastal Bangladesh.

Effects of Salinity Stress on Histological Changes, Glucose Metabolism Index and Transcriptomic Profile in Freshwater Shrimp, Macrobrachium nipponense.

Salinity is an important factor in the aquatic environment and affects the ion homeostasis and physiological activities of crustaceans. Macrobrachium nipponense is a shrimp that mainly lives in fresh and low-salt waters and plays a huge economic role in China's shrimp market. Currently, there are only a few studies on the effects of salinity on M. nipponense. Therefore, it is of particular importance to study the molecular responses of M. nipponense to salinity fluctuations. In this study, M. nipponense was set at salinities of 0, 8, 14 and 22‱ for 6 weeks. The gills from the control (0‱) and isotonic groups (14‱) were used for RNA extraction and transcriptome analysis. In total, 593 differentially expressed genes (DEGs) were identified, of which 282 were up-regulated and 311 were down-regulated. The most abundant gill transcripts responding to different salinity levels based on GO classification were organelle membrane (cellular component), creatine transmembrane transporter activity (molecular function) and creatine transmembrane transport (biological function). KEGG analysis showed that the most enriched and significantly affected pathways included AMPK signaling, lysosome and cytochrome P450. In addition, 15 DEGs were selected for qRT-PCR verification, which were mainly related to ion homeostasis, glucose metabolism and lipid metabolism. The results showed that the expression patterns of these genes were similar to the high-throughput data. Compared with the control group, high salinity caused obvious injury to gill tissue, mainly manifested as contraction and relaxation of gill filament, cavity vacuolation and severe epithelial disintegration. Glucose-metabolism-related enzyme activities (e.g., pyruvate kinase, hexokinase, 6-phosphate fructose kinase) and related-gene expression (e.g., hexokinase, pyruvate kinase, 6-phosphate fructose kinase) in the gills were significantly higher at a salinity of 14‱. This study showed that salinity stress activated ion transport channels and promoted an up-regulated level of glucose metabolism. High salinity levels caused damage to the gill tissue of M. nipponense. Overall, these results improved our understanding of the salt tolerance mechanism of M. nipponense.

Assessing the economic effects of the covid-19 pandemic on Swedish shrimp fishers

This paper explores the effect of the perceived risk of the Swedish people of Covid-19 on daily auctioned shrimp prices from the start of the pandemic to the end of the year 2021. This topic is of interest to see whether the government intervention in the shrimp market to aid fishers with possible losses was justified. The Swedish shrimp fishery was for a long time managed by Regulated Open Access, but in January 1, 2017, it was transformed to a Strong User Rights Fishery by the introduction of Individual Transferable Quotas (ITQs). We use empirical data from the period from 2018 to 2021. We find that auction prices were negatively affected by covid-19 cases by SEK 19.83/kg (−9.37%), and that fishers have suffered a loss of SEK 21.5 million.

Supply Chain Vulnerability and Resilience: A Case of Harvested Shrimp from Kerala, India

Recurrent natural disasters, the impact of economic turbulences, the COVID-19 pandemic and other factors have heightened concerns about constructing resilient systems. Supply chain weaknesses have been demonstrated in the past, encouraging the creation of preventative capabilities to retain competitiveness and respond to changes in both macro and local contexts. Examining the multiple risks presented in the culture and marketing of shrimp, as well as the measures taken by shrimp farmers to overcome the disturbances (producers of the group’s most valuable commodity), could provide insight into the current situation and aid in decision-making. Agility, distribution network structure, visibility relating producers to final consumers, communication between supply chain partners, sharing of benefits and uncertainties, global mapping and collaborative actions across supply chain partners were the drivers of supply chain resilience. Uncertainties associated with demand, supply, operational and environmental conditions were identified as supply chain vulnerability factors. The shrimp farmers maintain a balance between dependability measures and risks in the industry and continue the business, knowing that overcoming vulnerability could result in even higher susceptibilities.

An Analysis of Shrimp Culture Business in Nellore District, Andhra Pradesh, India

The study was taken to analyse the Shrimp Culture Business in Nellore district, Andhra Pradesh. The performance of the shrimp (Litopenaeus vannamei) culture business in terms of production, marketing, finance and also constraints faced by shrimp culture farmers was analysed. Aquaculture farmers were classified into small (1-2 ha), semi-medium (2-4 ha), medium (4-10 ha) and large farmers (>10 ha). The results revealed that the average gross income earned was Rs.31.91 lakh/ha/crop, Rs. 31.73 lakh/ha/crop, Rs. 31.79 lakh/ha/crop and Rs.32.57 lakh/ha/crop by small, semi-medium, medium and large farmers respectively. The net income per hectare per crop for large farmers (Rs.13.07 lakh) was highest followed by medium (Rs. 11.8 lakh), semi medium (Rs. 11.1 lakh) and small (Rs.10.42 lakh) shrimp culture farmers. Break-even prices revealed that small, semi-medium, medium and large farmers can choose to price one kg of shrimp above Rs. 256, Rs. 247, Rs. 239, and Rs. 228 respectively. The profitability ratio showed that Gross profit margin and net profit margin for large farmers were high when compared to small, semi-medium, medium and large farmers. Non-availability of good quality seeds and the high cost of feed were the major problems faced by the farmers in production. Fluctuations in shrimp price and insufficient market information were major marketing constraints faced by the farmers in marketing of shrimp.

Vulnerability Assessment of Pacific Whiteleg Shrimp (Penaeus vannamei) Farms and Vendors in Davao, Philippines Using FishVool

The impacts of climate change on shrimp aquaculture can vary widely and can have environmental and socioeconomic consequences. This study assessed the vulnerability to climate change impacts of selected small-scale shrimp farms of Penaeus vannamei and shrimpfish market vendors in the Davao region, the Philippines, using a modified Fisheries Vulnerability Assessment Tool (FishVool). Shrimp farmers and vendors were interviewed using two separate semi-structured questionnaires. A total of thirty-nine (n = 39) shrimp farmers and forty-eight (n = 48) market vendors from various market areas within the region were interviewed. Data regarding exposure (E), sensitivity (S), and adaptive capacity (AC) were collected following the FishVool parameters with modifications. Results revealed that the overall climate change vulnerability of the shrimp farmers was medium (M), where both exposure and adaptive capacity were low (L) while sensitivity was medium (M). In addition, the shrimp market vulnerability of the various sites examined revealed medium (M) scores for markets in Pantukan, Mabini, Tagum, Maco, Lupon, Davao City, and Digos, and high (H) vulnerability scores for the markets in Panabo and Sta Cruz. Overall, the study provided a better understanding of shrimp farming in relation to climate change impacts and vulnerability and provided information for future shrimp farm management, marketing, and climate change adaptation in the region.

Global markets and the commons: the role of imports in the US wild-caught shrimp market

The commons literature focuses heavily on rules and the behavior of resource users but places less emphasis on the returns to individual effort. However, for most resource settings, market conditions and associated resource prices are key drivers of exploitation effort. In a globalized world, import competition can strongly influence the incentives for individual resource users, a topic largely unexplored in the commons literature. Import competition is especially salient for seafood, one of the most internationally traded food groups. We analyze the US shrimp market, which was once dominated by domestic catches but is now mostly supplied by imports. For domestic producers (users of the commons), lower revenues result, while US consumers eat more shrimp at lower prices. Globalization changed the sources of price risk and compensation that domestic producers face and altered incentives to exploit the commons. In a market dominated by domestic supply shocks, the price response to a shock moderates the effect on revenue and effort. In a market dominated by imports, domestic shocks are buffered by import adjustments, while price movements are determined by global shocks. Despite losses for the domestic fishery, globalization creates new incentives to coordinate effort and capture price premiums determined in the global market.

PELATIHAN MANAJEMEN BISNIS SYARIAH DALAM BUDIDAYA UDANG HIAS DI DESA GUNUNG BUNDER I, KECAMATAN PAMIJAHAN, KABUPATEN BOGOR

Abstract
 Ornamental shrimp do one of the potential to be developed, one of which is conservation efforts are being made to increase production by optimizing it in the enlargement phase, this training activity is held which aims to increase the capacity of youth in ornamental shrimp cultivation and also to increase financial youth in Pamijahan, specifically in Gunung Bunder Village, this training is also assistance to youth through several stages, namely color treatment, enlargement, proper feed and output to the market. This activity is one of the youth services carried out by youth organizations in Pamijahan District. and students of the Sahid Islamic Institute of Bogor.
 Keywords: ornamental shrimp cultivation, ornamental shrimp market, youth economy.

APPLICATION OF THE STRUCTURE - CONDUCT - PERFORMANCE MODEL IN STUDYING THE MARKET OF VANNAMEI SHRIMP IN MEKONG DELTA

The study aims to analyze the vannamei shrimp market in the Mekong Delta by employing the model of Structure - Conduct - Performance (SCP). Descriptive statistics, Gini coefficient, Lorenz curve, and related methods were used in analyzing data and the results indicated that the market concentration of intermediaries was quite high, the market had no tendency to be monopolistic but competitive; and for the market performance, the gross profit of tier 1 agents was usually more stable than the one of tier 2 agents; however, for further development of the market, it is necessary to reduce the market concentration and move towards a perfectly competitive market.

Consumers’ Willingness to Pay (WTP) for Organically Farmed Fish in Bangladesh

AbstractThis study aims to assess the market potential for organically farmed shrimp. The rank-ordered logit model was employed to investigate consumer perceptions; the findings reveal that consumers prefer organic shrimp from mariculture, and inland-farmed shrimp to the coastal version. The willingness to pay (WTP) for conventional shrimp amongst consumers with low knowledge is less than that for organic shrimp amongst highly knowledgeable ones. In addition, the lower WTP for organic shrimp compared with safe shrimp amongst those with a medium knowledge level shows that the organically farmed shrimp market is lagging behind due to limited knowledge and confusion.

Pemasaran Udang Vaname di Tengah Hantaman Covid-19 di Desa Mootinelo Kabupaten Gorontalo Utara

This study discusses the marketing of vaname shrimp in the midst of the Covid-19 hit in Mootinelo village, North Gorontalo. The purpose of this study was to examine the factors and implications of the covid-19 pandemic in the marketing of vaname shrimp. This research uses descriptive methods, collecting observation data, interviews, and documentation. The results of this study indicate that: overall farmers in Mootinelo are 113 hectares, but farmers earn below-average income from sales due to limited shrimp marketing due to Large-Scale Social Restrictions (PSBB) due to the covid-19 pandemic, so that it has an impact on income from the farmers. In addition to covid-19, another problem is that shrimp are susceptible to disease and this has an impact on crop failure and low shrimp production, thus affecting their economic fulfillment.

Corn processed product development strategy in SMES industry in Gorontalo Province (Limboto Lake Flavour Shirmp Corn Stick at SMES Barakati)

The objectives of this study are to identify external and internal factors for the barakati IKM, and to analyse the development strategy of limboto lake shrimp flavoured corn sticks carried out by IKM which is located in Barakati Village. The research location is located at IKM Barakati, Barakati Village. the research method uses survey methods and the types and sources of data used are primary data and secondary data. The sampling technique used was purposive sampling technique or deliberate approach and data analysis in the study used SWOT analysis. The results of the study were the factors that influence the development strategy of limboto lake prawn-flavoured corn sticks in Barakati IKM, Barakati Village, Batudaa District, Gorontalo Regency, namely labour (HR), capital (financial resources), marketing of limboto lake shrimp flavoured corn sticks, para. customers and the existence of strong competitors in the world of the food business. The strategy of developing limboto lake shrimp flavoured corn sticks in Barakati Village, Batudaa District, Gorontalo Regency, which is in quadrant I which supports the progressive strategy or SO (strenght - opportunity) by using the strengths and opportunities you have to minimize the weaknesses and threats that exist so as to achieve progress.

Productivity of Vannamei Shrimp Cultivation (Litopenaeus vannamei) in Intensive Ponds in Tegal City, Central Java Province

The failure of tiger shrimp (Penaeus monodon) farming could make farmers stop their cultivation activities. As an alternative, vannamei shrimp cultivation gives hope for productive, profitable, and sustainable cultivation. The development of shrimp farming in Tegal City is carried out through simple methods, intensive technology, and the use of Busmetik technology or mini-scale shrimp farming on plastic ponds. The high demand in the shrimp market continues to encourage farmers to increase their productivity by increasing stocking density. The purpose of this study is to determine the performance of vannamei shrimp cultivation which is cultivated intensively including yields, survival rate (SR), feed conversion ratio (FCR), and shrimp growth in Tegal City, Central Java Province. The research was conducted from July to October 2019. The research method used was a case study with 16 plots of ponds, and the average area of the pond was 1000 m². Based on the results of the calculation, it can be seen that the average yield is 1,603 kg per pond with a stocking density of 100 fish/m², a survival rate (SR) is 85.6%, a feed conversion ratio (FCR) is 1.41 and the shrimp growth is 0.16 grams per day. Economically, based on the Benefit-Cost Ratio (B/C ratio) of 1.46, vannamei shrimp cultivation in Tegal City is profitable so that shrimp farming can be carried out sustainably.

Development of realtime surface modeling vehicle for shrimp ponds (ReSMeV-SP)

The global frozen shrimp export market in 2018 was recorded at US $ 17.2 billion or around Rp.232.2 trillion (exchange rate Rp.13,500/US$). Indonesia is one of the main exporters of frozen shrimp in the global market, to be exact, in fourth place after India, Ecuador and Vietnam. The export value of Indonesian frozen shrimp last year, according to Worldtopexports.com, reached US$ 1.3 billion or Rp.17.55 trillion. Indonesia’s frozen shrimp market share reaches 7.8%. Indonesia’s frozen shrimp export market includes, among others, the United States, Japan and European Union countries. Based on these data, shrimp farming is a promising sector, but shrimp farming is very much determined by water quality. Water quality in shrimp farming always changes. Many factors influence changes in water quality. Among them are the amount of dissolved oxygen, availability of phytoplankton as natural shrimp feed, the state of shrimp biomass, PH and temperature. These factors in the water must be within the standard boundary rank. Therefore, to achieve the production efficiency of the shrimp industry, it is necessary to automate water quality control. This study aims to develop the Real-time Surface Modeling Vehicle for Shrimp Ponds (ReSMeV-SP) Using Fuzzy Algorithm. The tool produced by this study (ReSMeV-SP) will use the same sensor as the ASV but with a different class classification, the research is no longer referring to coral reef standards but in this study the reference is the optimal water conditions to support the growth of Vename Shrimp. The test results show an accuracy rate of 92%, the hope is that the tools developed by the research will be able to realize precise Vename Shrimp farming, so that production efficiency and increased shrimp production can be achieved.

Assessing Transportation Logistics for White Shrimp (Nematopalaemon hastatus) Marketing Using ArcGIS Network Analysis

This study assessed transportation logistics for prospective consumers and marketers of white shrimp (Nematopalaemon hastatus) within a 500 km buffer to processing and marketing areas in Ondo State, Nigeria using ArcGIS network analyst tool. The result indicated that shorter routes between the towns and major shrimp market at Igbokoda provided buyers with a lower budget for logistics and product cost compared with higher budget computed for longer routes between the towns and Ugbonla waterside, Nigeria. However, due to lower price of smoked shrimp at processing areas, shrimp product would get to the towns/cities within the buffer per kilogramme at a lower cost compared to products directly sourced from marketing areas (Igbokoda). Thus a typical consumer/marketer within the buffer was expected to budget an average of $42-$110 (12,810-35,500) and $59-$123 (17,995-37,515) for 10.42kg of smoked shrimp from processing areas in a typical peak and off-peak month respectively. In the alternative, they are expected to budget an average of $50-$110 (15,250-33,550) and $60-$125 (18,300-38,125) to source same quantity of the species from Igbokoda in a typical peak and off-peak month respectively. Developing a shrimp market at Ugbonla waterside, Nigeria would open the community for more economic development and attraction due to easy accessibility to shrimping and processing areas. Therefore, prospective shrimp marketers and consumers within the 500km buffer who are interested in accessing this highly nutritional species and other aquatic products from the processing and marketing areascould be guided by this information for effective trade and marketing.

ANALISIS DAYA SAING EKSPOR UDANG BRATASENA ADIWARNA PASCA PEMUTUSAN HUBUNGAN KERJA PETAMBAK DAN PERUSAHAAN

The termination of the employment relationship between the farmers and the company has changed the shrimp farming pattern in Bratasena Adiwarna. Prior to termination of employment, Bratasena was the largest shrimp exporter in Indonesia. This study aims to analyze the competitiveness of Bratasena shrimp exports, after the termination of employment between farmers and companies. In addition, this research also aims to see the contribution of Bratasena shrimp exports in an effort to support the increase in shrimp exports in Lampung Province following the target of Lampung as the National Shrimp Granary. Data obtained by reviewing several primary and secondary documents and in-depth interviews with several sources, namely farmers, the head of the export division of PT. Central Pertiwi Bahari, as well as the Head of the Office of Marine Affairs and Fisheries in Lampung Province. This study uses a quantitative approach with the calculation of RCA (Revealed Comparative Advantage) to find the value of Bratasena shrimp export competitiveness and market share analysis to see the contribution of Bratasena shrimp exports to the increase in fisheries exports in Lampung Province. The results of this study indicate that the export competitiveness value is quite strong for Bratasena shrimp exports and the contribution of Bratasena shrimp exports to fisheries exports in Lampung Province is also quite large. However, after termination of employment between farmers and companies, the value of export competitiveness and contribution of Bratasena shrimp has decreased.
 Keywords: competitiveness, export, shrimp

Evaluation of Retail Markets and the Perception and Potential of Marketing Cultured Bait Shrimp

Of the total economic impact generated by the marine recreational fishing industry in the United States, the state with the largest contribution is Florida. Bait purchases can be a large portion of marine recreational angler expenditures. Despite this well-established industry, development of marine bait shrimp aquaculture to supply this significant market has been slow. Descriptive market information necessary to shape production and marketing strategies is lacking. The objectives of this project were to evaluate and describe the market for live marine bait shrimp in Florida and to assess the potential market for cultured bait shrimp. A survey instrument was designed and distributed to 224 bait shrimp retailers in 35 coastal counties of Florida. Surveys were developed to be concise and succinct, while still soliciting salient information vital to market evaluation. Bait shrimp retailer survey questions focused on business location, shortcomings of wild shrimp, preferred bait shrimp characteristics, quantities of bait shrimp sold, bait shrimp wholesale purchase prices, purchasing patterns as related to season and size, perceived bait shrimp market demand by region, perception of aquaculture, and interest in purchasing aquaculture-produced bait shrimp. A total of 98 surveys representing 31 counties were returned for a 43.8% response rate. Almost all respondents (95.9%) marketed live marine bait shrimp. The overall perception of aquaculture as a means to produce bait shrimp was 24.7% positive, 19.4% somewhat positive, 40.8% unknown, 9.7% somewhat negative, and 5.7% negative. Analysis of demand data by season for live marine bait shrimp suggests seasonal shortages exist for various size classes, with 50.6% of respondents saying they could sell more if supplied. These supply shortages could provide market share to aquaculture producers to supply retailers and possibly develop favorable pricing strategies during shortages. Compared with previous surveys conducted in Florida, the wholesale market price of live bait shrimp about tripled from 1997 to 2014. These survey results provide critical information to potential shrimp aquaculture producers seeking to enter the live marine bait shrimp market in Florida.