#shrimp export data

[exportimport12]

Discover the latest trends, market insights, and export data on India's shrimp industry in 2025. Explore top exporters, key markets, HS Codes, and how to find global shrimp buyers with Eximpedia.app.

[tradeimexdataprovider]

🌊 Vietnam’s Seafood Exports Surge in 2024 – What’s Driving the Growth?

Vietnam has emerged as the third-largest seafood exporter in the world in 2024, with seafood exports hitting an impressive $10.07 billion and expected to grow to $11 billion by 2025! 🐟🦐

The most in-demand products? ✅ Shrimp ✅ Pangasius (Tra Fish) ✅ Tuna ✅ Squid & Octopus

Top buyers include: 🇨🇳 China, 🇺🇸 USA, 🇯🇵 Japan, 🇰🇷 South Korea, 🇪🇺 EU countries.

Despite booming demand, the industry faces challenges like: ⚠️ Environmental concerns ⚠️ IUU fishing regulations ⚠️ Raw material shortages ⚠️ Global price competition

🔍 Dive deeper into market data, company rankings, and monthly export trends in the full report by TradeImeX:

👉 https://www.tradeimex.in/blogs/vietnam-seafood-export-statistics-2024-25

[tasos-perte-tzortzis]

Breaking News Business, Economy, Multimedia, Web Development, Science, World

[The world is about to realise that Louis Vuitton, Gucci and Dior are just rebranded Shenzhen factory products.] TechManiacs: Starlink: Incredible proposal in Ellas for everyone to try! GRTimes: A large company in Northern Ellas is under the hammer - Lockdown, auction coming, Varvaressos S.A. spinning mill MarketingDive: Google holds monopoly over key areas of ad tech, US judge rules OmegaLive: Gucci, Birkin, Nike in the… baskets: The Chinese threaten to “flood” the market with luxury goods at humiliating prices mThink: The 20 Best Partner Marketing Platforms of 2025. More affiliate marketing statistics. CNBC: OpenAI considering its own social network to compete with Elon Musk’s X WPMailSMTP: Unlock the Power of Email Logs. MarTech: Half of ecommerce brands lack the support to scale personalization effectively AIOSEO: 30+ SEO Hacks Guaranteed to Grow Your Traffic TheToc: AI dolls: The new craze that has swept social media, dragging celebrities, politicians, athletes ElegantThemes: How To Price Your WordPress Services in 2025 AdWeek: Two Lawsuits Allege The Trade Desk Secretly Violates Consumer Privacy Laws WealthyAffiliate: It All Starts With Your Vision of a Long-Term Business SearchEngineLand: Temu pulls its U.S. Google Shopping ads [Legislative interventions in e-commerce are coming.] SearchEngineJournal: Google Confirms That Structured Data Won’t Make A Site Rank Better DNews: Ellas’ Gambling Market Sees Strong Growth Amid Shifts in Player Behaviour MarTech: Businesses struggle to identify and capture revenue opportunities

[USAID (your tax dollars) was funding over 6,200 journalists across 707 media outlets and 279 ‘media’ NGOs including nine out of ten media outlets in Ukraine, WikiLeaks says. ] [The Secretary of Labor Lori Chavez-DeRemer confirms to President Trump that DOGE uncovered massive unemployment insurance fraud, with payments being sent to babies & non-existent people.] [DOGE has uncovered more than $630 million in SBA loans distributed to "borrowers" over the age of 115 or under the age of 11. The fraud is absolutely unreal] [President Bukele speaks about how the Federal Reserve finances the gov't by buying treasury bonds, and they buy the bonds by printing money out of thin air. The true purpose of taxes is deceit and to keep the working class poor and working. US Trade Tariffs Implications] YahooNews: Trump says there's a 'real chance' tariffs could replace income tax [GESARA] [IRS chief information officer Rajiv Uppal also resigned Monday — on the eve of tax filing day - GESARA] [United States has generated a total of $21 billion in tariff revenue since President Trump took office] Senate: Senator Mike Lee and Rep. Thomas Massie Introduce Bill to End the Federal Reserve [GESARA] MSNBC: U.K. prime minister says online content moderation could be part of trade talks with U.S. CryptoRank: El Salvador President Signs Law Eliminating Taxes on Technology Innovations [GESARA] AMG-News: The Real Financial Coup: The Day the Money Printer Was Silently Nationalized — How the Treasury Took Over the FED While the World Was Distracted by Lockdowns Reuters: Trump says he will provide more info on chips tariffs on Monday InfoWar: Global industry in the air. China freezes rare earth exports

Fotor: Best AI Photo Editors in 2024: Intelligent Image Editing Vecteezy: AI Reverse Image Search. Upload a source image and get conceptually related and fully licensable similar images for your projects.

AMG-News: The Greatest Show On Earth: ALERT ALERT ALERT! MORE THAN 200,000 ACTORS FROM CENTRAL CASTING USING CGI, AI, MASKS, AND VOICE MODULATION WERE USED IN THIS MOVIE [Urgent recall of Tiga glasses containing poisonous lead, G&M GmbH] [McDonald’s is forced to admit their frankenfood can cause cancer and birth defects.] [Girl Scout Cookies in court over heavy metals and pesticides] [Pavlidis Chocolates, Capsanthin, chemical pigment for cosmetics] [shrimps in which salmonella was detected, "BBQ Chicharricos" from the company Aperitivos Tapa S.A] [Costco rotisserie chickens contain known toxic agents, and are dipped in chlorine at the slaughterhouse.] [A Florida woman has been taken into custody after allegedly trying to sell human remains on Facebook Marketplace.] ["Bell" for dangerous preparation that promises to reduce cholesterol and blood pressure, product CARDIO A PLUS] Gazeteller: U.S. Navy Finds Children, Gold, and Bioweapons [Serious risk from popular protein bars from Biotech USA] [The most popular bottled water on the planet, Perrier, is contaminated with enterobacteria] [The pesticide that causes Parkinson's - Thousands of lawsuits against the manufacturer Syngenta that tried to hide the evidence, herbicide paraquat] TheEpochTimes: Idaho Governor Signs Bill for Ivermectin to Be Sold Over the Counter

Hot Deals

Enjoy the offers from the WMS network 🙂

Huge discounts, early-bird prices, amazing prizes, epic announcements, and hot deals from WebMarketSupport and its network.

Business-related, multimedia, and more.

WebMarketSupport News:

US Trade Tariffs Implications

Business Storytelling: Don't Sell, Take People On a Journey. Latest article. Comprehensive analysis and a sneak peek into the innovative storytelling framework "7ID StoryX". The "Story Odyssey" experience unlocked (inside the member's area). Just signup with your email to get access to all the upcoming releases.

Knowledge Economy Success Blueprint: Theory Hub: Jan 16, new subsection in the section “Info-Products” – Packaging and Pricing”. Workshop #12: Landing page development with the 7ID StoryX storytelling framework. Hidden book inside. A 4-hour workshop for ambitious business owners.

Upcoming:

WORKSHOP #13: Exclusive for members. Packaging and pricing for the 1st info-product in the numismatic industry. WORKSHOP #14: The Value-Led Revelation Launch. Live Challenge

Stay tuned for more!

Daily news only on WMS.

[cryolabltd]

Cryolab’s Cryogenic Solutions for Poultry and Aquatic Cryopreservation

Cryopreservation has become an indispensable tool in both agricultural and biomedical industries, particularly for poultry and aquatic species. From preserving genetic diversity to supporting large-scale aquaculture, the ability to safely store and transport biological materials at ultra-low temperatures plays a vital role. Cryolab’s cutting-edge cryogenic technologies, including the CryoNest® LN₂ Storage Series and CryoStork® Dry Shipper Series, offer unmatched reliability and innovation for these critical applications.

Preserving Poultry Genetics: Chickens and Ducks

In the poultry sector, the cryopreservation of chicken and duck sperm, embryos, and primordial germ cells (PGCs) is essential to safeguarding genetic resources and enhancing selective breeding programs. As poultry producers look to maintain valuable genetic lines or revive heritage breeds, Cryolab’s CryoNest® LN₂ Storage Tanks offer the ideal solution for long-term storage. These vessels provide stable temperatures of –196°C, critical for maintaining sample viability.

Transporting these materials between hatcheries or research centres is equally crucial. With Cryolab’s CryoStork® Dry Shippers, fertilised eggs, semen samples, or cryopreserved embryos can be moved securely without compromising the cold chain. Built for safety and longevity, these dry shippers ensure compliance with international transport standards for biological specimens.

Enabling Biomedical Innovation: Zebrafish Research

Zebrafish have become a cornerstone species in genetics and biomedical research due to their transparent embryos and rapid development. Laboratories worldwide rely on cryopreservation to maintain diverse genetic strains without continuous breeding.

Cryolab supports this effort with compact, highly insulated CryoNest® tanks suitable for lab use. Researchers can rely on low LN₂ evaporation rates and extended hold times for sample longevity. Additionally, the CryoStork® Dry Shipper Series offers secure sample transfers between research facilities, even across continents, ensuring that zebrafish embryos and sperm arrive in perfect condition.

Advancing Aquaculture: Salmon and Shrimp Preservation

In aquaculture, salmon sperm cryopreservation is used to enhance selective breeding, reduce disease risks, and improve hatchery efficiency. Likewise, shrimp farming benefits from sperm and embryo cryopreservation to stabilise production and improve biosecurity in hatcheries.

Cryolab’s CryoNest® Series provides high-capacity, racked storage for large-scale aquaculture operations, allowing the organisation of thousands of samples in a single unit. These tanks feature vacuum insulation technology and safety systems to ensure maximum reliability.

When samples need to be shipped between hatcheries or exported, the CryoStork® Dry Shippers provide optimal cryogenic conditions using LN₂ vapour phase technology. Optional data loggers help monitor internal temperatures in real-time, delivering peace of mind and full traceability during transit.

How Cryolab Supports Poultry & Aquatic Cryopreservation

With a strong foundation in IVF and biomedical cryogenics, Cryolab extends its expertise to poultry and aquatic preservation needs through:

CryoNest® LN₂ Storage Series – engineered for high-performance long-term storage of semen, embryos, and PGCs, available in multiple capacities.

CryoStork® Dry Shipper Series – safe, certified, and transport-ready solutions for global shipping of cryopreserved samples.

Enhanced Safety & Monitoring – with built-in insulation, pressure relief, and temperature logging options.

Compliance & Durability – CE, UKCA, and ISO-certified equipment built for rugged use and long service life.

Whether you’re preserving endangered duck breeds, transporting salmon semen, or maintaining zebrafish colonies for genetic research, Cryolab offers precision-engineered cryogenic tools that meet your needs.

Contact Us

For more information on how Cryolab’s CryoNest® and CryoStork® Series can support your poultry and aquatic cryopreservation operations, or to request a personalised quote, reach out to us today: https://cryolab.co.uk/contact-us/

[bizconsultancy]

Unlock Global Growth: How Indian Businesses Can Thrive in the Export Revolution

India has witnessed a rapid transformation in its export sector, with the country emerging as a global export powerhouse. With exports contributing nearly 22% to India’s GDP and initiatives such as “Make in India” and PLI schemes, businesses are presented with vast opportunities to expand internationally. The Indian export market is set to reach $1 trillion by 2030, driven by manufacturing, services, and technology advancements.

For Indian businesses, thriving in this export revolution requires a mix of policy support, innovation, and leveraging emerging technologies. Let’s explore the key strategies that can help businesses scale globally.

The Growing Potential of Indian Exports

The world sees India as a reliable trade partner, and Prime Minister Narendra Modi has emphasized the need for Indian businesses to take “big steps” toward expanding exports. Several factors are contributing to India’s export boom:

Government Policies & Incentives: India has introduced reforms such as the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme, which reduces cost burdens for exporters.

TradeTech & Digital Transformation: Advanced trade platforms and AI-driven supply chains are making it easier for businesses to access international markets.

Growing Demand for Indian Services: IT, pharmaceuticals, and professional services are in high demand globally, making services exports a strong contributor to India’s economy.

1. Key Growth Sectors Driving India’s Export Boom

1.1 Services Sector — India’s Global Strength

India’s services exports stood at $323 billion in 2023, positioning it among the world’s top five exporters. Sectors like IT, fintech, healthcare, and professional services have led the way, with AI and automation further accelerating this growth. The rise of AI-powered trade solutions and data-driven international market strategies allows Indian businesses to reach new global clients with ease.

1.2 Manufacturing & MSME Contribution

The “Make in India” initiative has significantly boosted the country’s manufacturing sector. Indian businesses are now capitalizing on PLI (Production Linked Incentives), leading to record exports in sectors such as pharmaceuticals, textiles, and electronics. MSMEs contribute nearly 50% of India’s exports, with digital tools enabling them to compete globally.

Additionally, the Budget 2025–26 has positioned Exports as the 4th Engine of Growth, introducing multiple initiatives to support key sectors:

Handicrafts: Export timelines extended from 6 months to 1 year, with an additional 3-month extension if needed. Nine more duty-free inputs added to boost competitiveness.

Leather: Full BCD exemption on Wet Blue leather to enhance domestic production and jobs, along with a 20% export duty exemption on crust leather to support small tanners.

Marine Products: Reduction of BCD on Frozen Fish Paste (Surimi) from 30% to 5% and on fish hydrolysate from 15% to 5% to support shrimp and fish feed production.

Railway MROs: Extended repair time limits for foreign-origin railway goods from 6 months to 1 year, aligning them with aircraft and ship repairs.

2. Emerging Trends in the Indian Export Sector

2.1 TradeTech — The Digital Transformation of Trade

Technology is revolutionizing how Indian businesses engage in exports. Key trends include:

AI-driven supply chain management for cost efficiency.

Blockchain-powered smart contracts to enhance trust in global trade.

Cross-border e-commerce allowing small businesses to sell directly worldwide.

2.2 Government Incentives & Policy Support

The Indian government has launched multiple initiatives, including:

Export Promotion Mission: Aimed at facilitating export credit, cross-border factoring support, and tackling non-tariff measures, with joint efforts from the MSME, commerce, and finance ministries.

BharatTradeNet (BTN): A digital public infrastructure initiative designed to streamline trade documentation and financing.

Integration with Global Supply Chains: The government will identify key sectors and facilitate industry collaboration to enhance India’s role in global trade.

Customs Reforms for Trade Facilitation: New time limits for provisional assessment, voluntary compliance initiatives, and extended timelines for end-use compliance to enhance ease of doing business.

These policies enable Indian businesses to reduce costs and penetrate international markets more effectively.

3. How Indian Businesses Can Thrive in Global Markets

3.1 Expanding to Untapped Markets

While the US and Europe remain top destinations, Indian businesses must explore Southeast Asia, Africa, and Latin America, where demand for Indian products is rising. The India-UAE CEPA (Comprehensive Economic Partnership Agreement) is a great example of opening new trade routes.

3.2 Leveraging Free Trade Agreements (FTAs)

India has signed or is negotiating FTAs with the UK, Australia, and Canada, reducing tariff barriers and simplifying export regulations. Businesses that leverage FTAs can access lower import duties, faster clearances, and easier market entry.

3.3 Strengthening Branding & Quality Compliance

Investing in branding & marketing: A strong digital presence on platforms like Amazon Global, Alibaba, and Shopify can help reach international customers.

Ensuring compliance with global standards: Adhering to ISO, FDA, CE certifications can boost credibility.

Sustainability focus: Eco-friendly packaging and carbon-neutral practices are gaining global acceptance.

4. Overcoming Challenges in the Export Ecosystem

4.1 Logistics & Infrastructure Bottlenecks

Despite advancements, logistics costs in India remain high. However, government investment in multi-modal transport networks, dedicated freight corridors, and port digitization is improving efficiency.

4.2 Financing & Export Credit Access

SMEs often struggle with export financing. The enhanced credit guarantee for term loans up to Rs. 20 crore under Budget 2025–26 is a major boost. The Export Credit Guarantee Corporation (ECGC) and Export Credit Insurance Scheme (ECIS) are also addressing this gap, along with trade finance products from banks to ease working capital constraints.

4.3 Global Trade Uncertainties & Geopolitical Risks

India’s exports are susceptible to geopolitical disruptions, supply chain issues, and trade wars. Businesses must diversify markets and adopt risk management strategies such as forward contracts and currency hedging.

Future Outlook for Indian Exports

The global economic shift towards India presents a unique opportunity for businesses to scale internationally. Key trends shaping the future of Indian exports include:

Digital Trade Agreements: India is negotiating trade pacts that will make cross-border digital trade easier.

AI-Driven Export Ecosystem: AI-powered data analytics will optimize trade strategies.

Growth of Services Exports: India’s IT, consulting, and education sectors will see increased demand.

Biz Consultancy: Your Trusted Growth Partner

Biz Consultancy is an industrial platform that helps you make smart business decisions with expert advice from industry professionals. It connects you with the right people, expands your network, and provides valuable insights to grow your business.

With a Biz Consultancy, you can store and share important documents securely, making it easier to collaborate with experts. The platform also connects you directly with machinery and equipment suppliers, helping you find what you need without middlemen.

Want to learn new skills? A Biz consultancy offers online courses on various industries and professional skills. You can learn at your own pace, take assessments, and boost your career.

Whether you’re starting a new business or scaling up, a Biz consultancy provides the right support, guidance, and tools to help you succeed.

Conclusion

India’s export revolution is set to propel the country towards a $5 trillion economy, with AI, automation, digital trade, and policy incentives playing crucial roles. The government’s focused efforts on export promotion through sectoral support, infrastructure development, and trade facilitation are strengthening India’s position in global markets.

For Indian businesses, the time is now to capitalize on export-led growth and establish a strong global footprint.

[adalidda]

Cultivating Change: How Collaborative Partnerships are Transforming Agriculture in Southeast Asia, Africa, and Beyond

Agriculture remains the economic cornerstone for millions in developing nations, yet smallholder farmers grapple with challenges like limited technological access, climate volatility, and market exclusion. Amid these hurdles, innovative partnerships between governments, research institutions, NGOs, and the private sector are driving transformative change. By analyzing success stories from Southeast Asia, Africa, and beyond, this paper distills actionable models that blend cutting-edge research with collaborative frameworks to enhance productivity, sustainability, and equity. In an era of climate crises and population growth, scaling such partnerships is not merely beneficial, it is imperative.

Southeast Asia: Digital Tools and Aquaculture Breakthroughs

Digital Green: Empowering Farmers Through Video Technology

Originating in South Asia and scaling across Africa, Digital Green empowers farmers via localized video content produced by and for rural communities. By training farmers to create videos in local dialects, the initiative ensures culturally relevant guidance on best practices, from pest control to irrigation.

Why It Works:

Local Ownership: Farmers co-design content, fostering trust and relevance.

Cost Efficiency: Low-tech solutions (e.g., battery-operated projectors) enable scalability in remote areas.

Visual Learning: Simplifies complex techniques, bypassing literacy barriers.

Impact: Over 1.5 million farmers reached, with adopters reporting 10–30% yield increases (Digital Green, 2023).

Vietnam’s Shrimp Farming Revolution

Vietnam’s shrimp sector exemplifies sustainable aquaculture through tripartite collaboration among researchers, businesses, and policymakers. Innovations include disease-resistant shrimp breeds, eco-friendly feed, and recirculating water systems, reducing environmental harm while boosting yields.

Key Success Factors:

R&D-Industry Synergy: Research institutions like Can Tho University partner with companies to pilot solutions.

Risk Mitigation: Public-private cost-sharing accelerates tech adoption.

Global Adaptability: Models replicated in Bangladesh and Nigeria.

Outcome: Vietnam’s shrimp exports surged to $4.2 billion in 2022, with a 30% reduction in disease-related losses (Vietnam Association of Seafood Exporters, 2023).

Africa: Cassava Innovation and Digital Marketplaces

West Africa’s Cassava Renaissance

Led by the IITA, initiatives in Nigeria and Ghana have revitalized cassava production through drought-tolerant varieties and strengthened value chains. Farmer cooperatives link to processing hubs, reducing post-harvest losses and connecting growers to regional markets.

Drivers of Success:

Climate-Resilient Crops: Varieties like TMS30572 resist pests and thrive in low rainfall.

End-to-End Support: Extension agents provide training, while partnerships with agro-processors ensure market access.

Economic Uplift: Yields increased by 40% in project areas, lifting incomes by 25% (IITA, 2022).

Kenya’s M-Farm: Bridging the Digital Divide

M-Farm’s mobile platform connects 15,000+ farmers to buyers, offering real-time pricing data and bulk sales opportunities. By eliminating middlemen, farmers now retain 70% more revenue.

Why It Works:

Mobile Penetration: 90% of Kenyan households own a phone, enabling rapid adoption.

Data Democratization: Farmers track trends to align planting cycles with demand.

Women’s Empowerment: 60% of M-Farm users are women, enhancing gender equity.

Global Models: Cooperatives and Agro-Industrial Integration

India’s White Revolution: The Power of Cooperatives

Operation Flood transformed India into the world’s largest dairy producer via a network of 15 million farmer-members. Cooperatives like Amul streamlined milk collection, processing, and marketing, ensuring fair prices and reinvestment in rural communities.

Lessons:

Collective Ownership: Cooperatives retain profits locally, funding schools and infrastructure.

Tech Integration: AI-driven quality checks reduced spoilage by 20%.

Brazil’s Soybean and Sugarcane Innovations

Brazil’s agribusiness giants’ partner with EMBRAPA (agricultural research agency) to pioneer climate-smart crops and precision farming. Soybean yields doubled since 1990, while sugarcane ethanol meets 45% of national fuel demand.

Success Factors:

Research Commercialization: EMBRAPA licenses 100+ technologies annually to private firms.

Sustainability Mandates: Zero-deforestation policies in the Amazon coupled with crop intensification.

Strategies to Scale Success

Build Regional Innovation Hubs Create centers where academia, governments, and businesses co-develop solutions tailored to local ecosystems (e.g., Nigeria’s Tech Hubs fostering agri-tech startups).

Incentivize Multi-Stakeholder Partnerships Offer tax breaks or grants for PPPs, as seen in Kenya’s M-Farm subsidies.

Invest in Digital Infrastructure Expand rural internet access to replicate models like Digital Green and M-Farm.

Align Policy with Innovation Streamline regulations for GM crops or drone usage, as Vietnam did for aquaculture tech.

Prioritize Farmer Training Deploy mobile academies (e.g., India’s Kisan Rath app) for continuous skill-building.

Conclusion

From Vietnam’s shrimp farms to Kenya’s digital marketplaces, collaborative partnerships are redefining agriculture. These models prove that combining local knowledge with global innovation can overcome systemic barriers. To replicate success, developing nations must prioritize inclusive policies, invest in scalable tech, and foster ecosystems where farmers, researchers, and businesses thrive together. The future of agriculture lies not in isolated efforts but in collective, adaptive resilience.

[exim-pedia]

The Booming Frozen Food Export Industry in India: Key Insights and Trends

India's frozen food export industry is rapidly gaining prominence on the global stage. With a diverse array of products including fruits, vegetables, seafood, and snacks, India has established itself as a leading exporter in this sector. In this article, we'll delve into the key highlights, emerging trends, and critical data driving frozen food exports from India.

Why India’s Frozen Food Export Industry is Thriving

The frozen food sector in India is experiencing remarkable growth due to several compelling factors:

Increasing Domestic Demand: The rising preference for convenience foods among Indian consumers is bolstering the frozen food sector. As lifestyles become busier, frozen foods offer a quick and easy solution for meals.

Government Initiatives: The Indian government has introduced various schemes and incentives to support the food processing industry. These initiatives aim to boost exports and enhance infrastructure.

Rising Domestic Incomes: As incomes increase, the demand for a diverse range of high-quality frozen foods is growing, both domestically and internationally.

Changing Lifestyle: There is a global shift towards convenience foods, and frozen foods are increasingly becoming a staple due to their extended shelf life and ease of preparation.

India’s Frozen Food Export Statistics

According to the latest data, India's frozen food export sector is robust and expanding:

Total Exports: India exported 244.8K frozen food shipments, making it the world's largest exporter of frozen foods.

Number of Exporters: There are 741 exporters from India involved in the frozen food industry.

Top Importers: The United States, Australia, and the UK are the primary destinations for Indian frozen food exports.

India's frozen food exports cover a broad spectrum of products including:

Vegetables and Fruits: Spinach, green peas, mangoes, okra, and strawberries are among the popular frozen produce.

Seafood: Indian mackerel, ribbonfish, black tiger shrimp, and vannamei shrimp are highly sought after in global markets.

Meat and Poultry: The country exports frozen chicken parts, processed meat products, and buffalo meat.

Cooked and Frozen Snacks: Indian cuisine's global appeal extends to frozen curries like saag paneer and butter chicken, as well as snacks such as fries and veggie fingers.

Top Frozen Food Exporting Countries

Globally, the top three exporters of frozen food are

Belgium

China

Mexico

Belgium led the pack with $1.4 billion in exports in 2021, showcasing its strong position in the frozen food market.

Leading Frozen Food Exporters in India

Several companies are prominent players in India's frozen food export market:

McCain Foods India Pvt. Ltd.

Schreiber Dynamix Dairies Ltd

Nestle India Ltd. (Frozen Food Division)

Godrej Tyson Foods Ltd

M.K.R. Frozen Food Exports Pvt. Ltd.

Al Ammar Frozen Foods Export Pvt. Ltd.

These companies are instrumental in driving the export growth of frozen foods from India.

Future Outlook and Market Trends

The frozen food sector is projected to grow at a rate of 0.9% annually, reaching $7 billion by 2026. This growth is fueled by the increasing global appetite for frozen foods and advancements in food processing technologies. As India continues to invest in infrastructure and quality standards, it is well-positioned to maintain its leading role in the global frozen food market.

Conclusion

India's frozen food industry is on an upward trajectory, driven by both domestic demand and international market opportunities. With its diverse product range and growing export capabilities, India is set to become a major player in the global frozen food sector. For businesses looking to tap into this lucrative market, keeping up with the latest export data and market trends is crucial. Platforms like Eximpedia offer valuable insights and data to help navigate this dynamic industry.

FAQs

Is the frozen food business profitable in India?

Yes, it is. The sector is thriving due to increasing demand and supportive government initiatives.

Which is the largest frozen food company in India?

McCain Foods India Pvt. Ltd. is currently the largest frozen food exporting company in India.

What is the HS code for frozen vegetarian food?

Major HS codes for frozen vegetarian foods include 0710, 07109000, and 2005.

What is the market size of frozen food in India?

The global frozen food market is expected to reach $7 billion by 2026, with India playing a significant role in this growth.

For the latest insights and data on frozen food exports from India, visit Eximpedia.app.

[eximpedia1]

Bangladesh's Booming Export Industry: Top Products and Destinations

Bangladesh has been making significant strides in the global export market, leveraging its vast export potential. The nation's export products are reaching new heights each year, driven by its dominant position in the garment industry. Bangladesh's low labor costs and affordable raw materials have made it a formidable competitor in the global market. This article delves into the top exports of Bangladesh, its main export destinations, and the leading companies driving this growth.

Bangladesh's Total Exports in 2023-24

In the 2023-24 fiscal year, Bangladesh was ranked as the 52nd largest exporter globally, according to the economic complexity index. The country stands out as the top exporter of textile scrap, jute yarn, textile fiber, and men's shirts. According to Bangladesh export data Bangladesh's total exports reached an all-time high of $361 billion, a significant increase from $62.2 billion in the previous year.

Major Exports of Bangladesh

Readymade Garments

The readymade garment (RMG) industry is Bangladesh's largest export sector, contributing approximately 46.74% of the country's total exports. Bangladesh has established itself as a global hub for RMG exports, with major markets in the US, UK, Germany, Italy, and France.

Jute and Jute Products

Accounting for about 13.6% of Bangladesh's total exports, jute, and jute products are among Bangladesh top export products. Known as the "golden fiber," jute products such as hessian cloth, canvas, sacking, and scrim are primarily exported to Pakistan, China, and India.

Footwear

Footwear is an emerging industry in Bangladesh, accounting for about 2.5% of total export earnings. The major export destinations for Bangladeshi footwear include the Netherlands, India, South Korea, France, and Spain.

Miscellaneous Textiles and Worn Clothing

Miscellaneous textiles and worn clothing contribute around 2.1% to Bangladesh's total exports. This category includes curtains, sacks and bags, tarpaulins, blankets, and rope, with major markets in the US, Europe, Japan, Australia, and Canada.

Headgear and Caps

Headgear and caps account for about 1.2% of Bangladesh's total export earnings. The primary markets for these products are the US, Germany, France, Poland, and Canada.

Paper Yarn and Woven Fabric

Paper yarn and woven fabric make up around 1.2% of Bangladesh's exports. These materials, used in artisan jewelry and other products, are mainly exported to China, India, Thailand, and South Korea.

Leather and Animal Gut Articles

Leather and animal gut articles represent about 1% of Bangladesh's total exports. This profitable industry benefits from low-cost raw materials and labor, with major export destinations including Germany, Poland, and Spain.

Fish, Shrimps, and Prawns

Fish, shrimps, and prawns contribute around 0.7% to Bangladesh's total exports. This sector is crucial for export income, with primary markets in the European Union, Japan, and the USA.

Feathers, Artificial Flowers, and Hair

These products make up about 0.4% of Bangladesh's total exports, with Germany, Sweden, and India being the main importers.

Aircraft and Spacecraft

Aircraft and spacecraft exports account for approximately 0.3% of Bangladesh's total exports. This category includes helicopters, airplanes, satellites, suborbital vehicles, and spacecraft launch vehicles, with significant exports to the Netherlands, UK, and Czechia.

Top Export Destinations

Bangladesh's top export destinations are:

USA: $970 billion

Germany: $708 billion

UK: $531 billion

Spain: $368 billion

France: $329 billion

Italy: $239 billion

Netherlands: $209 billion

India: $213 billion

Japan: $190 billion

Poland: $185 billion

Canada: $172 billion

Australia: $126 billion

These countries account for about 60% of Bangladesh's total exports.

Leading Export Companies in Bangladesh

Here is the list of top companies of exports of Bangladesh: 

Kazi Farms Group (poultry)

Bangladesh Petroleum Corporation (oil products)

Beximco Pharma (pharmaceuticals)

Pragoti (automobiles)

KDS Group (garments, textiles, steel)

Petrobangla (oil, natural gas, minerals)

Walton (motorcycles)

ASM Chemical Industries (industrial chemicals)

Advanced Chemical Industries (pharmaceuticals, consumer brands, agribusiness)

Dragon Group (clothing, notably sweaters)

These companies are crucial in meeting the growing global demand for Bangladeshi goods.

Conclusion

To achieve high profits in export businesses, exporters need to understand global trade demands and connect with top buyers. This strategy will enable businesses to expand globally and play a significant role in the global economy. Platforms like Eximpedia.app provide valuable data, helping new and existing exporters stay informed about market trends, major exporters and importers, shipment values, and more. For personalized assistance, their team of experts is available 24/7. Connect with them now and set new records in your export business. Thank you for reading.

[currentmediasstuff]

Government's Leap Towards Digitising Farmer Details in Budget 2024

In a significant move towards modernizing agriculture, Union Finance Minister Nirmala Sitharaman announced the implementation of Digital Public Infrastructure (DPI) for agriculture in the Union Budget 2024. This initiative aims to transform agricultural practices and enhance farmer support through digital means.

A Vision for Digital Agriculture

The DPI will cover farmer details and land data across the country within the next three years. Sitharaman highlighted the success of the DPI pilot project, noting its positive outcomes and the government’s plans to expand it in collaboration with state governments.

Key Highlights of DPI Implementation:

Digital Crop Survey: A digital crop survey for the ongoing Kharif season will be conducted in 400 districts.

Farmer and Land Registries: The initiative will create comprehensive registries for 6 crore farmers and their lands.

Components of DPI

The DPI for agriculture consists of three main components:

AgriStack: This includes foundational registries such as:

. Farmers’ Registry: A unique ID for farmers linked to land records

. Crops Sown Registry: Based on a digital survey of crops sown

. Geo-Referenced Maps: Detailed maps of villages.

Pilots for these registries have already been launched in districts in Uttar Pradesh and Maharashtra. The aim is to enroll 6 crore farmers by the end of this financial year, with additional enrollment targets in the following years.

Krishi-DSS (Decision Support System): This system will provide customized advisory services for crop planning and management based on the data collected.

Soil Profile Maps: These will offer insights into soil conditions to aid in better farming practices.

Impact and Future Goals

Sitharaman’s announcement underscores the transformative potential of DPI in agriculture:

Enhanced Access to Services: Farmers will benefit from easy access to government schemes like MSP-based procurement, crop insurance, and loans.

Customized Advisory: Farmers will receive tailored advice based on their specific conditions.

Overhauling Estimation Systems: The digital crop survey will improve the accuracy of crop area and production estimates.

Additional Budget Announcements

In addition to DPI, the Budget 2024 includes several other initiatives for the agricultural sector:

Kisan Credit Cards: Enabled issuance in five states through the Jan Samarth platform.

Namo Drone Didi Scheme: ₹500 crore allocated to provide drones to 15,000 women’s self-help groups.

National Cooperation Policy: A new policy for the development of the cooperative sector.

Shrimp Farming Support: Financial aid for shrimp breeding, farming, and export through NABARD.

Natural Farming: Support for 1 crore farmers in natural farming practices, including new bio-input centers and crop varieties.

Conclusion

The DPI initiative marks a major step towards modernizing Indian agriculture, aiming to make farming more efficient and data-driven. With substantial investments and support mechanisms, the government is setting the stage for a more informed and technologically advanced agricultural sector, ultimately benefiting millions of farmers across the country.

[naveenkumarsin32]

China Import export data | import export data

Exim Trade data consists of 200+ Countries' data globally. We are providing our users with access to the latest China Import-export data. Our database is being verified by the customs government departments. China imported over $341M worth of shrimps in may. Additionally, our experts always stay alert and remove all unauthorized data, and provide a pure form of data. Users can download the sample Global import export data provider by clicking the link. https://eximtradedata.com/

[seairexim]

Bangladesh Export and Import Data: A Comprehensive Guide

Trade serves as the lifeline of any economy, and Bangladesh is no different. In this article, we'll delve into the details of Bangladesh export and import data and their impact on the national economy. Whether you're a business owner, a student, or simply interested in global trade, this detailed guide will offer you valuable insights.

Overview of Bangladesh's Trade

Bangladesh's trade landscape has undergone a remarkable transformation in recent decades. Shifting from a mainly agrarian economy, it has become a major manufacturing center, particularly in the textile and garment industries. But what do the statistics reveal? Let's examine Bangladesh's export and import data to gain a clearer understanding of this shift.

Key Export Commodities

Bangladesh is best known for its ready-made garments (RMG), which make up the majority of its exports. However, the country's export portfolio includes more than just clothing. Bangladesh also exports jute and jute products, leather goods, seafood, and pharmaceuticals. These products have reached markets worldwide, strengthening Bangladesh export data.

Ready-Made Garments (RMG) The RMG sector is the cornerstone of Bangladesh’s economy, offering jobs to millions and producing substantial income. Bangladesh ranks among the top garment exporters globally, with major brands like H&M, Zara, and Gap sourcing their products from Bangladeshi manufacturers.

Jute and Jute Products Jute, often called the "Golden Fiber," is another vital export for Bangladesh. The country produces and exports a range of jute products, including raw jute, jute yarn, and various jute items like bags and rugs.

Seafood Thanks to its extensive coastline and abundant marine resources, Bangladesh exports a significant amount of seafood, particularly shrimp and fish, to markets around the world.

Major Import Goods

While exports play a vital role, imports are essential for maintaining a balanced economy. Bangladesh imports a broad array of products, including machinery, petroleum products, chemicals, and food grains, to meet the diverse needs of its expanding economy.

Machinery and Equipment To bolster its manufacturing and infrastructure development, Bangladesh imports a substantial quantity of machinery and industrial equipment.

Petroleum Products Due to limited domestic production, Bangladesh depends significantly on imported petroleum products to satisfy its energy requirements.

Bangladesh Customs Data

Bangladesh customs data offers in-depth insights into the flow of goods entering and exiting the nation. Through the analysis of Bangladesh customs data, businesses can detect patterns, forecast demand, and make well-founded decisions. This information encompasses details on tariffs, import duties, and regulatory obligations, critical for all stakeholders in global commerce.

Analysis of Export Data

An in-depth review of Bangladesh export statistics unveils notable trends. For example, the consistent expansion of the RMG sector shows no signs of deceleration, while emerging industries like pharmaceuticals are becoming key contributors. Comprehending these trends aids businesses and policymakers in crafting strategic decisions.

Trade Balance and Its Implications

Bangladesh frequently experiences a trade deficit, indicating that its imports exceed its exports. This trade balance significantly affects the country’s foreign exchange reserves and economic stability. However, remittances from the Bangladeshi diaspora help partially alleviate this deficit.

Regional Trade Partners

Bangladesh's trade relationships are pivotal for its economic well-being. Key trade partners include the United States, the European Union, China, and India. These partners are instrumental in both exports and imports, thereby shaping Bangladesh trade data.

United States and European Union The United States and the European Union are the primary markets for Bangladeshi garments, emphasizing the necessity of nurturing robust trade relationships with Western nations.

China and India China and India, as neighboring giants, serve not only as major sources of imports but also as expanding export markets for Bangladesh.

The Influence of Trade on Bangladesh's Economic Growth

Trade plays a vital role in shaping Bangladesh's economy, driving employment, boosting economic growth, and enhancing technological capabilities. Extensive export data from Bangladesh Customs highlights the essential contribution of trade to the nation's development.

How Government Policies Shape Trade in Bangladesh

Government policies are key to shaping trade dynamics in Bangladesh. To promote exports, the government has introduced various measures, including tax incentives for exporters and initiatives aimed at improving the ease of doing business. Understanding these policies is essential for businesses looking to navigate the complex trade landscape effectively.

Challenges in Bangladesh's Trade Landscape

Despite positive trends, Bangladesh faces several trade challenges, including infrastructural bottlenecks, regulatory hurdles, and competition from other developing countries. Overcoming these obstacles is crucial for sustaining growth in the nation's export and import sectors.

Future Prospects for Bangladesh's Trade

Looking ahead, Bangladesh holds significant potential to expand its trade. Key strategies for future growth include diversifying export products, improving infrastructure, and leveraging technology. The evolving trade data will reveal how effectively the country adapts to these changes.

The Role of Technology in Trade Data Management

Technology is becoming crucial in managing and analyzing trade data. Advanced data analytics, AI, and blockchain technology can improve the accuracy and efficiency of Bangladesh customs data processing, offering more reliable insights for decision-makers.

Conclusion

In summary, Bangladesh's trade landscape is dynamic and multifaceted. By understanding export and import data, customs data, export statistics, and overall trade data, we gain valuable insights into the country's economic health and future prospects. While challenges are significant, strategic planning and a focus on growth sectors can help Bangladesh thrive in the global market. Numerous platforms, such as Seair Exim Solutions and Eximpedia, offer comprehensive import and export data for in-depth analysis.

Frequently Asked Questions (FAQs)

Q1. What are the main exports of Bangladesh?

The main exports of Bangladesh are ready-made garments (RMG), jute and jute products, leather goods, seafood, and pharmaceuticals.

Q2. Which countries are the major trade partners of Bangladesh?

The major trade partners of Bangladesh include the United States, the European Union, China, and India.

Q3. What challenges does Bangladesh face in its trade?

Bangladesh faces challenges such as infrastructural bottlenecks, regulatory hurdles, and competition from other developing countries.

Q4. How does technology impact Bangladesh's trade data?

Technology enhances the accuracy and efficiency of trade data processing through advanced data analytics, AI, and blockchain technology, providing more reliable insights.

Q5. What is the significance of customs data in trade?

Customs data provides detailed insights into the movement of goods, helping businesses identify trends, anticipate demand, and make informed decisions.

[seair-exim-solutions]

Frozen Food Exports from India: Trends, Data, and Top Exporters

India's food industry is witnessing a significant boost thanks to its booming frozen food exports, which now account for 50% of the nation's food industry revenue. By 2026, the frozen food export market is expected to grow by 0.9% annually, reaching an impressive $7 billion. Let's dive into the latest trends, data, and key players driving this thriving industry.

The Global Frozen Food Market: A Snapshot

In 2021, Belgium led the world in frozen food exports with $1.4 billion in exports, surpassing China, Spain, and Mexico. However, the global frozen food market is set to expand, with exports projected to increase by 0.9% annually from 2021, reaching $7 billion by 2026.

India's Frozen Food Export Landscape

India's frozen food export sector is growing rapidly, encompassing a diverse range of products, including ready-to-eat items, fruits, vegetables, snacks, and non-vegetarian options. According to recent data, India exported 244.8K shipments of frozen food to 2,275 buyers through 741 exporters. Notably, India has emerged as the world's largest exporter of frozen food, with major markets in the US, Australia, and the UK.

Top Frozen Food Exports from India

The variety of frozen foods exported from India is extensive. Here are some of the leading products:

Fruits: Mangoes, strawberries

Vegetables: Green peas, okra, spinach

Seafood: Black tiger shrimp, vannamei shrimp, Indian mackerel, ribbonfish

Other Items: Pappadums

Major Exporters of Frozen Food from India

Several companies have established themselves as leading exporters of frozen food from India. Some of the top names include:

Vadilal Industries Ltd.

Al Ammar Frozen Foods Export Pvt Ltd

M K R Frozen Food Exports Private Limited

ITC Ltd (Frozen Food Division)

McCain Foods India Pvt Ltd

Schreiber Dynamix Dairies Ltd

Nestle India Ltd (Frozen Food Division)

Godrej Tyson Foods Ltd

Avanti Foods Ltd

The Frozen Food Export Data from India (2023-24)

Frozen Food Export DataDetails Total Shipments 244.8K Rank (Global) 1 Frozen Food Exporters in India 741 Number of Indian Buyers 2,275 Frozen Food HS Codes 21069099, 20049000, 19059090

Key Global Players in Frozen Food Exports

While India leads the frozen food export market, other top countries include:

China - $1.35 billion

Belgium - $1.33 billion

Spain - $727.9 million

Mexico - $584.9 million

Poland - $405.3 million

Netherlands - $346 million

Egypt - $286.4 million

United States - $281.5 million

France - $271.9 million

Ecuador - $201.1 million

Profitability and Future Prospects

The frozen food export business in India is considered highly profitable. The market includes a wide range of products, and there's ample room for growth due to increasing global demand. However, success in this industry requires careful planning, efficient management, and a deep understanding of customer needs.

Why Exporters Prefer Frozen Food

The global market for frozen items is valued at $230 billion, and demand continues to rise. Efficient shipping ensures that frozen products reach their destination in good condition, making it a preferred choice for exporters.

Steps to Export Frozen Food from India

1. Perform Market Research

Analyze current market insights, trends, and significant factors to evaluate the market thoroughly.

2. Set Up an Export Company

Register your company and obtain an Import Export Code (IEC) from the Directorate General of Foreign Trade (DGFT).

3. Choose Your Product

Select the frozen food items you wish to export based on export quantities, valuations,

and updated market data.

4. Select Online Platforms

Use data-driven platforms like Seair Exim Solutions to locate reliable buyers and suppliers. These platforms provide real-time insights into market trends, HS codes, and detailed export data.

Conclusion

India's frozen food export industry is set for a bright future, with increasing global demand and a wide variety of products. From luscious mangoes to delectable curries, India's frozen foods bring a taste of its rich culinary heritage to freezers worldwide. By leveraging platforms that provide comprehensive market data and insights, exporters can tap into new markets and expand their business effectively.

FAQs

How can I export frozen food from India?

To export frozen food from India, register your company, obtain an IEC, and use platforms like Seair Exim Solutions for market research and finding buyers.

Is the frozen food business profitable in India?

Yes, due to growing demand and export possibilities, the frozen food business in India is highly profitable.

What is HS code 03073200?

HS code 03073200 refers to frozen molluscs, including abalone, clams, mussels, scallops, and conch.

What is the HS code for frozen vegetarian food?

The HS code for frozen vegetarian food is 0710.

Which is the largest frozen food company in India?

M.K.R. Frozen Food Exports Private Limited is considered the largest frozen food company in India.

What country is the largest supplier of frozen food?

China is the largest supplier of frozen food, with an export value of $1.35 billion.

With this detailed insight into India's frozen food export market, exporters can make informed decisions and capitalize on the growing opportunities in this sector. For up-to-date statistics, market trends, and comprehensive export data, platforms like Seair Exim Solutions provide invaluable resources to drive success in the global trade arena.

[digiroadsabhisheksaini]

Traceability and Transparency in the Asia-Pacific Shrimp Supply Chain

In recent years, the Asia-Pacific region has emerged as a powerhouse in the global shrimp market. Countries like India, Indonesia, Thailand, and Vietnam are among the top producers of shrimp, satisfying the growing demand for this popular seafood delicacy. However, as the industry expands to meet consumer needs worldwide, there is a pressing need for greater traceability and transparency within the shrimp supply chain.

The Booming Asia-Pacific Shrimp Market

The Asia-Pacific region has witnessed remarkable growth in shrimp production and export. According to recent data, Asia accounts for over 85% of the global shrimp production, with the majority coming from countries in this region. This dominance is due to several factors, including favourable climate conditions, abundant labour, and technological advancements in aquaculture.

1. India: India stands as the largest shrimp exporter globally, contributing significantly to the Asia-Pacific market. The country's vast coastline and well-established aquaculture practices have propelled it to the forefront of the industry.

2. Indonesia: Indonesia is another key player in the region, with its extensive coastline and thriving shrimp farms. The country's shrimp exports continue to rise, catering to both regional and international markets.

3. Thailand: Thailand has long been a major shrimp producer and exporter. Known for its high-quality products, Thailand's shrimp industry plays a pivotal role in the Asia-Pacific market.

4. Vietnam: Vietnam has rapidly emerged as a strong competitor in the global shrimp market. With a focus on sustainability and innovation, Vietnamese shrimp farmers have gained recognition for their products worldwide.

The Need for Traceability

Despite the industry's growth and success, challenges such as sustainability, food safety, and ethical practices persist. One of the most crucial aspects that demand attention is traceability throughout the shrimp supply chain.

1. Food Safety: Consumers are increasingly concerned about the safety and quality of the food they consume. Shrimp tainted with antibiotics, chemicals, or pathogens can pose serious health risks. Traceability allows for the identification of the exact source of the shrimp, enabling quick recalls and ensuring food safety standards are met.

2. Sustainability: Overfishing and irresponsible aquaculture practices can harm marine ecosystems. Traceability helps in monitoring whether the shrimp was sourced from sustainable farms or caught using sustainable methods, promoting environmental conservation.

3. Ethical Practices: The shrimp industry has faced scrutiny for issues such as forced labour and human rights abuses. Traceability enables companies to verify that their products are not associated with unethical practices, ensuring social responsibility throughout the supply chain.

Implementing Traceability Solutions

To address these challenges, stakeholders in the Asia-Pacific shrimp market are increasingly turning to technology-driven traceability solutions.

1. Blockchain Technology: Blockchain provides a decentralised and tamper-proof system for recording transactions. Shrimp farmers, processors, distributors, and retailers can use blockchain to create an immutable record of each shrimp's journey from farm to table. This transparency builds trust among consumers and stakeholders.

2. IoT and Sensors: Internet of Things (IoT) devices and sensors can monitor various parameters such as water quality, temperature, and feeding habits in shrimp farms. This data, when combined with blockchain technology, offers a comprehensive overview of the shrimp's entire life cycle, ensuring quality and sustainability.

3. QR Codes and Mobile Apps: QR codes on shrimp packaging allow consumers to scan and access detailed information about the product, including where it was farmed, processed, and shipped from. Mobile apps provide an interactive platform for consumers to learn about the shrimp's journey and the practices involved.

Benefits of Enhanced Traceability

The adoption of traceability solutions in the Asia-Pacific shrimp market brings forth several benefits:

1. Consumer Trust: With access to detailed information, consumers can make informed choices, leading to increased trust in the brand and product.

2. Market Access: Meeting stringent traceability requirements opens doors to new markets, especially those with strict regulations regarding food safety and sustainability.

3. Sustainability: By promoting sustainable practices, traceability contributes to the long-term viability of the shrimp industry and protects marine ecosystems.

4. Compliance: Traceability helps companies comply with international standards and regulations, reducing the risk of penalties and reputational damage.

Conclusion

The Asia-Pacific shrimp market  growth presents immense opportunities, but with these come responsibilities. Traceability and transparency are no longer optional but essential elements in ensuring the industry's sustainability, safety, and ethical practices. As stakeholders embrace technological solutions, the future of the shrimp supply chain in the region looks promising, promising a future where consumers can enjoy their shrimp dishes with confidence, knowing they are sourced responsibly and sustainably.

By investing in traceability, the Asia-Pacific shrimp market can continue to thrive while also safeguarding the environment and respecting the rights of those involved in the industry. As consumers become increasingly conscious of their choices, a transparent and traceable supply chain will be a key differentiator, setting the industry leaders apart in this competitive market.

[ashu-digiroads-01]

Digital Transformation: Shaping the Future of Asia-Pacific Shrimp Trade

Introduction:

The Asia-Pacific region has long been a hub for the shrimp trade, with countries like India, China, Thailand, Indonesia, and Vietnam leading the production and export market. However, as global demands evolve and consumer preferences change, the industry faces challenges that demand innovative solutions. Enter digital transformation – a phenomenon revolutionizing the way businesses operate across various sectors, including the shrimp trade. In this blog post, we'll explore how digital transformation is reshaping the Asia-Pacific shrimp market, driving efficiency, sustainability, and competitiveness.

The Current Landscape of the Asia-Pacific Shrimp Market:

Before delving into the impact of digital transformation, it's crucial to understand the current dynamics of the Asia-Pacific shrimp market. The region dominates both shrimp production and export, accounting for a significant portion of the global supply. Countries like India and Indonesia are major players, leveraging their geographical advantages and aquaculture expertise to meet international demand.

Challenges Faced by the Industry:

Despite its prominence, the Asia-Pacific shrimp market faces several challenges. These include environmental concerns, disease outbreaks, fluctuating market prices, and supply chain inefficiencies. Additionally, evolving consumer preferences towards sustainably sourced seafood and the need for greater transparency pose additional hurdles for traditional shrimp producers.

Digital Transformation in the Shrimp Trade:

Digital transformation offers a pathway to address these challenges and unlock new opportunities for growth. Here's how:

Precision Aquaculture:

Digital technologies such as IoT sensors, data analytics, and AI are revolutionizing shrimp farming practices. Farmers can now monitor water quality, feed consumption, and shrimp health in real-time, allowing for proactive management and optimized production. This precision aquaculture not only enhances productivity but also reduces environmental impact by minimizing resource wastage.

Blockchain for Traceability:

Concerns over food safety and sustainability have led to increased demand for transparent supply chains. Blockchain technology enables end-to-end traceability, allowing consumers to track the journey of their shrimp from farm to fork. By providing immutable records of production, processing, and distribution, blockchain instills trust and confidence in the product's quality and origin.

E-Commerce Platforms:

Digital platforms have democratized trade, enabling shrimp producers to access global markets directly. E-commerce platforms connect buyers and sellers, eliminating intermediaries and streamlining transactions. This direct-to-consumer approach empowers small-scale producers, fosters price transparency, and enhances market access, particularly for niche or premium shrimp products.

Data-Driven Decision Making:

Data analytics plays a pivotal role in optimizing operations and predicting market trends. By harnessing big data, stakeholders can gain valuable insights into consumer preferences, price fluctuations, and supply chain dynamics. This enables informed decision-making, allowing businesses to adapt to market changes swiftly and stay ahead of the competition.

Sustainability Initiatives:

Digital transformation facilitates sustainability initiatives across the shrimp value chain. From resource management to waste reduction, technology-driven solutions promote environmentally friendly practices. For instance, AI-powered algorithms can optimize feed formulations, minimizing waste and mitigating environmental impact. Similarly, satellite imagery and remote sensing help monitor coastal ecosystems and detect illegal fishing activities, safeguarding marine biodiversity.

Conclusion:

The Asia-Pacific shrimp market stands at the precipice of transformation, driven by digital innovation. By embracing technologies like precision aquaculture, blockchain, e-commerce, data analytics, and sustainability initiatives, stakeholders can overcome existing challenges and capitalize on emerging opportunities. Digital transformation not only enhances operational efficiency and market competitiveness but also fosters sustainability and transparency, ensuring a brighter future for the Asia-Pacific shrimp trade.

As the industry continues to evolve, collaboration between governments, businesses, and technology providers will be essential in realizing the full potential of digital transformation and shaping the future of the Asia-Pacific shrimp market.

[chemanalystdata]

Glucosamine Price, News, Monitor, Supply & Demand, Forecast | ChemAnalyst

Glucosamine Prices a popular dietary supplement renowned for its purported benefits in joint health, has seen fluctuations in its market prices over recent years. The demand for glucosamine stems from its use in managing osteoarthritis and other joint-related issues, making it a sought-after product in the health and wellness industry. However, several factors contribute to the volatility of its market prices.

One significant influencer is the availability of raw materials. Glucosamine is commonly sourced from shellfish shells, such as shrimp and crab. Fluctuations in the supply of these raw materials due to environmental factors like overfishing or natural disasters can lead to price variations. Additionally, changes in regulations regarding the harvesting of marine resources can impact the cost of sourcing glucosamine's key ingredients.

Moreover, the production process itself contributes to the final market price of glucosamine. Manufacturing glucosamine involves complex procedures, including extraction, purification, and formulation, all of which require specialized equipment and expertise. Any disruptions or innovations in these processes can affect production costs, subsequently influencing the product's price.

Furthermore, market demand plays a pivotal role in determining glucosamine prices. As the aging population increases globally, so does the prevalence of joint-related ailments like osteoarthritis. Consequently, the demand for glucosamine as a natural remedy escalates, exerting upward pressure on its prices. Conversely, fluctuations in consumer preferences or the emergence of alternative treatments can lead to fluctuations in demand and, consequently, prices.

Get Real Time Prices of Glucosamine: https://www.chemanalyst.com/Pricing-data/glucosamine-1287

Additionally, the competitive landscape of the glucosamine market influences pricing dynamics. Numerous manufacturers and suppliers operate within this space, each vying for market share through various strategies such as pricing, product differentiation, or marketing initiatives. Intense competition can lead to price wars or strategic pricing decisions aimed at gaining a competitive edge, thereby impacting market prices.

Moreover, external factors such as economic conditions and currency fluctuations can also affect glucosamine prices. Economic downturns may constrain consumer spending on non-essential items like dietary supplements, leading to a decrease in demand and subsequently lower prices. Similarly, currency fluctuations can impact the cost of importing or exporting glucosamine, influencing its final retail price in different markets.

Furthermore, regulatory changes and quality control measures can impact glucosamine prices. Stringent regulations governing dietary supplements, including labeling requirements, ingredient standards, and manufacturing practices, may necessitate costly compliance measures for manufacturers, which could be reflected in the product's price. Conversely, quality control measures aimed at ensuring product efficacy and safety may justify higher price points for premium glucosamine products.

In conclusion, the market prices of glucosamine are subject to various internal and external factors that contribute to their volatility. From fluctuations in raw material availability and production costs to changes in market demand and competitive dynamics, numerous variables influence the pricing dynamics of this popular dietary supplement. As consumer awareness of joint health continues to grow, and advancements in manufacturing technologies evolve, the glucosamine market is likely to remain dynamic, with prices reflecting the intricate interplay of supply, demand, and industry forces.

Contact Us:

ChemAnalyst

GmbH - S-01, 2.floor, Subbelrather Straße,

15a Cologne, 50823, Germany

Call: +49-221-6505-8833

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com

[globallaunchbaseindia]

Blue Economy Ecosystem and Framework in India

Written By: Jagriti Shahi

Figure: Market Growth of India's Blue Economy in 5 Years (2018-2023)

This table would include various key sectors within the Blue Economy and their estimated market growth rates over the past 5 years (2018-2023

Fisheries and Aquaculture

The fisheries sector is a cornerstone of India's Blue Economy, providing livelihoods to millions of people. India is not only one of the largest consumers of fish globally but is also a major exporter. Embracing sustainable practices in fisheries and promoting responsible aquaculture is imperative for ensuring the long-term viability of this industry. Initiatives that focus on modernizing fishing techniques, promoting aquaculture, and ensuring the well-being of coastal communities contribute to a more sustainable and resilient Blue Economy.

Fisheries:

Economic Importance: Fisheries contribute substantially to the global economy, generating income for millions of people engaged in fishing and related activities. Fish and seafood products are among the most traded commodities internationally, fostering economic growth and employment.

Food Security: Fish is a vital protein source, especially for communities in coastal regions and developing countries. The accessibility of fish as a food source makes it a critical element in addressing malnutrition and ensuring food security.

Sustainable Practices: Overfishing, illegal fishing, and bycatch pose significant challenges to the sustainability of fisheries. Sustainable fishing practices, such as catch quotas, size limits, and marine protected areas, are essential to prevent the depletion of fish stocks and maintain healthy ecosystems.

Technology and Innovation: Technology, including satellite tracking and data analytics, plays a role in fisheries management. Innovations like selective fishing gear and fishery monitoring systems help reduce bycatch and enable more sustainable fishing practices.

Aquaculture:

Growing Importance: Aquaculture, or the farming of fish and other aquatic organisms, has become increasingly important in meeting the growing demand for seafood. It provides a controlled environment for the breeding and harvesting of various species.

Diversification of Species: Aquaculture allows for the cultivation of a wide range of species, including fish, shrimp, mollusks, and seaweed. This diversification contributes to resilience in the face of environmental changes and market demands.

Environmental Concerns: While aquaculture has many benefits, it also raises environmental concerns. Issues such as water pollution, habitat degradation, and the use of antibiotics and chemicals can have negative impacts. Sustainable aquaculture practices aim to address these concerns by promoting responsible farming methods.

Certification and Standards: Certification programs, such as those by the Aquaculture Stewardship Council (ASC) and Best Aquaculture Practices (BAP), help consumers identify products from responsibly managed aquaculture operations. These programs set standards for environmental and social responsibility in the industry.

Figure: Growth Comparison of Fisheries and Aquaculture in India (2018-2023)

Key Insights:

Aquaculture outpaces Fisheries: While both sectors contribute significantly to India's Blue Economy, Aquaculture exhibits a deutlich stronger growth trajectory compared to traditional Fisheries.

Factors behind Aquaculture's Growth: Several factors contribute to Aquaculture's higher growth rate, including rising demand for fish and seafood, government initiatives promoting sustainable aquaculture practices, and advancements in technology like fish farming techniques.

Fisheries facing challenges: Fisheries growth remains modest due to issues like overfishing, resource depletion, and climate change impacts. This emphasizes the need for sustainable fishing practices and conservation efforts.

Sustainable Practices:

Ecosystem-Based Management: Adopting an ecosystem-based approach considers the entire ecosystem when managing fisheries. This approach aims to maintain the health of marine ecosystems, prevent overfishing, and protect biodiversity.

Community Engagement: Involving local communities in fisheries management and aquaculture projects is essential for sustainable practices. Community-based approaches empower local stakeholders and promote responsible resource use.

Research and Innovation: Continued research and innovation are critical for the development of sustainable practices. This includes the use of technology, improved breeding techniques, and the development of alternative feeds in aquaculture.

In conclusion, fisheries and aquaculture are vital to global food systems, economies, and ecosystems. Ensuring the sustainability of these practices is not only a responsibility but also a necessity for future generations. By embracing sustainable approaches, addressing challenges, and fostering international cooperation, the fisheries and aquaculture sectors can thrive while preserving the health of our oceans.

Figure: Recent growth in India's maritime tourism

India's coastal regions boast rich cultural and natural heritage, offering significant potential for maritime tourism. From pristine beaches to historical maritime sites, there is a wealth of untapped opportunities. Responsible tourism practices, including eco-friendly initiatives and community engagement, can help leverage this potential, providing economic benefits while preserving the beauty of coastal ecosystems.

Cruise Tourism: Cruise tourism is a major component of maritime tourism, with passengers exploring different destinations along coastal areas or island-hopping. The cruise industry provides opportunities for local businesses, tour operators, and port communities.

Eco-Tourism and Sustainable Practices: The growing interest in eco-friendly travel has led to the development of sustainable maritime tourism practices. Eco-tourism initiatives, such as wildlife tours, bird watching, and guided nature walks, cater to environmentally conscious travelers.

Cultural and Heritage Tourism: Coastal regions often have a rich maritime heritage, including historic ports, lighthouses, and maritime museums. Cultural and heritage tourism allows visitors to immerse themselves in the maritime history and traditions of a particular area.

Adventure Tourism: The thrill of water-based adventure activities, such as kayaking, parasailing, and jet-skiing, attracts adventure enthusiasts. Coastal destinations with diverse landscapes offer opportunities for a wide range of exciting experiences.

Port Development: 

Efficient and modern ports are crucial for facilitating trade and commerce. India has been actively investing in the development and upgradation of its ports through initiatives like the Sagarmala program. The program aims to harness the potential of India's coastline and waterways for economic development, job creation, and improving maritime logistics.

Trade Facilitation: Ports serve as key nodes in the global supply chain, facilitating the movement of goods between countries. Efficient ports contribute to the seamless flow of imports and exports, reducing logistics costs and enhancing international trade.

Economic Growth: Well-developed ports stimulate economic growth by attracting investments, generating employment opportunities, and fostering the development of related industries. Ports are often major contributors to a nation's GDP.

Connectivity: Ports play a crucial role in connecting landlocked regions to international markets. Improved port infrastructure enhances connectivity between coastal and inland areas, promoting regional development and reducing transportation costs.

Logistics Efficiency: Modernized ports with advanced infrastructure, technology, and logistics systems contribute to streamlined cargo handling processes. This efficiency reduces turnaround times for ships, increases cargo throughput, and enhances overall port performance.

Offshore Wind Energy: Offshore wind energy is a key component of the Blue Economy, harnessing the power of wind over the open seas. Offshore wind farms can provide a substantial and sustainable source of electricity.

Tidal and Wave Energy: Tidal and wave energy represent forms of marine renewable energy that tap into the kinetic energy generated by tides and waves.

Floating Solar Photovoltaic (PV) Arrays: Floating solar PV arrays involve placing solar panels on the surface of bodies of water, such as lakes or coastal areas.

Ocean Thermal Energy Conversion (OTEC: OTEC harnesses the temperature difference between the warm surface waters and the cold deep ocean waters to produce electricity.

Blue Revolution Scheme: Aims to increase fish production and income of fishers through subsidies on fish seed, feed, and infrastructure.

Sagarmala Programme: Develops port infrastructure and coastal economic zones to boost maritime trade and logistics.

National Livestock Mission: Provides subsidies for setting up and modernizing aquaculture farms.

National Clean Energy Mission: Promotes investments in renewable ocean energy technologies like offshore wind and tidal power.

Pradhan Mantri Matsya Sampada Yojana (PMMSY): Launched in 2020, PMMSY is a flagship scheme for the holistic development of the fisheries sector in India. It aims to Increase fish production and productivity, Improve the socio-economic status of fishers and fish farmers, Create employment opportunities in the fisheries sector.