India’s Major Seafood Export: The Dominance of Frozen Shrimp

Frozen shrimp has established itself as the leading seafood export from India, dominating the market both in quantity and value. This trend has been particularly notable in recent years, with a significant uptick in exports in the financial years 2021–22.

The Uncontested Number One: Frozen Shrimp

Frozen shrimp has maintained its position as the primary seafood item exported by India for a considerable period. In the financial year 2019–20, the total value of frozen shrimp exports reached a staggering 4.88 billion, accounting for an impressive 50.58% of the country's total seafood exports. This value had doubled by the financial year 2021–22, with a total export worth of 8.0 billion. In the same year, the quantity of frozen shrimp exported stood at 1149341 tonnes, earning 6.11 billion for the country.

Global Demand and Real-Time Market Trends

The high value of frozen shrimp exports is not just a matter of numbers; it reflects a significant international demand. A single glance at B2B websites clearly shows that frozen shrimp is highly sought after in the global market. This demand is further evidenced by the steady growth in export figures, indicating a strong and stable supply chain.

The future looks promising for Indian frozen shrimp. As the global seafood industry continues to evolve, the focus on sustainable practices and high-quality products is poised to benefit Indian exporters. With a thriving industry and a strong export base, India is well-positioned to continue leading in this particular segment of the seafood trade.

Conclusion

India's dominance in the global frozen shrimp export market is a testament to the country's capability and commitment to seafood production. As the industry continues to grow, it is likely that frozen shrimp will remain a top export commodity for India in the years to come. The favorable trend and the increasing demand provide a solid foundation for future growth and expansion.