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Break-out session: Shrimp production (pt 2)

Aquaconnect India
Scope /
This seminar will address at least three questions: (1) Will Chinese domestic production any time soon be a threat to Chinese shrimp imports from overseas?; (2) what are examples of strategies of Asian producers to remain competitive and find their niche in the marketplace?; (3) does focusing on cooked and breaded products make sense to stay away from direct competition for raw frozen products?
Program /
China's shrimp production landscape

China is a black hole in terms of domestic shrimp production. While some people estimate Chinese production at around 800,000 MT only, the Chinese government sometimes claims numbers above 2mln MT. The reality is most likely somewhere in between. Fuci Guo will share his observations and insights which he captured during visits to Chinese shrimp industry players in early 2023. Insights into Chinese domestic production and its connection to shrimp imports will help the industry to better understand the gap between local production and countrywide consumption will anytime soon be closed by domestic producers.  

Speaker: Fuci Guo, Global Category Lead Aquaculture, Royal Agrifirm

Chinese industry panel

The Chinese shrimp industry is huge with many players and geographical fragmentation. During this panel, Chinese feed manufacturers, shrimp producers, and shrimp distributors will jointly reflect on Fuci Guo's observations and further guide us on how demand and supply in China may develop in the future. 

Panelists: TBA

Will Ecuador continue to grow its shrimp production?

Ecuador is growing its shrimp output at a rate that no one else can match. Everyone in the industry wonders whether Ecuador can continue to increase its output at equal rates or whether its about to reach the carrying capacity of its shrimp sector already. Although no one has a clear answer to this we will talk to Camera Nacional de Acuacultura to better understand how shrimp production in 2023 is evolving and whether we will have more years of rapid growth ahead of us.

Speaker: TBA

How satellites enable to monitor and predict supply

Shrimp supply in most countries is highly unpredictable due to the hundreds of thousands of producers involved and the fragmentation of the supply chain. Satellite technology has great potential in terms of its ability to monitor shrimp production at a large scale without actually being in the field. However, until today, the industry doesn't seem ready to widely adopt it. What keeps the industry back?

An interview with Hogne Andersen, CEO, Dynaspace

Developing a HOSO operation in India

Abad Overseas is a JV between Nueva Pescanova and the Indian fishery conglomerate Abad Fisheries. Abad Overseas has a team in Andhra Pradesh with know-how from Latin America that works day and night with Indian farmers to produce head-on shell-on quality products for markets in Southern Europe and China. While starting small, today the company runs 4 factories throughout Andhra Pradesh and exports a wide range of P. monodon and L. vannamei products. During this presentation, the managing director of the company will tell the history, current status, and future outlook of its activities and also reflect on whether this model could be applied by other Indian producers as well. 

Speaker: Sheraz Anwar, Director, Abad Fisheries

Switching to L. vannamei in Bangladesh

Bangladesh is traditionally a producer of P. monodon and M. rosenbergi shrimp. However, production has been dwindling and processors have been struggling to keep their factories running. There are today two trends that may change the trajectory of the Bangladeshi shrimp industry: (1) the wider availability of domesticated P. monodon broodstock and post-larvae, (2) the gradual expansion of semi-intensive farming operations, and (3) the recent approval for the introduction of L. vannamei shrimp. Many people wonder why Bangladesh shifts to L. vannamei in an already crowded market and instead does not focus on scaling P. monodon production but the Bangladeshi industry is convinced it's the right way ahead. In this presentation, we will hear more about the current challenges that the Bangladesh shrimp industry is facing and the opportunities the industry sees to overcome these challenges.   

Speaker: Shyamal Das, Owner, M.U. Seafoods

The rise of intensive shrimp farming and the benefit of a strong domestic market in the Philippines

Speaker: TBA

Coffee break
The growth of the market for cooked and value-added products

While the overall market in the US declined in 2022, the market for cooked and further value-added products grew. According to many people industry, this trend is here to continue with consumers looking for more convenient products. Investing in this market segment is another way to stay away from more aggressive competition for raw frozen products. In this presentation, Angel Rubio will dive deeper into the market trends for cooked and value-added products. He will primarily look at the US. 

Speaker: Angel Rubio, Senior Data Analyst, Urner Barry Consulting

Q&A with Angel Rubio and Brendan Curran about growth of the value-added segment


Angel Rubio, Senior Analyst, Urner Barry Consulting

Brendan Curran, Vice President Procurement, AquaStar

Panel discussion: Asian industry perspectives

In this final panel, we will discuss with industry representatives from around the globe what shrimp production trends over the next couple of years may look like. We will discuss the potential of intensification production in Asia, switching species between L. vannamei and P. monodon, and also the opportunities in the market for cooked and further value-added products.

Panelists: TBA

Closing remarks