ANALYSIS: Indian Shrimp Sector Faces Rising Challenges Amid Export Growth
Indian shrimp exports showed robust year-on-year growth, up 12.2% between January and May to reach 304,267 metric tons. The US remains the leading destination, accounting for 42% of shipments, while China and the EU-UK follow with 16% and 15% shares, respectively. This dependency on the US market was underscored in May, when exports reached record-high levels at 79,540 MT; volume jumped 26.7% year-on-year, as Indian suppliers accelerated shipments ahead of the expiry of the US tariff exemption...
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