May 22, 2020

 

Thai shrimp output slides 4.7% in Q1 2020

 

 

Thailand's total shrimp output for the first quarter of 2020 was slightly lower by 4.7% in when compared to Q1 2019, reported US Soybean Export Council (USSEC) Thailand Technical Manager-Aquaculture Chuchai Kanjanamayoon.

 

Last year, Thailand's total shrimp production was 317,839 tonnes. The country estimates production to be 10% lower this year. Most of its regions were also reduced except the Lower-South Gulf, which increased 11.4% with total production of 7,459.5 tonnes.

 

Total shrimp post larva stocked 7,528.5 million in Q1/2020, a 19.7% drop when compared to the same quarter of 2019. Monodon shrimp was stocked 324.4 million and Vannamei was stocked 7,204.1 million, decreases of 12.1% and 20% respectively. Most of the regions reduced stocking except Lower South — Andaman, which increased by 3% with a total of 2,079.8 million post larva.

 

Shrimp exports of fresh, chilled, frozen, and processed prawns (excluding canned shrimp) during the first quarter totaled 27,399 tonnes, an increase of 1.8% compared to the same quarter of 2019 (26,909 tonnes). Frozen-fresh shrimp totalled 18,269 tonnes, a 19.4% increase compared to the same quarter last year. Processed shrimp decreased 9,130 tonnes, a 21.4% reduction compared to the same quarter last year.

 

Thailand's Department of Fishers says it is striving to improve all areas for the best quality shrimp products for the world's customers. Improving the production and quality in Thailand will benefit the country's feed industry. Buyers' understanding of the Thai shrimp industry will improve their confidence in increasing shrimp purchases from Thailand, further growing the industry.

 

Currently, the inclusion of US soybean meal in aquafeed in Thailand is about 20% to 30%. Feedmills and importers are working together to monitor the demand and supply of US Soy.