Shrimp exports expected to increase by 25% in 2014

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Shrimp exports is expected to increase 25 percent next year because of strong demand from key markets, the Bureau of Fisheries and Aquatic Resources (BFAR) said on Tuesday.

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BFAR Director Asis Perez told reporters that they are now looking at expanding aquaculture of vannamei shrimp to sustain demand from Japan, United States, Singapore and other Asian countries.

“Among the areas identified include Bicol, Quezon, Bataan and General Santos City, where 35 percent of the country’s shrimp supply is coming,” Perez said.

Besides traditional market, BFAR said that they are now looking at other export markets for the shipment of frozen vannamei or white shrimp—including China and Hong Kong.

The value of vannamei exports was roughly estimated at P325 million monthly, Perez said.

To recall, the Department of Agriculture imposed stricter sanitary requirements in hatcheries as one of its efforts to revive the country’s shrimp industry.

Agriculture Secretary Proceso Alcala said he also advised vannamei growers to maintain the current growing practices to prevent the infestation of early mortality syndrome (EMS), which is prevalent in neighboring countries. To date, the Philippines is the only Asian country that is considered EMS-free.

“We are now reaping the benefits. We are lucky because we’re the only country which is EMS-free,” Perez said, assuring that despite the large volume of exports monthly, the country’s supply remains stable.

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