Shrimp farmers transition to domestic sales in response to price reductions and export challenges

Shrimp farmers are adapting to disruptions in international markets by shifting their focus to local sales. As a result, they are now pricing their shrimp at approximately ₹400 per kilogram. This change comes in the wake of various challenges in the global market, including logistical issues and fluctuating demand, which have impacted export opportunities for many producers.

The local market offers a viable alternative for shrimp farmers, allowing them to maintain their operations and minimize losses. Additionally, this shift may help meet the growing domestic demand for seafood, as more consumers look to purchase locally sourced products. Industry experts suggest that this could also lead to potential changes in pricing trends and supply chains in the future. The shrimp farming sector remains a significant contributor to the economy, and domestic sales may provide a much-needed buffer against ongoing global market uncertainties.