Shrimp Aquaculture & Export Industry

Average Farm Gate Shrimp Prices (Rs) for Exports YEARPRICES (RS) Jan640

Average Production Cost per kg of Shrimp (Rs) YEAR PRODUCTION COST (RS) Jan676

Average Shrimp Feed Prices (Rs) YEARPRICES (RS) Jan255

Average USD VS Sri lankan Rupees YEAR1 USD = SLR(RS) Jan145

Shrimp Production YEARQUANTITY (MT)

Shrimp Exports YEARQUANTITY (MT)

Success Story of the Shrimp Aquaculture NAQDA has been working with SLADA for the implementation of the following in the Shrimp Aquaculture Industry since Regularizing Shrimp farms and Hatcheries and issuing Licenses to Operate in proper manner including Grading of Shrimp Hatcheries. 2.ZONING the Shrimp Farming Areas and implementing CROP CALENDAR System. 3.Implementation of BMP’s in all the segments of the Industry and Introduced Post Larvae TRANSPORT BILL System. 4.Implementation of Proper Biosecurity Systems and Hi Tech PCR Laboratory System for Screening the disease causing Organisms. 5.Trying to arrange funds to improve the infrastructure facilities like Electricity Supply, common supply and sedimentation canals for certain clusters of shrimp farms.

OUT COME !!! 1.Annual Production of Shrimp Increased 2.Continues Production of Shrimp has been Achieved due to sustainable Aquaculture Practices. 3.Processors and Exporters Receive continues Raw Material Supply through out the year. 4.Shrimp Aquaculture Projects are providing permanent employment and contribute the local economy 5.Government has started to support the Industry through the Budget Acre Aqua Park Proposed in the EP

PRODUCTION CAPACITY PER ANUM (MT) CURRENTPOTENTIAL NWP6,0007,000 EP4308,000 NPUntapped7,000 TOTAL643022,000

Challenges !!! 1.Lower Shrimp Prices 2.Reduced Export Market 3.High Production Cost 4.Creating Value Added products 5.Increase Processing & Cold Storage Capacity 6.Finding the New Markets

POSSIBLE INTERVENTIONS By Hon. Minister 1.Assisting Exporters to finding New Markets for Shrimp Exports such as USA, China, Russia, Vietnam, Korea and Singapore. 2.Improving Current Processing Plants for Value addition and New Product Creation for niche markets. 3.Branding – “ SRI LANKAN SHRIMPS” 4.Include Shrimp Exports in FTA with Tax Concessions. 5.Supporting the Industry in obtaining Certifications such as ISO, BAP, BRC, CIQ etc. to get new markets. 6.Grants, Export Incentive Scheme, Low cost Finance, Trade Fairs, Exhibitions, Training and Education 7.Supporting to Exploit the full potential of Budget 2016 for the betterment of the Industry.