WITH 18% AND 11% YOY DROPS IN SHRIMP EXPORT VOLUME IN AUGUST AND SEPTEMBER

With 18% and 11% YoY drops in shrimp export volume in August and September, India’s Q3 2024 exports drop by 8% YoY.

INDIA’S QUARTERLY EXPORT VOLUME FROM Q1 2021 TO Q3 2024

After an 18% year-over-year drop in August, exports dropped by 12% year-over-year in September. The total export volume in Q3 is now behind 8% year on year, though the usual trend in which the export volume grows the first three quarters of the year is maintained. India’s year total export volume is now behind by 1% year over year.

Products:

Raw L. vannamei:

September 2024: -18% year over year.

Q3 2024: -12% year over year

Year total: -1%

Raw P. monodon:

In September 2024: +25% year over year.

Q3 2024: +14% year over year

Year total: +3% year over year

Raw wild-caught:

In September 2024: -4% year over year

Q3 2024: 0% year over year

Year total: -4% year over year

Value-added:

In September 2024: +2% year over year

Q3 2024: 0% year over year

Year total: +1% year over year

Markets (top three markets for each):

Raw L. vannamei:

US:

September 2024: 19,964 MT = -3% year over year

Q3 2024: -1% year over year

Year total: +2% year over year

China:

September 2024: 5,679 MT = -52% year over year

Q3 2024: -36% year over year

Year total: -6% year over year

EU:

September 2024: 3,403 MT = -2% year over year

Q3 2024: +20% year over year

Year total: +7% year over year

Raw P. monodon:

China:

September 2024: 2,513 MT = 0% year over year

Q3 2024: -23% year over year

Year total: -22% year over year

US:

September 2024: 1,003 MT = +62% year over year

Q3 2024: +82% year over year

Year total: +64% year over year

EU:

September 2024: 978 MT = +38% year over year

Q3 2024: +38% year over year

Year total: +29% year over year

Value-added:

US:

September 2024: 5,502 MT = -7% year over year

Q3 2024: -2% year over year

Year total: 0% year over year

Canada:

September 2024: 519 MT = +38% year over year

Q3 2024: +13% year over year

Year total: +17% year over year

EU:

September 2024: 278 MT = +33% year over year

Q3 2024: +21% year over year

Year total: +2% year over year