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The Indian foodmate.
net/tag_667.
html" class="zdbq" title="Seafood related food information" target="_blank">Seafood foodmate.
net/tag_227.
html" class="zdbq" title="Export-related food information" target="_blank">Export Association predicts that Indian seafood exports will fall by 10% in the 2021 fiscal year.
net/tag_667.
html" class="zdbq" title="Seafood related food information" target="_blank">Seafood foodmate.
net/tag_227.
html" class="zdbq" title="Export-related food information" target="_blank">Export Association predicts that Indian seafood exports will fall by 10% in the 2021 fiscal year.
Indian media Financial Express reported that in the 2020 fiscal year (April 1, 2020 to March 31, 2021), India’s seafood exports totaled approximately US$6.
7 billion, a decrease of 20% from the previous fiscal year.
However, considering the local epidemic situation in India this year and the changes in the export market, senior figures in the Indian industry once again made negative expectations.
7 billion, a decrease of 20% from the previous fiscal year.
However, considering the local epidemic situation in India this year and the changes in the export market, senior figures in the Indian industry once again made negative expectations.
In an interview with the media, Jagdish Fofandi, chairman of the Seafood Export Association of India (SEAI), said that the Indian industry is still facing very serious market problems, especially in China and Europe.
"Beginning last year, China has continuously strengthened new coronavirus detection and disinfection measures for imported seafood, resulting in delays in customs clearance of Indian goods, and it has become very difficult for exporters to collect payment.
In addition, product transfers, ship waiting and queues are too long.
Adding too much uncertainty.
Some shrimp products have also been returned due to the detection of white spot virus, and the seafood industry on the west coast of India has been tortured.
"
In addition, product transfers, ship waiting and queues are too long.
Adding too much uncertainty.
Some shrimp products have also been returned due to the detection of white spot virus, and the seafood industry on the west coast of India has been tortured.
"
In addition, Fofandi emphasized that the shortage of containers and rising freight rates are also major issues.
"The cost of refrigerated containers sent to the United States has nearly doubled from $3,500 in March 2020 to $6,500 now.
Maersk (international shipping company) recently raised the price again, and the freight rate rose to $12,500 in May.
Other shipping companies Prices have also increased.
If transportation costs continue to rise like this, no industry can stand it.
"
"The cost of refrigerated containers sent to the United States has nearly doubled from $3,500 in March 2020 to $6,500 now.
Maersk (international shipping company) recently raised the price again, and the freight rate rose to $12,500 in May.
Other shipping companies Prices have also increased.
If transportation costs continue to rise like this, no industry can stand it.
"
