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In 1989, production of farmed shrimp was 186,000 tonnes, and China was the largest producer in the world. In 1993 viral disease struck, and by 1996 production declined to 89,000 tonnes. This was attributed to inadequate management such as overfeeding and high stock densities. [16]
Marine shrimp farming is an aquaculture business for the cultivation of marine shrimp or prawns [Note 1] for human consumption. Although traditional shrimp farming has been carried out in Asia for centuries, large-scale commercial shrimp farming began in the 1970s, and production grew steeply, particularly to match the market demands of the United States, Japan and Western Europe.
The global annual production of freshwater prawns (excluding crayfish and crabs) in 2003 was about 280,000 tons, of which China produced some 180,000 tons, followed by India and Thailand with some 35,000 tons each. Additionally, China produced about 370,000 tons of Chinese river crab (Eriocheir sinensis). [2]
Shrimp grow-out pond on a farm in South Korea. Commercial marine shrimp farming began in the 1970s, and production grew steeply, particularly to match the market demands of the United States, Japan, and Western Europe. The total global production of farmed shrimp reached more than 2.1 million tonnes in 1991, representing a value of nearly US$9 ...
Commercial shrimp species support an industry worth 50 billion dollars a year, [3] and in 2010 the total commercial production of shrimp was nearly 7 million tonnes. Shrimp farming became more prevalent during the 1980s, particularly in China, and by 2007 the harvest from shrimp farms exceeded the capture of wild shrimp.
But the industry was jolted by high rates of shrimp disease and repeated reports of forced labor. With Thailand’s shrimp business in crisis, India boosted production to meet global demand.
The Chinese white shrimp, oriental shrimp, or fleshy prawn (Fenneropenaeus chinensis) is a species of shrimp. It is cultivated at an industrial level off mainland China . Production was devastated by a series of epidemics in the 1990s and early 2000s. [ 2 ]
Retailers expected demand to carry over or increase in 2022 and foreign shrimp producers increased production. That, in turn, led to an oversupply when consumer demand tapered off due to inflation.