The Marine Products Export Development Authority(MPEDA) was set up under Section (4) of MPEDA Act, 1972 and became functional from 20th April, 1972. It is a statutory body functioning under the Department of Commerce. The MPEDA, a statutory body, is responsible for development of the marine products industry with special reference to exports. It is headed by a Chairman. It has its headquarters at Kochi and has a number of Regional and Sub- Regional Offices.
The provisional Export of seafood during April to October’2014 has reached to 3.33 billion USD (provisional) from 2.81 billion USD with a growth of 16.78%. In terms of Indian rupees export increased to 19652.74 Crores from 16952.19 Crores with a growth of 15.92 % compare to the same period of previous year. Export has slightly decreased to 549142 MT from 553652 MT recording a slightly negative growth of 0.81 % in Quantity terms. The unit value increased from 5.15 USD/Kg to 6.06 USD/Kg recording a growth of 17.74%. The growth is mainly attributed to the increased production and export of L. Vannamei shrimps.
The provisional export performance during April to October’2014 is given below:
During Apr-Oct’2014 USA emerged as the largest buyer of Indian seafood in terms of dollar earnings with the share of 29.01%, followed by South East Asia (23.28%), EU (20.78%), Japan (10.00%), Middle East (5.59%), and China (3.01%). Export to USA has increased by 10.53%, 22.07% and 20.83% in terms of quantity, rupee and US $ earnings respectively. USA is the biggest destination for the Indian cultured shrimps with a share of 37.17% of total cultured shrimps exported from India. Export to EU has showed positive growth. The export has increased by 9.02%, 25.52% and 34.89% in terms quantity, rupee value and US dollar earnings respectively.
Frozen Shrimp emerged as a principle item of export in the seafood basket both in quantity and foreign earnings with a share of 73.14% in US dollar earnings and 39.73 in Quantity terms followed by Frozen Fish, Frozen Cuttle fish, others and Frozen Squid etc., Export of Fr. Shrimp has showed tremendous growth. The export has increased by 19.98%, 31.48%, and 32.52 % in terms of Quantity, rupee value and USD terms respectively. The unit value has increased by 10.45%. Export of Fr. Fish, Fr. Squid and dried items showed negative growth. Export of Fr. Fish has declined by 6.34%, 11.16%, and 11.07% in terms of quantity, rupee value and USD earnings respectively.
To facilitate enhanced export of marine products from the country MPEDA has been giving greater thrust in the following areas: -
Address : MPEDA House, Panampilly Avenue, COCHIN-682036. Telephone : (91)484-311971 Fax : (91)484-313361. Web Site :http://www.mpeda.com
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27 Feb 2017)