Shrimp

LightCastle Partners recently prepared a whitepaper titled “Bangladesh Shrimp Sector: Transitioning Towards Sustainable Growth” that discussed the value chain analysis, recent export trends, bottlenecks for growth, the potential of Vannamei farming, and the future prospects of the Bangladesh shrimp sector. Subsequently, a webinar was organized on August 22, 2022, to share the key findings from […]

A Brief Historical Emergence of the Shrimp Industry in Bangladesh In the early 1970s, the beginning of commercial shrimp farming started in Bangladesh with 9 fish processing plants being set up in Chittagong and Khulna and that gave rise to the present export-oriented shrimp industry. Since then, commercial shrimp farming slowly started to gain popularity […]

Bangladesh’s shrimp exports, which once contributed $590 mn in FY12, has been on the decline, falling 8.37% to $408 mn in FY181 as the demand for black tiger and freshwater prawns have gone down due Vannamei shrimp (which is not grown in Bangladesh) dominating the world market at a lower price point. This drop in […]