Trends of aquaculture production and trade: carp, tilapia, and shrimp

Miao, Weimin and Wang, Weiwei (2020) Trends of aquaculture production and trade: carp, tilapia, and shrimp. Asian Fisheries Science Journal (Malaysia), 33. pp. 1-10. ISSN 2073-3720

Carp, tilapia, and shrimp are the most commonly cultured aquatic animals in meeting domestic and international demand for aquatic animal food and contributing to the local and national economies. These species groups accounted for nearly 50 % of the total production of farmed aquatic animals in 2018. Globally, carp remains the most important group of farmed aquatic animals, both in terms of quantity and total value. Carp are produced traditionally for domestic consumption but play an insignificant role in international trade. Globally, tilapia is one of the most popularly farmed aquatic animals. Production of cultured tilapia increased rapidly between 1998 and 2018, making it the second-most important group of farmed aquatic animals by quantity. Tilapia has become an important internationally traded aquaculture commodity, although the majority of its production is still consumed domestically. Shrimp has a relatively high market value and between 1998 and 2018, the general trend in production of farmed shrimp has been upwards. Unlike carp and tilapia, farmed shrimp are primarily destined for the international markets. Shrimp exports followed a general growth trend between 1997 and 2017. Production of farmed carp and tilapia will continue to grow, largely because of their importance in national food security and nutrition. Increasing incomes and improving living standards are likely to increase the demand for shrimp both domestically and internationally. However, although both production and international trade of shrimp are expected to continue to grow, they may face uncertainties related to limiting factors such as natural resource constraint and climate change.

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Abstract

Carp, tilapia, and shrimp are the most commonly cultured aquatic animals in meeting domestic and international demand for aquatic animal food and contributing to the local and national economies. These species groups accounted for nearly 50 % of the total production of farmed aquatic animals in 2018. Globally, carp remains the most important group of farmed aquatic animals, both in terms of quantity and total value. Carp are produced traditionally for domestic consumption but play an insignificant role in international trade. Globally, tilapia is one of the most popularly farmed aquatic animals. Production of cultured tilapia increased rapidly between 1998 and 2018, making it the second-most important group of farmed aquatic animals by quantity. Tilapia has become an important internationally traded aquaculture commodity, although the majority of its production is still consumed domestically. Shrimp has a relatively high market value and between 1998 and 2018, the general trend in production of farmed shrimp has been upwards. Unlike carp and tilapia, farmed shrimp are primarily destined for the international markets. Shrimp exports followed a general growth trend between 1997 and 2017. Production of farmed carp and tilapia will continue to grow, largely because of their importance in national food security and nutrition. Increasing incomes and improving living standards are likely to increase the demand for shrimp both domestically and internationally. However, although both production and international trade of shrimp are expected to continue to grow, they may face uncertainties related to limiting factors such as natural resource constraint and climate change.

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Item Type:	Article
AGROVOC Term:	Aquaculture
AGROVOC Term:	fish trade
AGROVOC Term:	Cyprinidae
AGROVOC Term:	Oreochromis
AGROVOC Term:	shrimp fisheries
AGROVOC Term:	analysis
AGROVOC Term:	economists
AGROVOC Term:	impact assessment
AGROVOC Term:	sustainable aquaculture
Geographical Term:	Italy
Depositing User:	Nor Hasnita Abdul Samat
Date Deposited:	19 Mar 2025 07:04
Last Modified:	19 Mar 2025 07:04
URI:	http://webagris.upm.edu.my/id/eprint/505

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