The economic impact of shrimp farming

Table of Contents

Shrimp is one of the most popular seafood products in the world. Its unique characteristics make it a staple in people’s food baskets. Compared to other seafood such as fish, shrimp consumption ranks first in countries such as the United States. The shrimp farming industry is expanding rapidly with the growing demand for this valuable product. In the past, shrimp farming in the countries of East Asia was traditionally done to support the local livelihoods, but it later spread to other countries as well. Today, it is a powerful, global, multi-billion-dollar industry.

As mentioned before, shrimp aquaculture has many parts, and each part plays a vital role in achieving the result. As the shrimp aquaculture industry has grown, its role in the lives of community members has become more apparent. In many areas, shrimp aquaculture is the main activity and livelihood of the local people. The impact of the shrimp aquaculture industry on the employment and economy of communities is the subject of this article. Stay with us.

Job creation in shrimp farming

The first and most significant impact of the shrimp aquaculture industry is on individual employment. Shrimp aquaculture directly or indirectly employs 10-15 people per hectare. The establishment, preparation, cultivation, harvesting, processing, and packaging processes all require labor, which in turn creates jobs for people in the community. There are also many employment opportunities in other parts of the shrimp farming chain such as feed production, transportation, distribution, sales, and export. In a country like Thailand, it is reported that more than 100,000 people are directly or indirectly employed in the shrimp farming industry.

India is one of the world’s largest shrimp producers and many Indians depend on shrimp farming for their income. The growth of this industry in India has had a significant impact on people, especially those living in rural and coastal areas. It has transformed their lives. Increased employment opportunities and improved quality of life have led to a phenomenon known as “reverse migration” from urban to rural areas.

Given the growth and progress of the industry and its bright future, job security is another positive impact of the industry. Women are also involved in shrimp farming in several countries. Shrimp aquaculture can be an excellent source of employment and income for women, especially in local and small communities. In the shrimp industry, a high percentage of women work in the processing chain, but their presence and role in other parts of the industry are also significant. We encourage you to read our article on the role of women in the shrimp industry.

Economic development

Shrimp is one of the most popular seafood products and has a high economic value. This high economic value positively impacts the income of people involved in the industry. Every year, shrimp farmers earn a significant profit. Moreover, the shrimp export to other countries leads to the economic development and foreign exchange earnings of communities. In countries such as India, China, and Vietnam, which are major shrimp producers, shrimp exports are considered one of the main pillars of the economy. The high volume of exports and foreign exchange earnings in these countries not only affects the lives of those involved in the industry but also improves the overall economic situation of the country. Studies show that shrimp farmers are more satisfied with their income and economic situation than when they were engaged in other activities such as crop farming. The economic development resulting from the growth of shrimp aquaculture, especially in developing countries, is significant and is considered a very important source of national income.

Shrimp farming also has other impacts on communities that cannot be ignored. One such impact is the development of community infrastructure. With the growth of this industry, there is a need for road construction, electrical facilities, water supply, and transportation improvements that have a direct positive impact on people’s lives.

Ancillary industries also have opportunities for growth and development. With the growth of shrimp farming, sea, land, and air transportation, trade, and marketing industries will become more effective, and more businesses will be able to profit.
Negative impacts of shrimp farming on communities

So far, we have discussed the positive impacts of the influential shrimp farming industry on communities. But it also has negative impacts on communities. Environmental degradation is the most significant negative impact of shrimp farming. Unprincipled and unsustainable shrimp farming can lead to the destruction and disappearance of natural environments. In addition to endangering the lives of other creatures, it negatively affects industries such as tourism and fishing.

Another important negative aspect is the exploitation of labor in some areas. One of the most important elements of this industry is the workers employed on the farms. Unfortunately, they do not always have desirable conditions. Difficult working conditions and low wages, which violate labor laws, create difficult conditions for them. Comprehensive and principled monitoring by enforcement agencies is needed to address this issue.

At Atlas Meigoo Khalij Fars, we are proud to be a source of employment for many of our fellow citizens, while producing high-quality shrimp that meets international standards. We hope to play a greater role in our country’s job creation and economic development as we develop and expand our activities.


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