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August 11, 2015

Honduras

Drought Causes Drop in Production

 

In 2015, the National Aquaculture Association of Honduras (ANDAH) forecasts that farmed shrimp production will decrease between 15 and 20 percent, compared to 2014.

 

According to ANDAH executive director Ricardo Gomez, this year’s farmed shrimp production will be about 90 million pounds, representing a decrease in volume of 18,000 pounds, compared to last year.  ANDAH’s forecast is based on the fact that high salinity and high temperatures are having a negative impact on shrimp farming.

 

According to a preliminary report by the Central Bank of Honduras, from January to May 2015, Honduras exported 11.4 million pounds of shrimp, down 19 percent compared to the 14.1 million pounds exported during the first five months 2014.

 

Export revenues also decreased during the first five months of 2015, dropping from $56.2 million in the first five months of 2014 to $37.8 million in the same period this year, a drop of 32.8 percent.

 

According to the Central Bank’s report, the fall in domestic production is attributed to factors such as the lack of rain, the disease known as vibriosis and the fall in international prices.

 

In 2014, Honduras exported 67.5 million pounds of farmed shrimp worth $243.6 million, a record year, when shrimp brought $7.90 per kilogram.

 

Source: FIS United States.  Shrimp Production and Export Drop Expected Due to Drought.  Analia Murias (editorial@fis.com).  August 11, 2015.

 

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