Valuation of marine fish landings in India–2023

Shyam, S Salim and Raju, S S and Narayanakumar, R and Swathi Lekshmi, P S and Dash, Swatipriyanka Sen and George, Saju and Anuja, A R and Athira, N R and Stanley, Lowrane and Rebello, Steny (2024) Valuation of marine fish landings in India–2023. Marine Fisheries Information Service No.261. pp. 23-27. ISSN 0254-380X

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Abstract

India, being the second largest producer of fish in the world, contributes about 6.5 per cent of the global fish production. The present fish production of India is 16.24 million MT with a contribution of 4.12 million MT from marine sector and 12.12 million MT from inland sector. The Indian marine fisheries sector also contributes enormously to the economy by creating foreign exchange, food security, direct employment and income. With changing consumption pattern, emerging market forces and technological developments, the fisheries sector has assumed added importance in India and is undergoing a rapid transformation. Amidst slump in landings, the valuation of fish considerably increased on account of the realization of higher prices, movement of fish from non-consumption areas to consumption areas and augmented fish consumption. The marine fish landings exhibit wide range of volatility which might have serious impacts on the fisheries economy of the country. The pandemic COVID- 19 also had multifaceted effects on the marine fish landings as the lock down put severe restrictions and reported a reduction in the marine fish landings from different coastal states of the country. However, the demand for fish continues to increase and people prefer more of marine fish. The present study on valuation of fish, an empirical analysis analysis is an attempt to understand the valuation of fish vis-s-vis landings over the period 2023. The study was done based on the fish price realization at the point of origin (Landing Centre Prices) and point of last sales (Retail Centre Prices) for the time period sourced from FRAEED and the landings of fish were obtained from NMFDC, ICAR-CMFRI. The objectives of the study is to assess the valuation of fish landings across different states vis-à-vis different major species, its share to landings and marketing efficiency

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