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API receives Government Approval to begin shipments to Indonesia and Turkey
During the month of July, American Penaeid Inc. (API) received approval to export their SPF High Vigor brood stock to Indonesia and Turkey. Mr. Venkat Kumar, API Sales Manager (India), says that in the month following their approval in Indonesia, API has received orders for more than 8,000 brood stock from that country. Several Indonesian hatcheries have reached out to API in search of a heartier brood stock line to replace the lines they currently use. A new line that would provide bountiful harvests for the Indonesian farmers even under stressful and disease exposed pond conditions.
API’s Brood Stock Multiplication Center is located in Pine Island on the Southwest Florida Coast of the USA. The brood stock was developed using gene-based selection techniques which diminish inbreeding while improving survival and growth in normal and stressful environmental pond conditions. When API sent their first brood stock shipments to China in 2016, their orders were around 10, 000 pieces for the whole year. After that 1st year when the farmers had successful harvests in their ponds, API’s market share in China has grown exponentially. API is now a major supplier to the Chinese brood stock market, selling almost 4 lakh brood stock animals every year. Each year their market share increases based on the farmers demand for API’s high vigor line.
In March 2019, the Coastal Aquaculture Authority (CAA) permitted API to supply SPF High Vigor Brood stock for India’s hatcheries. Later that year API supplied around 16000 brood stock to 10 hatcheries in India. However, in 2020, despite having orders from hatcheries in India, API lost a few consignments due to flight restrictions resulting from the Covid-19 pandemic. Based on positive response from Indian hatcheries and farms API forecasts delivering 10000 brood stock animals between now and the end of 2020.
American Penaeid Inc is working to develop a strong market share in India. It has been challenging finding the correct footing in India, as most hatcheries are focused on high output of seed stock and fast growth animals. Feedback from farmers that stocked ponds with the API High Vigor line has been very positive. According to Mr. Venkat some farmers are reporting 100% survival. Shrimp performance continues to improve, and API is very excited for the future. Other farmers believe that ponds stocked with the API High Vigor line are so resistant they provide disease protection to adjacent ponds stocked with seed from other suppliers. In farming, API doesn’t get infected whitegut and survival remains even though its effect. Growing the API market share in India is going to take time, but as in other markets, API High Vigor brood stock are becoming known in India for their high-level tolerance and resistance.
Mr. Venkat says that API is encouraged by the tremendous results achieved by the Indian farmers and the repeat orders being placed from the hatcheries. Arrival shipping survival rates is 95% or more even though API doesn’t use any chartered flights. He says the normal price of API brood stock is 65$ but is offering lower prices for the month of August and September to Indian hatchery operators. For orders of 800 pieces, the price for these 2 months has been reduced to $58 including freight. Larger orders may be given additional discounts.