This document provides information about establishing a shrimp farm. It discusses the project idea, production methods, seed supply, land requirements, costs, pricing, and market opportunities. The intensive method uses circular tanks that are 2 meters high with a sand substrate and flow-through water circulation system. Stocking density ranges from 200-250 shrimp per square meter. Production ranges from 1.5 to 3 tons per 1000 ton tank. The document also includes financial projections, pricing, and information on the growing global market for shrimp exports.
2. The Project Idea
• Shrimp farming has now developed into an
important export-oriented food industry especially
in South Asian countries. The perception of an
unlimited market demand, high export price,
generation of employment and increase in foreign
exchange earnings may have encouraged many
countries in the region rich in aquatic resources to
place high emphasis on the development of the
shrimp culture industry.
3. The production
The ponds used in this type of
farming system are generally
irregular in shapes and sized
(3–20 hectares). Usually each
pond has a peripheral ditch
10–20 m wide and 30–60 cm
deep.
4. Intensive method of culture operation
• This culture operation is more sophisticated requiring
very high financial and technical inputs. The rearing
facilities are either earthen ponds or concrete tanks.
• Sizes of pond or tank vary for 500 m2–5,000 m2 as
found in Japan, Taiwan, Philippines and Thailand.
Dikes may be of pure earthen material, earth coated
with plastic sheets or concrete
5. Intensive method of culture operation
• Culture facilities consist of circular tanks with capacities ranging from 1000 to
2000 tons and average height of 2 meters.
• A sand substrate covers the tank bottom and water circulation is effected by
flow through system.
• The shrimps are fed daily with high protein formulated diet. Stocking density
ranges from 200–250 per m2 and average production ranges from 1.5 to 3
tons per crop in 1000 ton tank and about 10–20 tons/ha/year in earthen
ponds with concrete dikes.
6. Seed Supply
• Shrimp fry are generally collected from the
wild. However, substantial number can be
supplied through shrimp hatcheries.
• Natural abundant supply of naturally
occurring post-larvae of Penaeid shrimp in
many tropical/ subtropical Asian countries
has supported a large number of shrimp
farms in the region. About 80% of the small
shrimp farmers still depend on wild fry for
culture. Fry are collected either through
trapping ponds or from natural fry grounds.
7. Seed from
hatchery
Shrimp hatchery has become an important supply
source for fry. Some hatcheries can produced shrimp
fry all year round as long as spawners are available.
An added advantage is that hatchery-bred fry of the
same age are almost uniform in size and can be
produced in large quantities at any one time. At
15–21 days old, the fry are ready for stocking in
ponds. Although wild fry are ready for stocking in
ponds. is inconsistent. The hatchery, therefore, is a
more reliable seed source.
8. Production
Improved Traditional
(within CRZ)
Extensive
(outside CRZ)
1 Farm Size 5 ha 5 ha
2 Culture period 4-4 ½ months 4-4 1/2 months
3 Stocking density ( PL-20) 50,000/- ha 1,00,000/- ha
4 Survival 70% 65%
5 Expected production 1.2 tonnes/ha/crop 2.5tonnes/ha/corp
9. Market
Opportunity
• Saudi Arabia Is Shipping 6,000 Tons of Shrimp a
Week to China
• Overall exports of shrimps totaled US$19.3
billion in 2017.
• That dollar amount reflects a 17.9% gain since
2013 and a 6.1% uptick from 2016 to 2017.
• Global shipments of frozen shrimps fared much
better than international sales for fresh, salted or
smoked shrimps. The value of exported frozen
shrimps increased by 24.6% from $15.4 billion in
2013 to $19.2 billion during 2017. Year over year,
exports for frozen shrimps improved by 11.4%
from 2016 to 2017.
10. Health Benefits of Shrimps
Beneficial in eliminating bad cholestrol
Reduces risk of lung and prostate cancer
Helps to prevent hair loss
Helps maintain healthy bones
Helps improve memory performance
Gives relief from menstrual cramps in women
Aids in treating age-related macular degeneration
11. Frozen Shrimp Exports by Country (Seawater)
• 030626 for fresh, salted or smoked freshwater shrimps and prawns.
• Frozen Shrimp Exports by Country (Seawater)
• Frozen seawater shrimps generated $17.4 billion in export sales during 2017, up by 27.7% from $13.6 billion in 2013
and up by 10.4% from 2016 to 2017.
Below are the 15 countries that sold the highest dollar value worth of globally exported frozen seawater shrimps:
• India: US$3.9 billion (22.2% of
exported frozen seawater
shrimps)
• Ecuador: $2.7 billion (15.4%)
• Vietnam: $1.8 billion (10.6%)
• Indonesia: $1.4 billion (8.1%)
• Argentina: $1.2 billion (6.9%)
• Thailand: $921.6 million
(5.3%)
• China: $905.2 million (5.2%)
• Bangladesh: $488.1 million
(2.8%)
• Mexico: $441.0 million (2.5%)
• Spain: $343.8 million (1.98%)
• Belgium: $335.1 million (1.93%)
• Netherlands: $276.3 million
(1.6%)
• Saudi Arabia: $228.2 million
(1.3%)
• Peru: $216.2 million (1.24%)
• Honduras: $207.8 million (1.2%)
.
12. • By value, the listed 15 countries shipped 88.2% of all exported frozen seawater shrimps in 2017.
Among the above countries, the fastest-growing frozen seawater shrimps exporters since 2013 were:
Saudi Arabia (up 3,620%), Ecuador (up 118.3%), Argentina (up 94.8%) and Mexico (up 76.3%).
Three countries incurred declines in their exports of frozen seawater shrimps namely Honduras (down -
23.4%), China (down -21.9%) and Vietnam (down -7.2%).
13. TOTAL SHRIMP SOLD IN KUWAIT AND PRICE IN
2015
Total Companies Imported Local
Quantity KG 3,566,509 243,269 2,122,200 1,201,040
Value KD 8,585,912 462,698 4,497,361 3,625,856
Average Price 2.407 1.902 2.119 3.019
0
0.5
1
1.5
2
2.5
3
3.5
-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
AxisTitle
14. QUANTITIES AND VALUES OF LOCAL SHRIMP SOLD
2013 2014 2015
Quantity KG 1261960 1262860 1201040
Value KD 3073566 3844206 3625856
Average Price 2.436 3.044 3.019
0
0.5
1
1.5
2
2.5
3
3.5
0
500000
1000000
1500000
2000000
2500000
3000000
3500000
4000000
4500000
AxisTitle
15. Land
Item Number Each Size Total
1 Nursury - Ponds 5 750 3750
2 Concret Ponds- 5 500 2500
3 Ponds 20 5000 100000
4 Removing and Cleaning Area 2 4000 8000
5 Processing 2 4000 8000
6 Labor Housing 1 3000 3000
7 Handling and Packing 1 2000 2000
Total Total 127250
Open Spaces/ SideWays 20% 25450
Total Area 152700
17. The pricing of our products will be as follows:
Small Size – 2.5 KWD/Kg
Medium Size – 3.5 KWD /Kg
Big Size – 4.5 KWD /Kg
18. Item Year 1
Computer and IT Infra 150,000
Furnishing 200,000
Ponds 5,000,000
Office and cold room 500,000
Equipment and Machinery 2,500,000
Pre Operative Expenses 100,000
Launching Promotion 200,000
Website and Application 150,000
Working Capital 2,000,000
Raw Material 1,200,000
Total Fixed Assets 12,000,000
19. Manpower Investment No.
General Manager 1
Farm Manager 1
Marine Technician 1
Technicians 0
PR and Admin 1
Business Development/ Government Relation 1
HR 1
Exports and Marketing 1
Labor 3
Driver 1
Cleaning Staff 2
20. Statement of Profit & Loss
Particular Year 1 Year 2 Year 3
Total Revenues 7,438,500 11,864,806 19,098,800
Cost of Sales 3,699,000 5,900,103 9,497,407
Gross Profit 3,739,500 5,964,703 9,601,393
Salary and Other Staff Cost (673,200) (669,600) (870,012)
Other General & Admin Exp (971,058) (1,226,602) (1,180,838)
Selling and Distribution Expense (152,218) (238,575) (512,322)
Other Expenses (764,235) (1,218,996) (1,962,220)
Total Operating Expenses (2,560,711) (3,353,773) (4,525,392)
Operating Income (EBIDTA) 1,178,789 2,610,930 5,076,001
Impairment Loss on Property & Equipment
EBIT 1,178,789 2,610,930 5,076,001
Finance Cost (172,499) (155,923) (139,012)
EBT 1,006,290 2,455,007 4,936,990
Zakat & Other Tax - - -
EAT 1,006,290 2,455,007 4,936,990
INCOME STATEMENT
21. Statement of Financial Position
Particular Year 1 Year 2 Year 3
Non Current Assets
Property, Plant & Equipment 3,112,857 2,575,714 2,038,571
Other Fixed Assets
Total Non CurrenT Assets 3,112,857 2,575,714 2,038,571
Current Assets
Inventories 70,972 131,483 271,507
Trade Receivables 371,925 1,080,329 1,402,564
Other Receivables/ Other Current Assets
Cash and Cash Equivalents 5,750,262 7,196,185 11,493,349
Total Current Assets 6,193,159 8,407,997 13,167,421
Total Assets 9,306,016 10,983,711 15,205,992
Current Liabilities
Trade and Other Payables 20,972 91,483 241,507
Current Portions of Term Loan 50,000 40,000 30,000
Bank OverDraft
Others
Total Current Liabilities 70,972 131,483 271,507
Long Term Liabilities
Non Current Portions of Loan 8,178,754 7,340,931 6,486,198
Provision for Staff Indemnity
Total Long Term Liabilities 8,178,754 7,340,931 6,486,198
Total Liabilities 8,249,726 7,472,414 6,757,705
Share Capital 50,000 50,000 50,000
Statutary Reserves
Voluntary Reserves
Partners Current Accounts
Retained Earning 1,006,290 3,461,297 8,398,287
Total Equity 1,056,290 3,511,297 8,448,287
Total Equity & Liability 9,306,016 10,983,711 15,205,992
22. THANK YOU
Venture Art Co. WLL
+96566845149
zia@ventureart.biz
zia@milestonevision.com