December 23, 2014 — Frozen-foods exports are expected to grow by 29.6% next year thanks in part to recovering shrimp shipments.
The Thai Frozen Foods Association projects shipments will hit 130 billion baht in 2015, up from an estimated 100 baht this year.
Shrimp production is expected to recover to 300,000 tonnes with 80 billion baht worth of exports.
President Poj Aramwattananont said the Thai frozen-food industry had encountered a spate of crises -a shrimp shortage due to an epidemic of early mortality syndrome (EMS), more stringent inspections to prevent illegal unreported and unregulated fishing in the seafood sector, the termination next month of EU tax privileges under the Generalised System of Preferences (GSP) and human trafficking allegations.
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