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Growth and Instability of Frozen Food, Shrimp and Fish Export from Bangladesh

M.A. Awal
Department of Agricultural Economics, RARS, BARI, Rahmatupur, Barisal

M.E. Haque
Department of Agricultural Statistics, BAU, Mymensingh-2202, Bangladesh

M.F. Imam
Department of Agricultural Statistics, BAU, Mymensingh-2202, Bangladesh

Abstract/ Executive Summary:

The study estimates the growth rates of frozen food, shrimp and fish export and instability of export earnings. The study evaluates the export marketing of frozen food, shrimp and fish by using time series aggregated data from the year of 1972-73 to 2003-04. The growths of frozen food were 57, 14 and 9% during period I, II and III, respectively. The export growth rate of shrimp was 54% in period I and 14 and 10%, in the period II and III, respectively. The overall estimated shrimp export growth was 22%. The growth rates of fish export earning during period I, II and III were 6, 26 and 7%, respectively. The negative fluctuations in frozen food were more deep during 1974-75 (-67%), 1977-78 (19%) and 1980-81(14%). The large positive deviations were observed during 2002-03 (52%), 1973-74 (28%) and 1978-79 (13%). The negative fluctuation of shrimp export earnings more deep during 1974-75 (-65%), 1977-78 (-20%) and 2001-02 (-14%) and positive deviations were in 2002-03 (53%),1973-74 (25),1976-77 and 2000-01 (15%) and 1978-79 (13%). The positive fluctuations offish export earnings were in 1973-74 (64%), 1985-86 (61 %) and 1975-76 (54%) and negative fluctuations in the year 1976-77 (-85%), 1984-85 (-46%) and 2001-02(-27%). The contribution of shrimp sector to our total export earnings was 5% in 2003-04 and insignificant share of only 0.84% in the year 1972-73. It was revealed that the present circumstances of this sector demands different institutional supports desperately from different angles to enhance the marketing activities and to strengthen the competitive position in the international market with a view to ensuring more contribution to our economy from the aforementioned.

Keywords: Growth instability , Fluctuation, Exort

Location: From secondary sources (EPB, 2004)

Start Date: 00-00-1972

End Date: 00-00-2004

Program Area: Socio-economic and Policy

Commodity: Shrimp

Objectives:

To estimate export growth and instability of frozen food, shrimp and fish
To estimate the contribution of frozen food shrimp to the total export earnings.

Methodology:

To achieve the stipulated objectives, the present study has been carried out on the basis of shrimp export time series data from Bangladesh pertaining the period 19972-73 to 2003-04, which were collected from secondary sources (EPB, 2004). This is the only government level institute responsible for collecting and storing necessary data required for future export planning and development of the country. Both tabular and functional techniques were applied for the analysis and interpretation of data. To calculate growth rates of total export, frozen food export, shrimp export and fish export, the time period had been divided into different phase as : Period I ( 1972-73-82-83) , Period II (1982-83-1992-93) ,Period III (1992-93-2003-04) and Overall period IV (1992-93-2003-04) .

Source of Information: Pakistan Journal of Biological Sciences 9 (10): 1945-1949, 2006; ISSN 1028-8880

Article Link (Online Journal):

Funding Source:

Total Budget (Tk.) :

Achievement/Findings:

The export growth rate of shrimp was 54% in period I and 14 and 10% in the period II and III, respectively. The overall estimated shrimp export growth was 22%. The growth rates of fish export earning during period I, II and III were 6, 26 and 7%, respectively. The negative fluctuations in frozen food were more deep during 1974-75 (-67%), 1977-78 (19%) and 1980-81(14%). The large positive deviations were observed during 2002-03 (52%), 1973-74 (28%) and 1978-79 (13%). The negative fluctuation of shrimp export earnings more deep during 1974-75 (-65%), 1977-78 (-20%) and 2001-02 (-14%) and positive deviations were in 2002-03 (53%),1973-74 (25),1976-77 and 2000-01 (15%) and 1978-79 (13%). The positive fluctuations offish export earnings were in 1973-74 (64%), 1985-86 (61 %) and 1975-76 (54%) and negative fluctuations in the year 1976-77 (-85%), 1984-85 (-46%) and 2001-02(-27%). The contribution of shrimp sector to our total export earnings was 5% in 2003-04 and insignificant share of only 0.84% in the year 1972-73. It was revealed that the present circumstances of this sector demands different institutional supports desperately from different angles to enhance the marketing activities and to strengthen the competitive position in the international market with a view to ensuring more contribution to our economy from the aforementioned.

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