International Journal of Agriculture Extension and Social Development

author(s)
Ramana Kumari Y, Rajeswari S, Hyma Jyothi S, Vani N, Srikala M and Srinivas T

abstract
This study examines the export trends of marine products from India, analysing growth rates, trade instability and market direction over the period 2003-04 to 2022-23. Findings indicate that dried marine products experienced the highest growth in both export quantity (12.74%) and export value (14.54%), while frozen cuttle fish had the lowest growth in quantity (1.86) and value (8.9%). Export instability measured using Cuddy-Della Valle Index, was highest for dried marine products in quantity (39.11%) and in value (35.84%) and lowest for frozen cuttlefish in quantity (13.85%) and in value (15.68%). The major markets for India’s marine product exports were USA, South East Asia, Europe, China, Middle East and Japan. All markets except China showed positive growth in export quantity. The USA led with the highest growth rate in both export quantity (14.22%) and export value (20.39%) and moderate instability in quantity (29.75%) and value (33.49%). Despite a notable increase in export value (13.98%), China was the most volatile market, with instability levels reaching 63.38 percent in quantity and 58.19 percent in value. Markov chain analysis of export trends showed frozen shrimp as the dominant product, maintaining a 92.60 percent market share. Frozen squid and live items exhibited least share of export basket. South East Asia emerged as the most consistent market, retaining 89.23 percent of its trade share, followed by the USA (87.61%) and China (85.19%). In contrast, Japan had the lowest retention rate (28.25%) indicating weaker market loyality.