Comparative Dynamics In Marine Product Exports: National Trends Versus Tuticorin's Contribution Over A Decade

Abstract

This study compares national data with contributions from Tuticorin over a ten-year period to evaluate the dynamics of India's marine product exports, with a focus on frozen shrimp. The study makes use of secondary data from reliable sources including NFDB, MPEDA, and CAA and applies a thorough analytical approach. To identify patterns, three-year moving averages, compound annual growth rates (CAGR), and year-over-year growth rates are computed. The findings show that marine product exports from Tuticorin and across the country have increased significantly in both volume and value, with significant peaks in 2022–2023. Global shocks such as the COVID-19 pandemic caused fluctuations, but the sector showed resilience and recovered well after 2020. Tuticorin's export potential has been greatly enhanced by its advantageous location and state-of-the-art processing facilities, especially in frozen shrimp. Nonetheless, the study draws attention to issues including market volatility and disease vulnerability, highlighting the necessity of strong management procedures and market diversification. In order to secure long-term growth and competitiveness in the international seafood market, the findings highlight the significance of regional contributions to national export strategy and the necessity of focused improvements in infrastructure, market intelligence, and sustainability standards.