Vannamei Shrimp

Vannamei farming
Penaeus Vannamei vs. Penaeus Monodon
3500

3000

Penaeus vannamei
Penaeus monodon

THOUSAND TONS

2500

2000

Last 7 Years average annual growth 211%

1500

1000

500

Source: FAO
0

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

Penaeus vannamei

77

78

88

120

134

109

121

142

140

173

194

186

145

268

473

983

1298

1647

2091

2297

Penaeus monodon

1988
200

1989
258

290

374

439

495

559

566

537

480

503

548

631

673

632

724

708

665

637

590

P. Vannamei farming has grown vertiginously

VANNAMEI
HLSO

Urner Barry's: Vannamei Shirmp (HLSO) - Price $/lb (Ex-Warehouse, East or West Coast)

$/lb

0
Jan-09

Feb-09 Mar-09

Apr-09

May-09

Jun-09

Jul-09

Aug-09

16/20

21/25

26/30

31/35

36/40

Sep-09
41/50

Oct-09

Nov-09

Dec-09

51/60

61/70

71/90

Jan-10

Feb-10 Mar-10

91/110

-2-

Pescanovas Vannamei Shrimp project

Geographical breakdown of sales (2009,%)

Ecu ad o r
Nicar ag u a
Ho n d u r as
Gu at em ala
Tot al

Far m in g Ar ea
(h a)
4,517
5,553
1,200
225
1 1 ,4 9 5

Other
9%

Projected Vannamei Shrimp Production (Tons) & Average price

80.000

4,48

4,57

60.000
27.711

4,57

30.856

4,57

32.183

4,57

33.605

27.703

40.000
3 6 .6 4 4

4 1.5 4 7

4 1.16 6

4 2 .5 5 8

4 3 .9 8 4

2011

2012

2013

2014

20.000
2010

Own production

Third parties

5
4,5
4
3,5
3
2,5
2
1,5
1
0,5
0

Europe
52%

USA
39%

47,111 tons in 2009

Average Sale Price

The production traded through the Pescanova Group

goes mainly to the US, the EU and Japan
-3-

Vannamei Shrimp Farming Project of

the Pescanova Group
The Pescanova Group Project for
vannamei shrimp farming is located in 4
countries: Nicaragua, Ecuador, Honduras
and Guatemala.

Geographical diversification provides

the greatest guarantee in terms of
supply under potential problems such
as diseases, unfavorable weather
conditions, economic factors, labor or
social problems, etc in any of the
supplying countries.
Geographical diversification provides
product availability all year round.

-4-

The Pescanova Group

Vannamei Shrimp Farming
Vertical Integration:
Traceability.
Health Risks Control.

Geographical diversification allowing:

Guaranteed supply.
Risk diversification (diseases, weather, financial,
labor, political, etc.).
Year round availability.
Dimension and Competitiveness.

-5-

Traceability at the
Hatchery/Nursery
Hatchery

Nursery
Breeders transportation

Naupplii is transported to larvae culture

Genetic selection

Acclimatization

Maturation

Feed preparation (microalgae)

Nauplii hatching

Feed preparation (Artemia)

Nauplii harvest

Larvae tanls (Nauplii to PL 5)

Nauplii packing

Nursery up to PL 12/15 ready for sowing

Control throughout the whole process

-6-

Broodstock Rearing
Genetic Selection

-7-

Broodsock
Breeders Selection

Genetic Selection

-8-

Nauplii
Own production of nauplii

Traceability
Certification

Pathogen free

-9-

Larvae Laboratory
Larvinic

Algae Room

Biofilters

Larvae delivery at Miramar

- 10 -

Ecuador
Farming area: 4,517 ha.
Extensive Rearing

- 11 -

The Pescanova Group in Ecuador

EXPORTACIONES ACUMULADAS A DICIEMBRE 2010
No.

EXPORTADORES

LIBRAS

DOLARES

%/10

%/PAIS

PROMARISCO S.A.

42.683.507

126.157.970 19,04%

12,90%

EXPORTADORA DE ALIMENTOS S.A."EXPALSA"

36.124.446

91.348.967 16,12%

10,92%

SOCIEDAD NACIONAL GALAPAGOS S.A. SONGA

26.312.376

70.838.968 11,74%

7,95%

INDUSTRIAL PESQUERA SANTA PRISCILA

31.515.264

69.921.502 14,06%

9,53%

OMARSA SA OPERADORA Y PROCESAD.D.PROD.MARINOS

24.041.788

64.714.447 10,73%

7,27%

EDPACIF EMPACADORA DEL PACIFICO S.A

17.136.321

33.294.795

7,64%

5,18%

EMPACADORA GRUPO GRANMAR S.A.(EMPAGRAN)

13.830.786

31.969.222

6,17%

4,18%

COSTASTRA S.A.

8.919.752

28.778.785

3,98%

2,70%

PROCESADORA Y EXPORTADORA DE MARISCOS S. A.

11.596.206

27.082.858

5,17%

3,51%

11.996.866

25.945.149

5,35%

3,63%

TOTAL TOP-10

224.157.312

570.052.662

100%

67,75%

TOTAL PAIS

330.841.082

770.336.754

10 CRIADEROS DE MARISCOS S.A.(CRIMASA )

- 12 -

Shrimp Farms - Ecuador

Bellavista

- 13 -

Shrimp Farms - Ecuador

Santa Cecilia

- 14 -

Processing Plant - Ecuador

- 15 -

Processing Plant - Ecuador

- 16 -

Promarisco Processing Line

for Dardens Value Added products
A new processing line was built to process Dardens value
added products.
The line includes a Frigoscandia IQF tunnel with a capacity of 2
TM/hour.

- 17 -

The Pescanova Group in

Nicaragua
Camanica
Serviconsa

The Pescanova Group

in Nicaragua
No.

Serviconsa
E X P O R T A C IO N E S A C UM ULA D A S A D IC IE M B R E 2 0 10
EXP OR T A D OR ES

1 CAMANICA

LIB R A S

D O LA R E S

%/ 10

%/ P A IS

12.241.420 29.322.342 39,43%

33,44%

2 SERVICONSA

6.451.619 16.391.867 20,78%

17,62%

3 CAMPA

4.050.204 10.225.300 13,04%

11,06%

4 SAHLMAN SEAFOODS

3.968.353

9.531.267 12,78%

10,84%

5 SEAFOOD INT.

4.337.514

7.834.341 13,97%

11,85%

T OT A L T OP - 5
T O T A L P A IS

31.049.110 73.305.117 100% 84,81%

36.612.200 74.207.295

The Pescanova Group in Nicaragua (Camanica + Serviconsa)

was the top farmed shrimp exporter in 2010.
Camanica

- 19 -

Processing Plant - Camanica

- 20 -

Larvae Laboratory
Miramar

Monthly production
capacity 600 million larvae,
8 larvae rearing rooms with
20 ponds of 20 tons each,
6 raceways rooms with 20
ponds of 40 tons each.

The largest Larvae Culture Operation in Latin America

- 21 -

Miramar Algae Room

- 22 -

Shrimp Farms - Nicaragua

Agrimarsa II (Camanica)

- 23 -

Shrimp Farms - Nicaragua

Playa Grande (Serviconsa)

- 24 -

Grading and Processing

- 25 -

Processing Plant
Packing

- 26 -

The Pescanova Group in

Honduras
EXPORTACIONES ACUMULADAS A DICIEMBRE 2010
No.
1
2
3
4
5
6
7

EXPORTADORES

SAN LORENZO
SANTA INES
LITORAL
DELI
NOVAHONDURAS
IBERMAR
MARISCOS ELMER

LIBRAS

DOLARES

%/10

%/PAIS

14.296.770

50.342.327 33,61%

31,75%

11.565.467

30.995.452 27,19%

25,68%

5.472.860

14.338.893 12,86%

12,15%

4.977.066

13.139.454 11,70%

11,05%

3.412.357

7.438.938

8,02%

7,58%

2.563.420

6.511.087

6,03%

5,69%

252.805

659.821

0,59%

0,56%

TOTAL TOP-7

42.540.745

123.425.972

100%

94,47%

TOTAL PAIS

45.029.066

130.044.906

Lorette (Novahonduras)
- 27 -

Shrimp Farms - Honduras

Elizmar

- 28 -

The Pescanova Group in

Guatemala
EXPORTACIONES ACUMULADAS A DICIEMBRE 2010
N o . EXP OR T A D OR ES D E C A M A R ON

1
2
3
4
5

NOVAGUATEMALA, S.A.
ORO DEL PACIFICO, S. A.
ACUAMAYA, S.A.
PESCA, S. A.
COMARPA, S. A.

TOTAL TOP-5
TOTAL PAIS

LIB R A S

D O LA R E S

7.993.529
9.851.210
4.725.000
660.122
120.202

22.386.256
20.194.980
9.213.750
2.601.910
539.836

23.350.063
23.350.000

54.936.732
54.936.732

%/ 10

%/ P A IS

34,23% 34,23%
42,19% 42,19%
20,24% 20,24%
2,83% 2,83%
0,51% 0,51%

100%

100%

- 29 -

Shrimp Farms - Guatemala

Itxan

- 30 -

Processing Plant Novaguatemala

- 31 -

Processing Plant - Guatemala

Weighing

Mechanical grading

Freezing

Brine bath
- 32 -