Business Research – Frozen Shrimp Thailand

Business Research – Frozen Shrimp Thailand.
Since early 1990s, Thailand has become a world’s leading farmed shrimp producer and exporter. Demand from domestic market and the world has been increased significantly. In 2009, exported fisheries products reported by DOF(Department of Food) were 1.9 million tons and THB 224,542 million in value. The main products are canned tuna, frozen fish and frozen shrimp but when compared in value, the most valuable export products are frozen shrimp, preserved (boiled) shrimp, canned tuna and frozen fish. For this reason, the shrimp industry must play a more important role in terms of international trade and income. (Table 1. Page 11)
Seeing this as an opportunity, we decided to create a new company which produces frozen shrimp products to fulfill the demand of the domestic and the world. Our products are made from frozen shrimps which after processed and being pack to be used for many purpose of consuming. The special things about our product is the source of raw materials, they all come from the trusted and qualified farm in Thailand. They are fresh and high quality so the outcome from those materials will have an excellent quality.
The report will briefly mention about problem that a new entry might face when starting new business in this field such as competitors, internal and external factors that affect it. Research objectives are our main focus in this research paper and those questions developed from the objects. 1. Introduction 1. Product Background 1. Product Description Shrimp is processed or boiled under standardized manufacturing process before proceeding to freezer, being packed and ready for shipment to consumers worldwide. Frozen shrimp products are available in a wide variety, ranging from whole, headless, tail-on, headless and shelled, boiled and to value-added products, e.g. sushi and breaded. In addition, pouched products are also available for more convenient preparation.

Product category: 1. Current Market Situation Thailand is now the world’s leading exporter of shrimp products, supplying over 20 percent of the world trade in shrimps and prawns. Under the HS code “030613 – Shrimps and prawns, frozen, in shell or not, including boiled in shell”, Thailand is No.1 exporter in the world with the exported value $1.7 million and keep 12% annual growth since 2007 to 2011.
Sources : ITC calculations based on UN COMTRADE statistics. Export 2010 -2011 Export 2011 – July 2012 Export Jan-May 2012 Import Jan-May 2012 Source: 1. Competitors Our direct competitor is CP, they sell similar product like us. At the moment, they operate three shrimp processing facilities on the nation’s east coast. Combined capacity is 180,000 tons per year, with product forms ranging from raw and cooked commodity shrimp packs to tempura shrimp, garlic herb shrimp ready meals and other value-added items sold under the proprietary CP, Captn’s Pack and Authentic Asia brand names, as well as under private labels. Shrimp exports in 2010 topped 50,000 tons, of which branded products accounted for approximately one-third of total volume sales.
Currently 70% to 80% of the shrimp packed and processed by CP comes from company-owned and operated farms, with most of the rest supplied by independently-run farms in Thailand. Its vertically-integrated system includes hatcheries and aquatic feed mills. Our indirect competitors are those who supply shrimp to CP Problem Statement.
Business Situation Even Thailand is one of the leading countries in producing and exporting frozen shrimp. However, the Thai shrimp industry is beginning to face a number of obstacles in the world market, such as stronger competition, trade policies and non-trade policies of major importing countries in particular. So establishing a new company for us now is a big challenge, we are trying to enter to the domestic market and soon expand business in order to perform international business trading.

Business Research – Frozen Shrimp Thailand

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with MyhomeworkGeeks
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
I am beyond eager to write this review for this writer. I received a grade of "Mastered"upon first submission on this assignment. I will shout to the rooftops ENCOURAGING you to hire him. I have used other writers but NONE have delivered such awesome work as this writer and NONE of their prices can compare to his. He does not try to "break the bank" and he works hard; it shows in the final paper and the grade. He is simply,THE BEST HERE!!
Customer 452995, November 16th, 2021
Criminal Justice
This has been the greatest help while I am recovering from an illness. Thank your team so much.
Customer 452671, May 2nd, 2021
IT, Web
Awesome paper in such a short amount of time. Was in a jam with another service who didn't deliver, but Theresa did the job correctly. I will use her again to do my essays for sure!
Customer 452967, November 27th, 2021
English 101
Thank you for this excellent analysis of the Alchemist.
Customer 453213, June 15th, 2022
Health Care
The writer did not follow my choice of topic (Food/Water Insecurity, Hunger, & Poverty), the paper was instead written about Climate Change in Africa. However, the paper was still great and informative. Thank you!
Customer 452777, January 28th, 2022
Customer 452591, March 18th, 2021
It was a very long paper, but she followed all the instructions, and she even finished the paper 5 days before the due date. Will write an essay with her again, thanks!
Customer 452967, November 27th, 2021
Looks great and appreciate the help.
Customer 452675, April 26th, 2021
Human Resources Management (HRM)
Very well written and very impressed with this service!
Customer 453077, February 16th, 2022
Thank you
Customer 453087, March 5th, 2022
Looks amazing!
Customer 453283, September 2nd, 2022
It was gotten well after time I needed to make needed additions, but it is something that did help me. I could not get the concept of ho to start such a project but now reading this, I was over thinking the project it seems.
Customer 452801, July 19th, 2021
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Live ChatWhatsApp

Are You Looking For Assignment Help? We Can Certainly Assist You