Catfish supply expected to increase during 2012 but with a stronger focus on quality and safety

(TheFishSite) After a difficult 2011 characterized by disease problems, weak markets and tight access to finance, the catfish supply situation is expected to improve in 2012, with Viet Nam focusing on quality of exports through massive efforts to apply international standards such as SQF 1 000, Global GAP or those of the Aquaculture Stewardship Council (ASC).

The EU import of freshwater fish totalled 209 000 tonnes, 12 percent less than 2011. Nearly 90 percent of this consisted of pangasius from Viet Nam. Demand for pangasius from Viet Nam is also on the increase in Asia, with Singapore, the Philippines and Thailand importing 39 percent, 86 percent and 37 percent more last year, respectively. Viet Nam is continuing its diversification strategy and has also increased exports to Mexico, Brazil and Saudi Arabia.

US frozen catfish imports grew 59 percent to 92 000 tonnes in 2011. Despite higher prices during the year, imported catfish remains an attractive product for consumers and the restaurant sector, and import value increased 78 percent, to USD 350 million in 2011.


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SPECIALIST ON
PANGASIUS MARKET

Ms Thu Hang

Email: thuhang@vasep.com.vn

Tel: +84.24.3771.5055 (ext. 214)

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