(seafood. vasep.com.vn) In January 2023, the volume of pangasius exported to Brazil reached 1,194 tons, the lowest level since May 2022. The average price of Vietnamese pangasius exports to Brazil in January reached 3.06 USD/kg, up 3% compared to 2.98 USD/kg in the same period last year. Compared with the same period, the volume of pangasius exported to Brazil decreased by 79%.
In January 2022, the volume of Vietnamese pangasius exported to Brazil also reached a monthly record, then gradually decreased to the lowest level after 2 years in May with only 1.1 thousand tons. Exports recovered gradually in the third quarter but then declined sharply from November until now due to the impact of inflation and economic slowdown.
In 2022, Vietnam's pangasius exports to Brazil reached over 95 million USD, up 35% compared to 2021, mainly thanks to the increase in average export prices. The peak was in July 2022, the average price of pangasius exports to Brazil reached a record of 3.55 USD/kg, up 51% over the same period last year.
As of mid-February 2023, Vietnam's pangasius exports to Brazil reached US$10.5 million, down 51% over the same period last year. In the general decline trend to most markets, Brazil still ranked the 4th largest import market of Vietnamese pangasius, accounting for nearly 7% of the share.
Brazil's total aquaculture imports in 2022 decreased by 1% in volume but increased by 23% in value compared to 2021, reaching 130,259 tons, worth $897.8 million. Import value increased mainly due to the increase in imports of salmon and pangasius compared to the previous year.
Among the main farmed fish species imported by Brazil in 2022, salmon ranked first at the list with 100,330 tons, worth more than 803 million USD and accounting for 91% of the total import value. The volume of salmon imports remained unchanged but the value increased by 22%. Pangasius imports into Brazil also remained the same in volume but increased by 45% in value to 28,407 tons, worth $90.9 million.
Forecast on Vietnam pangasius industry in 2023 - 2025
Compiled by Thuy Linh