Up in Vietnam pangasius sales to the UK in QII

(seafood.vasep.com.vn) In the first 6 months of 2015, Vietnam pangasius exports to the UK was up 41% year on year. The UK was the 4th largest importer of Vietnam pangasius in the EU bloc after Spain, the Netherlands and Germany.

In Jan 2015, the shipments to the market showed the highest increase of 97.8% compared to the same period in 2014. The figure in Feb-May 2015 climbed by 12-60.5% year on year. In 2015, Vietnam’s pangasius sales to the UK hit US$46.5 million, up nearly 14% compared to 2014.

In the first 3 months of 2016, the exports to the UK saw falls of 0.6% to 28.4% over the same period last year. However, in QII/2016, the shipments to the market increased significantly from 8% to 13.7% compared to the same period in 2015.

Up to now, Vietnam pangasius exports to the UK market still have many opportunities for raising its market share. However, pangasius products from Vietnam have to compete strongly with whitefish products in this market. Imports of frozen cod and frozen haddock still account for a large proportion with 65% of total whitefish imports into the UK. Currently, whitefish products from China and Russia still dominate the UK market. With the advantage in export price, Vietnam pangasius exporters should set the strategies to boost exports to to the market.

Whitefish imports into the UK (Thousand US$)

HS code

Products

Jan

Feb

Mar

Apr

Jan-Apr 2016

Jan-Apr 2015

Variation (%)

030471

Frozen cod fillets

35,081

37,442

50,480

30,557

153,560

153,820

-0.17

030472

Frozen haddock fillets

5,633

9,027

10,883

7,126

32,669

41,038

-20.4

030364

Frozen haddock

4,565

2,998

3,358

4,101

15,022

11,655

28.9

030363

Frozen cod

5,709

4,973

3,856

3,999

18,537

18,725

-1

030462

Frozen pangasius, catfish fillets

3,246

2,886

3,130

3,939

13,201

14,082

-6.26

030251

Fresh/chilled cod

3,117

3,734

3,853

3,735

14,439

12,412

16.3

030475

Frozen Alaska pollock fillets

8,534

4,385

5,482

3,730

22,131

21,304

3.9

030252

Fresh/chilled haddock

3,186

3,228

3,683

3,638

13,735

15,007

-8.5

030474

Frozen hake fillets

1,866

204

855

819

3,744

4,938

-24.2

030494

Frozen Alaska pollock meat

518

414

492

542

1,966

1,994

-1.4

030272

Fresh/chilled pangasius, catfish

501

315

355

391

1,562

1,744

-10.4

030323

Frozen tilapia

355

395

178

273

1,201

1,173

2.39

030366

Frozen hake

3

116

95

140

354

490

-27.7

030324

Frozen pangasius, catfish

157

169

138

111

575

595

-3.36

030461

Frozen tilapia fillets

348

274

466

81

1,169

1,686

-30.7

030493

Frozen tilapia, pangasius meat

31

11

14

44

100

137

-27

030254

Cá Hake tươi, ướp lạnh

26

34

64

42

166

240

-30.8

030432

Cá tra, cá da trơn tươi, ướp lạnh

25

34

43

32

134

112

19.6

Wirtten by Ta Ha

Compiled by Dieu Thuy


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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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