(seafood.vasep.com.vn) In 2017, the UK was the only market with the positive growth in pangasius imports from Vietnam. By the end of the year, Vietnam’s pangasius exports to this market valued at US$45.7 million, accounting for 2.6% of the total export value, up 2.5% over 2016. With this value, the Netherlands and the UK stayed as the two largest pangasius exporters of Vietnam.
So far, Vietnam pangasius had to compete with other whitefish products in the UK such as frozen cod, haddock and frozen pollock.
Vietnam pangasius has more competitive prices compared to other whitefish products. In the coming time, the UK expected to be a potential market of Vietnam’s seafood companies.
Currently, Vietnam held as the 6th largest supplier of whitefish to the UK market. Iceland and China were the two leading ones, accounting for 20-45% of the UK imports. In particular, cod products accounted for the largest proportion of UK imports in 2017. Apart from exporting pangasius, Vietnamese exporters also supplied some cod fish products to the market.
In 2018, Vietnam’s pangasius exports forecasted to slightly increase and remain the same level as that in 2017. However, compared with other importing markets in the EU, Vietnam’s pangasius exports to the UK continued to show the positive growth and good signs of recovery.
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Whitefish imports into the UK, Jan-Oct 2017 (Thousand US$, Source: ITC)
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Exporters
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Jan
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Feb
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Mar
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Apr
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May
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Jun
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Jul
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Aug
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Sep
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Oct
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Iceland
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9,336
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2,799
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14,073
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22,477
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15,550
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12,859
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15,074
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12,121
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16,028
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16,712
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China
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16,620
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12,282
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13,376
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11,407
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16,084
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17,087
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18,939
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18,136
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18,945
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12,619
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Norway
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8,930
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8,000
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11,863
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5,333
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10,030
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9,728
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5,367
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6,013
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8,566
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9,348
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Denmark
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1,344
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2,865
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3,263
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2,417
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3,125
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3,563
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3,387
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5,417
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4,387
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4,687
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Russia
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3,636
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3,470
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11,808
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12,422
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10,064
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9,493
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6,196
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10,437
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8,205
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4,644
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Vietnam
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2,879
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3,457
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3,032
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3,617
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4,315
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4,898
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5,065
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6,680
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6,274
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3,816
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Poland
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2,751
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2,384
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3,832
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3,130
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2,605
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2,580
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2,333
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3,394
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3,389
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2,513
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U.S
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1,236
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1,586
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2,309
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2,023
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1,480
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1,389
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1,781
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1,854
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819
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2,419
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Faroe Islands
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5,476
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2,307
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4,991
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2,749
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3,799
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7,519
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5,189
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10,639
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2,576
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2,082
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Germany
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6,722
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1,850
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5,283
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6,001
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5,761
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7,641
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3,944
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2,292
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9,146
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1,501
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Canada
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703
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596
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56
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149
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48
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-
|
167
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453
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581
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1,019
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Ireland
|
106
|
200
|
228
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294
|
385
|
402
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357
|
311
|
228
|
436
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Lithuania
|
495
|
108
|
334
|
367
|
184
|
146
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-
|
300
|
432
|
286
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South Africa
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936
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827
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217
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115
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675
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865
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1,153
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-
|
312
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245
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World
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63.374
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45,100
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77,424
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74,650
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76,610
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79,918
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70,131
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80,132
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82,310
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63,057
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