Pangasius

(seafood.vasep.com.vn) In 2023, Vietnam's pangasius exports reached 1.8 billion USD, down 25% compared to 2022. In 2023, Vietnam's pangasius exports faced many difficulties because demand declined, especially in the European and Chinese markets. However, in the last months of 2023, exports recorded positive growth, which is a positive signal for the industry in 2024.

(seafood.vasep.com.vn) According to data from Vietnam Customs, Vietnamese pangasius exports in 2023 have reached more than 1.8 billion USD, down 25% compared to 2022.

(seafood.vasep.com.vn) In 2023, the world imported nearly 1.8 billion USD of pangasius from Vietnam, down 26% over the same period in 2022.

(seafood.vasep.com.vn) The pangasius market in China is warming up as distributors are switching to stock up, instead of releasing inventories as before.

(seafood.vasep.com.vn) Brazil is the third largest market consumer of Vietnam’s pangasius. For many years, Vietnam has been a supplier of white fish (mainly pangasius) to Brazil.

(seafood.vasep.com.vn) According to the Department of Agriculture and Rural Development of An Giang, the implementation of the 3-level pangasius breeding production project in the Mekong Delta in An Giang currently has investments from 4 enterprises in technology-oriented farming in a high-concentration area of 442.3 ha. Among which, Viet Uc Seafood Corporation has invested 104 ha; Nam Viet Binh Phu Seafood Company Limited has invested 600 ha (including 150 ha for breeding); Loc Kim Chi Development Company Limited with 140 ha; and Vinh Hoan Joint Stock Company with 48.3 ha. These projects are currently underway and put into production, contributing to improving pangasius seed quality in An Giang province.

The Vietnam Trade Office in Algeria coordinated with the Carrefour supermarket system in Algeria to organize activities to introduce and promote Vietnamese products such as coffee and pangasius fillets at the Carrefour hypermarket in City Center shopping center in the capital Algiers.

Shrimp demand in Korea is forecast to grow by an average of 8.9% per year in the period 2023–2033, opening up great opportunities for Vietnamese shrimp in Korea

(seafood.vasep.com.vn) As of November 15, 2023, Vietnam pangasius export turnover reached 1.6 billion USD, down nearly 28% compared to the same period in 2022.

(seafood.vasep.com.vn) The latest data shows that the domestic market continues to be the foundation for Vinh Hoan Corp 's (VHC) business activities while export activities have not clearly recovered.

According to data from Vietnam Customs, cumulatively in the first 10 months of this year, Vietnam's pangasius exports to CPTPP member countries reached more than 200 million USD, down 28% over the same period last year, accounting for 13% of Vietnam's total pangasius exports to markets.

(seafood.vasep.com.vn) Some experts believe that pangasius has an advantage in China, with the potential for explosive growth if it replaces other ingredients in some dishes.

(seafood.vasep.com.vn) According to data from Vietnam Customs, as of October 15, 2023, the EU market imported more than 134 million USD of Vietnam’s pangasius, down 19% compared to the same period in 2022.

(seafood.vasep.com.vn) According to data from Vietnam Customs, in September 2023, Vietnam's pangasius exports recorded positive growth for the first time since the beginning of this year, with a value of nearly 167 million USD, up 1% compared to the same period last year.

(seafood.vasep.com.vn) In September 2023, Japan ranked 4th in the CPTPP market in importing Vietnamese pangasius after Mexico, Canada and Singapore. Vietnam’s pangasius exports to Japan in September 2023 reached 3 million USD, up 10% over the same period last year, contributing 13% to total pangasius imports of CPTPP. Accumulated in the first 9 months of 2023, pangasius exports to this market reached 24 million USD, down 15% compared to the same period in 2022.


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