This is the presentation of Mr. Pham Huu An - Director of An Loc Nguyen Co., Ltd in the Conference “Global shrimp demand and Vietnam’s supply capacity to 2025” in the framework of Vietfish 2018.
VIETNAM: CULTIVATION-PRODUCTION-EXPORT FOR SHRIMP
A 10-YEAR TREND OF SHRIMP CULTIVATION OF BLACK TIGER & VANNAMEI IN VIETNAM
TOTAL BRACKISH SHRIMP CULTIVATED AREA DURING LATEST DECADE : 600.000-700.000 HEC-TA.
TWO MAIN SPECIES: BLACK TIGER SHRIMP & WHITELEG VANNAMEI SHRIMP: A TRADITIONAL SUPPLY FROM VIETNAM
CULTIVATED BLACK TIGER SHRIMP STARTED BY EARLY 1990 THROUGH 2000 WITH STABLE ANNUAL QUANTITY BY 300,000 METRIC TONS
WHITELEG VANNAMEI SHRIMP WAS INTRODUCED IN VIETNAM BY THE YEAR 2000 AND GOT APPROVED BY MARD FOR DEVELOPING CULTIVATION BY 2008.
SHRIMP CONSUMPTION A 10-YEAR TREND :2006-2015:
WHITELEG VANNAMEI SHRIMP SHARE 69%; BLACK TIGER SHRIMP 4%; SEA CATCH 7%
POPULAR SIZES AND PRODUCTS
YEAR 2017: USA IMPORTED TOTAL SHRIMP VALUE USD 6,5 BILLION
BLACK TIGER SHRIMP HAS BEEN RADICALLY POPULAR IN JAPAN ; HOWEVER, THIS TREND HAD BEEN CHANGED WHEN BLACK SUPPLY GETTING LESS AND HIGHER PRICE.
SHRIMP – A LOVED FOOD FOR DAILY MEALS IN JAPAN.
YEAR 2017: JAPAN IMOPRTED SHRIMP VALUE USD 2.5 BILLION
THE RISING HEALTH AWARENESS AMONG CONSUMERS FOR SHRIMP CONSUMPTION
HIGH CONTENT OF ANTIOXXIDANT ASTAXANTHIN
ANTI-CANCER, REDUCE OF PRE-MATURE AGING, WEIGHT MANAGEMENT, HEALTHY FOR CIRCULATORY SYSTEM AND BRAIN
HIGH OMEGA-3 FATTY ACIDS, CALCIUM, IODINE, AND PROTEIN
HIGH NUTRITION LESS CALORIES
REASONABLE PRICE OF VANNAMEI SHRIMP ENABLE CONSUMPTION FOR THE WORKING CLASS AND THE GROWING URBANIZATION OF PEOPLPE
GLOBAL SHRIMP MARKET VALUE
2016 , TOTAL SHRIMP TRAADING VALUE USD 37.11 BILLION
INCLUDING CULTURED SHRIMP AND SEA CATCH SHRIMP
SUPERMARKET, HYPER MARKET, CONVEINIENT STORES, ONLINE SALES…
COSMESTICS, PHARMACEUTICAL, BIOTECHNOLOGY, LIFE SCIENCES
GLOBAL SHRIMP MARKET ANNUAL GROWTH RATE
2006-2011: AVERAGE ANNUAL GROWTH RATE 5,2%. HIGH PRICE OF SHRIMP IN 2012 LEADING MANY COUNTRIES LIKE INDIA, VIETNAM, ECUADOR, MEXICO EXPANDING SUPLY STRONGLY, THEN OVERSUPPLY 2014, AND PRICE FALL DEEPLY 2015
2012-2014: AVERAGE GROWTH RATE 7,7%
2015-2017: AVERAGE GROWTH RATE 4,2%