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(seafood.vasep.com.vn) The Mekong Delta is entering the brackish water shrimp farming season in 2021, with an estimated increase in the farming area and harvest compared to 2020. However, since the beginning of the year until now, the COVID-19 epidemic has continued to break out, causing the shrimp exports of enterprises in the Mekong Delta face many difficulties, especially in the field of logistics, affecting and reducing the profits of shrimp companies in particular and seafood enterprises in general.

(seafood.vasep.com.vn) In the first three months of this year, Vientnam pangasius exports to the Russian market grew at a triple-digit rate compared to the same period last year. Exports to many major export markets have also begun to recover, notably in March 2021, the value of pangasius exports to China - Hong Kong market increased by 28% over the same period last year.

Willem Van Der Pijl is a shrimp industry analyst, having a thorough understanding of the structure and dynamics of most shrimp markets and most shrimp producing countries. His expertise covers the input, the farming, the processing, the export/import and the market distribution segments of the industry. He can access to best data sources that help to strengthen fact based reporting, thanks to a global network, covering all segments of the industry. In particular, VASEP is also a partner to exchange and share information on the shrimp industry with Willem Van Der Pijl.

(seafood.vasep.com.vn) Vietnam's shrimp exports in the first quarter of 2021 reached US$ 661 million, an increase of over 5%. This slight growth was mainly due to an increase in exports of 16.5% in March. Shrimp exports to the US, EU, Australia, UK, and Russia surged in March (up 49%, 27%, 37%, 31% respectively and 97%), making the picture of shrimp export in the first quarter brighter after the cumulative results in the first 2 months decreased compared to the same period last year.

(seafood.vasep.com.vn) As of March 15, 2021, the total value of shrimp exports to the South Korean market reached 53.6 million USD, accounting for 10.8% of the total shrimp export value, down by nearly 5% over the same period last year. By 2020, whiteleg shrimp products account for nearly 85% of the total shrimp export value to the South Korean market.

The Mekong Delta province of Bac Lieu plans to expand super - intensive shrimp farming as it is sustainable and offers high production value.

(seafood.vasep.com.vn) In the first 3 months of 2021, the area of aquaculture in Ca Mau province, especially shrimp farming, continued to develop stably.

(vasep.com.vn) In the first two months of 2021, the total value of Vietnam's shrimp exports reached US $376 million, down by 1.9% year-on-year. In which, CPTPP market sector is still leading, accounting for 34.26% of total shrimp export. Lack of containers and high sea freight to European and US markets and congestion at Chinese import ports due to strict corona virus control regulations have affected Vietnam's shrimp exports in the first 2 months of the year. However, since March, the situation has been more positive, so it is forecasted that shrimp exports in the second quarter of 2021 will flourish again.

The Mekong Delta province of Bac Lieu is building a high-tech shrimp farming area with the aim of becoming a centre of the country’s shrimp industry.

(seafood.vasep.com.vn) According to the plan, in 2021, Soc Trang province strives to stock brackish water shrimp in 51,000 hectares, with total production expected to reach 172,000 tons.

(seafood.vasep.com.vn) Effectively promoting some existing shrimp farming models in the locality, Ca Mau province is focusing on developing super-intensive and intensive shrimp farming, developing shrimp-rice rotation and shrimp-forest farming according to internationally certified nurturing expansion guide.

(seafood.vasep.com.vn) After a year dominated by Covid pandemic, the structure of Vietnam's export shrimp market has changed significantly. In the first two months of this year, there were 67 markets importing shrimp from Vietnam, while in the same period last year there were 63 markets. In particular, there are many markets that had a breakthrough growths in imports from Vietnam such as Australia increasing by 115%, Belgium growing 139%, Russia rising by 109%, Chile with a 352% increase, Cambodia increasing by 30 times ...

The southernmost province of Ca Mau is applying itself to developing intensive and super-intensive shrimp farming along with alternative shrimp - rice culture and integrated shrimp - forest cultivation models under international standards.

Vietnam is expected to become one of the world’s top shrimp producers thanks to its positive response to the COVID-19 pandemic and its modern shrimp farming models, according to industry insiders.

(vasep.com.vn) Shrimp exporting enterprises in 2021 are getting a push from the FTAs and the remove of the US anti-dumping tax on Vietnamese biggest shrimp exporter. Although the seafood trade has not escaped the impact of the pandemic, the shrimp industry is forecasted to continue to grow thanks to the FTA push, especially with the experience of adapting to market changes from 2020.


  • SPECIALIST ON SHRIMP MARKET

Ms Kim Thu

Email: kimthu@vasep.com.vn

Tel: 84.24.3771.5055 (ext 203)

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