(vasep.com.vn) Exports of cephalopod and bivalve mollusk stabilized in the first half of 2012. Export value of squid and octopus reported the most stable growth of 18.4 percent over 2011.
Through June, cephalopod exports witnessed a double-digit growth from 2011, in February 2012, export value of this product got an all-time high of 89 percent over that of February 2011.
In the first 6 months of 2011, cephalopod shipment to South Korea was up 6 percent in volume and over 40 percent in value over 2010. However, for the year to June, exports to the market slumped 4.5 percent in value.
There is a huge cephalopod demand from importing markets, but Vietnam exporters face scarcity of raw material and rocketing input costs while they can’t negotiate to raise export price.
Through June, amid persistent economic crisis in EU, cephalopod exports still stabilized in the market, especially in Spain and France. Till the end of June, cephalopod exports to these markets showed an impressive growth of 75 percent and 100 percent in value, respectively.
Besides, exports to ASEAN, China, Hong Kong, the U.S., Russia, and Australia got a positive result. For three consecutive years, bivalve mollusk exports remained a negative and unstable growth. In January 2012, exports fell by 44 percent because of long holidays.
Some months after Jan, exports surged slightly but in Jun, shipment of this product continued to drop by 21 percent over 2011. Through June, exports sank 4.2 percent over 2011 and exports to main markets such as the U.S., Japan, ASEAN, China-Hong Kong got a double digit reduction.