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World shrimp market and supply-demand gap
September 28, 2018, 07:51 AM
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%

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Specialist on Shrimp market
Ms Kim Thu
Tel: 84.24.3771.5055 (ext 203)
Portal of Vietnam Association of Seafood Exporters and Producers (VASEP)
Add: 218 Road Nguyen Quy Canh, Zone A, An Phu An Khanh New Urban Area, District 2, HCM city, Vietnam
Tel: (+84 28) 62810430 / Fax: (+84 28) 62810437 / Email: vasephcmcity@vasep.com.vn
In charge of content: Nguyen Hoai Nam (Mr) – Deputy General Secretary of VASEP
Managing Editor: Phung Thi Kim Thu (Ms.) Tel: (+84 24) 37715055 (ext: 203)
Email: kimthu@vasep.com.vn
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