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The Netherlands: Demand for black tiger shrimp remains stable
March 04, 2019, 09:49 AM
(seafood.vasep.com.vn) The Netherlands was Vietnam's second largest shrimp importer in the EU, accounting for 5.6% of Vietnam's total shrimp export value in the first 11 months of 2018. In the shrimp export structure, black tiger shrimp accounted for about 15% of total exported shrimp products to the Netherlands. Currently, the demand for importing black tiger shrimp to the Netherlands from Vietnam was still quite stable.

The Netherlands was the 8th largest importer of shrimp in the world, accounting for nearly 3% of the total value of shrimp imports of the world. Every year, the Netherlands imports an average value of US$600 million from large shrimp suppliers in the world such as Vietnam, India, Bangladesh, Ecuador and some intra-regional countries such as Belgium, Germany, England and Denmark. Netherlands imports shrimp not only for domestic consumption but also for export processing to EU countries. In recent years, shrimp imports into the Netherlands have increased.

In the first nine months of 2018, shrimp imports into the Netherlands reached US$562.2 million, up 18.8% over the same period in 2017. Top four largest shrimp suppliers to the Netherlands include Vietnam, Morocco, India and Bangladesh. Vietnam is the largest shrimp supplier to the Netherlands, accounting for 24.6% of the total value of the Netherlands shrimp imports. Morocco ranks the second, accounting for 19.4%. Subsequently, India and Bangladesh accounted for 14% and 8% respectively. From the 4th position in 2015, Vietnam rose to the second position in exporting shrimp to the Netherlands in 2016. From 2017 up to now, Vietnam has become the largest shrimp source for this market.

 Frozen shrimp (HS code 030617) and processed shrimp without airtight bag (HS code 160521) are two main shrimp products imported into the Netherlands, in which frozen raw shrimp volume is 2.4 times higher than that of processed shrimp.

According to Vietnam Customs data, in the first 11 months of 2018, Vietnam shrimp exports to the Netherlands reached US$181.9 million, down 8.9% compared to the same period in 2017.

In the first 11 months of 2018, in the structure of Vietnamese shrimp products exported to the Netherlands, whiteleg shrimp accounted for the highest rate of 80.2%, followed by tiger shrimp which accounted for 14.8% and the rest was other shrimp.

The Netherlands is the fourth largest importer of tiger shrimp in Europe after England, Germany and Belgium. The largest supplier of black tiger shrimp to the Netherlands is Bangladesh, Vietnam is second, followed by India. As production of black tiger shrimp in Bangladesh decreased and India reduced shrimp exports to the Netherlands due to quality problems, this could be considered an opportunity for Vietnamese black tiger shrimp.

The Netherlands was the 6th largest importer of black tiger shrimp in Vietnam. In the export structure of shrimp to the Netherlands, tiger shrimp accounted for only about 15%. However, the export value of Vietnamese black tiger shrimp to the Netherlands was quite stable. In the past 10 years (2008-2017), the export of Vietnamese black tiger shrimp to the Netherlands has increased from 2.1 million USD to 31 million USD.

Although the Netherlands mainly imports whiteleg shrimp from Vietnam, but the demand for importing large size tiger shrimp from the Netherlands for export processing to Southern European countries and domestic consumption of high-income consumers in restaurants has seen positive signs.

With delicious flavors and attractive colors, tiger shrimps will always be a popular item in the Netherlands if the supplier offers a good price and ensures sustainable standards.

With the advantage of import tax and stable demand for black tiger shrimp in the Netherlands, Vietnamese shrimp exporters still have plenty of potentials to export black tiger shrimp to this market.

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