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The Netherlands – Vietnam’s second biggest pangasius importer in the EU
August 13, 2013, 08:47 AM
(vasep.com.vn) Pangasius products are facing a tough competition with other whitemeat fish species in the EU, especially in the Netherlands, resulting in tightened market shares for this fish in these markets.

Some European importers said that the price for raw pangasius has been falling down as the market saw full supply of other whitemeat fishes, which drove prices to a lower level. Additionally, negative allegation and bad rumors about pangasius has been running through the market, affecting consumers’ confidence on Vietnamese pangasius.

The Netherlands is Vietnam’s second biggest pangasius importer in the EU, after Spain. According to statistics from Vietnam Customs, exports to this country valued at US$31.3 million in the first half of 2013, 18.8 percent down from those in the same time of 2012. This was the deepest fall among the EU’s four leading markets of pangasius.

With a volume of 62,556 MT, frozen fish (HS code 0303) made up the major part in Dutch imports of seafood products, according to statistics by International Trade Center (ITC). It was followed by frozen fish fillets (HS code 0304) with 39,645 MT. The rest was fresh fish, mollusk and dried products.

In 2012, among frozen fish fillets (HS code 0304), frozen pangasius fillets were the most imported products into the Netherlands with a volume of 20,910 MT. Frozen Alaska pollock fillets ranked second with 13,906 MT followed by frozen cod fillets with 11,666 MT.

In the first quarter of 2013 cod, passed pangasius to be the leading fish in the Netherlands because the country strengthened imports of cod reducing pangasius volume. During this period, Dutch buyers sourced 9,509 MT of frozen cod fillets, compared to 6,418 MT registered in the same period of last year. Purchase of frozen pangasius fillets and frozen Alaska pollock fillets were 4,931 MT and 3,302 MT, compared to 5,213 MT and 4,124 MT reported  in Q.I/2012.

Dutch imports of cod’s products, rose mainly because there were a larger cod production which caused a decreasing price. This trend partly impacted the selling prices of other whitemeat fish species and pangasius in particular. Furthermore, high supply and lower prices would make cod products the first choice of importers, especially when cod was a traditional and favourist fish for Dutch consumers.

In Q.I/2013, the Netherlands imported 39,645 MT of frozen fish fillets (HS code 0304), compared to 38,031 MT in Q.I/2012; 6,874 MT of which came from Iceland, up from 4,977 MT registered a year ago. Vietnam was the second supplier of the Netherlands with 5,086 MT, decreasing from 5,385 MT in Q.I/2012.

In 2012, there were 124,126 MT of frozen fish fillets imported into Dutch market, 16 percent less than those of the previous year. Imports from main suppliers - including Vietnam, China and Norway - plummeted. Vietnam was the biggest supplier with a volume of 21,355 MT of fish, down 20.4 percent; China ranked second with 16,547 MT, down 20.5 percent; and then Norway with 11,730 MT, down nearly 25 percent.

European countries are predicted not to go out of economic crisis in the current year; therefore Dutch buyers are finding new sources of alternative fish with high quality and reasonable price to serve their consumption demand, compensating short supply of some white meat fish species forecasted to last until the end of 2013. In this situation, pangasius may be the first choice of local consumers among imported fish products.

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Specialist on Pangasius market
Ms Ta Ha
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