The
Raw material shrimp prices for this week ranged from THB 140 (€3.48/$4.63) to THB 180 (€4.47/$5.95), reaching the levels at the end of 2011 when Thailand had floods that decimated shrimp farming areas.
The rise is quite fast, said a Bangkok-based analyst who declined to be named. Last Monday (Jan. 7), the highest price was THB 160 (€3.97/$5.29), and on Thursday (Jan. 10), it has risen to THB 180 (€4.47/$5.95).
Unusually heavy rain in December in the south of
The winter shrimp crop is traditionally a smaller harvest as well, contributing to the limited supply, the analyst said.
Demand factors are at play as well, as there is a seasonal rise in demand for shrimp around this time to cater for the New Year's celebrations, she said, but it is really supply side factors that are behind the price hike this time.
Prices are expected remain high until the second quarter of 2013, as supply is forecasted to be limited until the bigger crop harvest in April, said Sureeporn Teewasuwet, analyst at Finansia Syrus Securities.
However, Teewasuwet warned of a possible drought predicted to occur in the second quarter of 2013, which she thinks will affect the smaller shrimp farmers more.
Companies which have backward integration and own their shrimp farms such as CP Foods will benefit from the price hike because they can now secure higher prices for their shrimp exports, said another Bangkok-based analyst.
However, companies relying on contract farmers might have difficulty locking in prices because of the limited availability and margins might be affected, she said.
Outlook for 2013
Analysts told IntraFish they expect Thai shrimp exports to remain stable in 2013, mostly because of limited supply in the early part of the year.
When asked if other nations could catch up with
Even though India was a major competitor to Thai shrimp in 2012, its productivity levels are still not as high as Thailand’s and its shrimp hatcheries are not as developed, so it might not have enough scale yet, Teewasuwet said.
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.
(seafood.vasep.com.vn) Can Tho’s fishery industry sustained steady growth in 2025 with total aquatic and marine output reaching nearly 783,000 tons, fulfilling 100% of the annual target. Aquaculture, capture fisheries and fishing fleet management were further strengthened, aiming for sustainable development in the coming years.
(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.
(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...
(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.
(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.
(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.
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