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 marks the 30th anniversary of the normalization of diplomatic relations between Vietnam and the United States (1995–2025). In parallel with the nation's progress in international economic integration, bilateral seafood trade has followed a remarkably impressive growth trajectory, expanding from an initial scale of just tens of millions of US dollars to nearly $2 billion annually. This growth has positioned the United States as Vietnam’s largest seafood export market for many consecutive years.
(seafood.vasep.com.vn) On December 12, 2025, the Vietnam Association of Seafood Processing and Export (VASEP) issued document 231/CV-VASEP regarding strengthening measures to combat IUU fishing and working with the Government to lift the EC's IUU yellow card warning.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
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