Fisheries and Aquaculture supplies by continent
Aquaculture is expected to play an central role in feeding the world!
90 % of farmed seafood produced in Asia!
The growing population needs food Of the growth, 54 % will occur in Africa and 36 % in Asia to 2050
AND, China and the rest of Asia are assumed to be the fastest growing seafood markets!
Production of main finfish species, from GOAL, GAA, 2017, 2004-2018, + 5 % 2017-18
The growth in Aquaculture Production of Fish Species has stabilized from the mid 2000 (Goal 2017)
Percentage growth by species, 2007-2017 (Goal 2017)
Percentage growth by group, 2007-2017 (Goal 2017)
Consumers …?
Buy at supermarkets (74 %)
Look for
- Fresh seafood
- Convenience/Easy to prepare/Ready to eat products
Supermarkets need stable supplies => farming and expect seafood to grow
AND – Seafood Online trade is coming – China leading on
What do consumers look for? (Europe, EU)
High risk for diseases/biosecurity issues (G. Nikolik, Rabobank)
Farming in an open environment
Small holders
Rapid growth in production combined with increasing farming density
> 90 % is tropical(high biodiversity) climate
Mostly developing country industry (grey sector/lack of legislation)
Aquatic animals are recently domesticated – we do not know what we lost while breeding for growth
Investors look more to Aquaculture – due to technology and growth (Rabobank)
Venture capital – attracted by new technology
Private equity – moving from seafood processing to aquaculture value chain technology. Increasingly understand disease risk and cyclicality of aquaculture better
Family & sovereign wealth funds – attracted by long term growth drivers of aquaculture, modernization and technology changes
Listed equity investors – primarily attracted by stellar share performance of listed salmon companies, but increasingly interested in the rest of the industry
«The wickedness of Aquaculture» (Osmundsen et al. 2017)
- Great extent of uncertainty!! – It’s a young sector!!
- Lack of firm knowledge e.g. with respect to
+ Diseases
+ Environmental impacts
+ Conflicts with other user interests
+ New – disruptive technological and other – solutions
- Responses
+ Building competence
+ Collaboration
+ Being adaptable
The presentation of Dr. Paul Steinar Valle (Kontani, Norway) in the framework of Vietfish 2018
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (ticker symbol FMC - HoSE), one of Vietnam's largest shrimp exporters, recently announced its 2024 business results.
(seafood.vasep.com.vn) The United States remains one of the largest importers and consumers of Vietnamese pangasius, primarily in the form of frozen fillets. However, in recent years, the country has significantly increased its imports of value-added pangasius products.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
(seafood.vasep.com.vn) With a market share exceeding 10% in Vietnam's aquafeed sector, Sao Mai Super Feed has affirmed its position as one of the leading brands, making a significant contribution to the development of the pangasius industry and elevating Vietnamese pangasius products on the international stage.
Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Hoai Nam said that in the past 5-6 years, Vietnam's seafood export value has only hovered around 8-10 billion USD/year. To reach the value of 16 billion USD by 2030, Mr. Nam proposed establishing corporations/enterprises to exploit the sea.
(seafood.vasep.com.vn) Vinh Hoan Seafood (stock code VHC) announced that its export turnover to three key markets— the U.S., EU, and China—grew between 32% and 40% in November 2024 compared to the same period in 2023.
(seafood.vasep.com.vn) Shrimp exports for the first 11 months of 2024 brought in nearly 3.6 billion USD, up 22% compared to the same period last year. Exports to major consumption markets all recorded double-digit growth.
(seafood.vasep.com.vn) In 2023, total pangasius imports into the European Union saw a significant decline compared to the previous year. Approximately 70,000 tons were imported, 3,000 tons less than in 2022, according to a report from FAO-Globefish.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn