Black tiger shrimp is the greatest advantage of Vietnam in Australia market
The trend of increasing imports of whiteleg shrimp over black tiger in many consumer markets such as the U.S., Japan and EU leads to the change in structure of Vietnam's shrimp products exported to global markets last year. However, Vietnam black tiger shrimp exports to Australia in 2013 remained stable with proportion of over 60 percent.
Vietnam now is the largest producer of black tiger shrimp in the world with the annual output of 300,000 MT. Meanwhile, black tiger shrimp accounts for only 0.4 percent (2,000 MT) and 5 percent (60,000 MT) of the total shrimp production by Thailand and China. (FAO Statistics, 2011).
Keep increasing in frozen shrimp exports to Australia
Frozen raw shrimp imported into Australia accounts for the largest proportion among crustacean (HS code 0306) imports into the market. According to statistics of the World Trade Centre (ITC), raw frozen shrimp (HS code 030617) accounts for the largest share of 82.2 percent and the rest is frozen crab and other products.
In the last 5 years, imports of raw frozen shrimp into the market reported a continuously positive growth of from 7.5 to 37 percent. In 2013, the market imported over US$232.8 million of frozen shrimp, up 14.9 percent year on year.
The U.S. market currently imports frozen raw shrimp from over 50 suppliers while Australia currently only imports from 11 countries around the world. According to the ITC, in 2009 Australia imported frozen shrimp from 24 suppliers throughout the world, however, in 2013 the number of suppliers decreased to 11.
Vietnam shrimp imports into Australia in the last 5 years have maintained high growth. In 2013, Vietnam ranked the second among frozen shrimp suppliers to Australia, after China.
|
Australia’s imports of frozen raw shrimp, 2009 - 2013, (US$ thousand) (Sourcce: ITC) |
||||||
|
Origins |
2009 |
2010 |
2011 |
2012 |
2013 |
|
|
1 |
China |
35,590 |
41,205 |
73,127 |
66,455 |
95,180 |
|
2 |
Vietnam |
23,581 |
22,157 |
29,919 |
40,353 |
44,700 |
|
3 |
Thailand |
29,613 |
36,724 |
37,954 |
54,129 |
40,400 |
|
4 |
Malaysia |
15,746 |
21,028 |
26,636 |
25,293 |
34,092 |
|
5 |
Indonesia |
15,239 |
10,971 |
10,571 |
10,293 |
11,891 |
|
6 |
India |
1,421 |
849 |
2,337 |
4,311 |
4,321 |
|
7 |
Myanmar |
456 |
1 |
0 |
0 |
1.141 |
|
8 |
New Caledonia |
680 |
298 |
656 |
808 |
618 |
|
9 |
Denmark |
0 |
0 |
6 |
0 |
79 |
|
10 |
South Korea |
2 |
16 |
39 |
12 |
16 |
|
11 |
Taiwan (China) |
300 |
63 |
0 |
10 |
5 |
Vietnam - a leading supplier of processed shrimp to Australia
In last 5 years, Vietnam has been the biggest supplier of processed shrimp to Australia despite unstable growth like its frozen raw shrimp exports. However, the number of processed shrimp suppliers to Australia decreased sharply from 19 to 10 ones, creating more momentum for Vietnam exporters to maintain and expand their market share in the market.
|
Australia’s imports of processed shrimp, 2009 - 2013, US$ thousand (Source: ITC) |
||||||
|
Origins |
2009 |
2010 |
2011 |
2012 |
2013 |
|
|
Total world |
107,579 |
134,483 |
139,206 |
84,547 |
77,888 |
|
|
1 |
Vietnam |
39,388 |
60,149 |
54,224 |
25,879 |
29622 |
|
2 |
Thailand |
37,399 |
41,607 |
51,585 |
42,808 |
28,308 |
|
3 |
China |
25,133 |
27,500 |
27,055 |
15,000 |
17,200 |
|
4 |
Malaysia |
3,645 |
2,795 |
3,353 |
714 |
2,002 |
|
5 |
Indonesia |
512 |
670 |
643 |
0 |
404 |
|
6 |
Taiwan |
118 |
80 |
10 |
4 |
310 |
|
7 |
Japan |
152 |
221 |
44 |
6 |
31 |
|
8 |
India |
14 |
44 |
428 |
1 |
8 |
|
9 |
Sri Lanka |
0 |
2 |
11 |
7 |
2 |
|
10 |
South Korea |
14 |
9 |
93 |
1 |
1 |
|
11 |
Myanmar |
777 |
1023 |
985 |
8 |
0 |
|
12 |
Philippines |
197 |
163 |
306 |
4 |
0 |
|
13 |
The U.S. |
0 |
1 |
257 |
0 |
0 |
|
14 |
Singapore |
59 |
129 |
143 |
4 |
0 |
|
15 |
Denmark |
48 |
41 |
50 |
0 |
0 |
|
16 |
Italy |
0 |
1 |
10 |
0 |
0 |
|
17 |
Hong Kong |
86 |
0 |
3 |
32 |
0 |
|
18 |
Netherlands |
0 |
0 |
2 |
0 |
0 |
|
19 |
Spain |
0 |
2 |
2 |
0 |
0 |
|
20 |
Belize |
0 |
47 |
0 |
0 |
0 |
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