Net pounds of processed fish sold during March 2012 totaled 14.8 million pounds, down 18 percent from the comparable month in 2011. Sales of fresh fish, at 5.26 million pounds, were down 13 percent from March 2011 and represented 36 percent of total sales. Frozen fish sales, at 9.49 million pounds, were down 21 percent from a year ago and accounted for the remaining 64 percent of total fish sales.
Sales of whole fish represented 20 percent of the total fish sold, fillets accounted for 57 percent, and the remaining 23 percent were mostly steaks, nuggets, and value added products. The total end of the month inventory decreased 4 percent from last month but was up 77 percent from a year ago.
The total fresh and frozen average price for March 2012 was $3.45, up 24 cents from a year ago. The March 2012 average price received by processors for total fresh fish was $3.41 per pound, up 29 cents from last year. Prices for fresh whole fish were $2.42 per pound, up 25 cents from March 2011. Prices for fresh fillets were up 50 cents from a year ago at $4.68 per pound.
Total frozen fish averaged $3.47 per pound, up 21 cents from March 2011. Prices for frozen whole dressed fish were up 38 cents at $3.06 and frozen fillets at $4.22 per pound were up 47 cents from a year ago.
Imports for consumption of Ictalurus spp., Pangasius spp., and other catfish of the order Siluriformes for February 2012 totaled 15.1 million pounds, up 9 percent from the amount imported in February 2011. Imports were from Canada, China, the Netherlands, Mexico, and Vietnam. The Ictalurus spp. imports totaled 1.32 million pounds, which were from China.
Fresh catfish fillet exports totaled 120 thousand pounds, with 37.1 thousand pounds going to Canada and the rest going to the Bahamas, Mexico, and Vietnam. Exports of frozen catfish fillets reported for February 2012 totaled 11.1 thousand pounds, going to the Bahamas, Canada, and the Islands of Turks and Caicos.
|
Farm-Raised Catfish Processed and Prices Paid to Producers by Month - United States: 2011-2012 |
|||||||||
|
Month |
Monthly |
Cumulative |
Price (USD/pound) |
||||||
|
Volume (1,000 pounds) |
2012 as percent of 2011 (%) |
Volume (1,000 pounds) |
2012 as percent of 2011 (%) |
2011 |
2012 |
Change from 2011 |
|||
|
2011 |
2012 |
2011 |
2012 |
||||||
|
1 |
35,076 |
25,843 |
74 |
35,076 |
25,843 |
74 |
0.931 |
1.248 |
0.317 |
|
2 |
27,782 |
26,950 |
97 |
62,858 |
52,793 |
84 |
1.003 |
1.229 |
0.226 |
|
3 |
30,372 |
27,709 |
91 |
93,230 |
80,502 |
86 |
1.075 |
1.201 |
0.126 |
|
4 |
23,605 |
|
|
116,835 |
|
|
1.141 |
|
|
|
5 |
24,749 |
|
|
141,584 |
|
|
1.169 |
|
|
|
6 |
24,337 |
|
|
165,921 |
|
|
1.231 |
|
|
|
7 |
26,595 |
|
|
192,516 |
|
|
1.252 |
|
|
|
8 |
30,680 |
|
|
223,196 |
|
|
1.277 |
|
|
|
9 |
30,271 |
|
|
253,467 |
|
|
1.275 |
|
|
|
10 |
32,264 |
|
|
285,731 |
|
|
1.262 |
|
|
|
11 |
25,814 |
|
|
311,545 |
|
|
1.257 |
|
|
|
12 |
22,598 |
|
|
334,143 |
|
|
1.251 |
|
|
|
Processed Farmed-Raised Catfish Sales Volume and Average Price by Month – Unites States: 2011 - 2012 |
||||||
|
Item |
Sales volume (thousand pounds) |
Average price (USD/pound) |
||||
|
March 2011 |
February 2012 |
March 2012 |
March 2011 |
February 2012 |
March 2012 |
|
|
Fresh fish |
|
|
|
|
|
|
|
Whole |
2,614 |
2,323 |
2,356 |
2.17 |
2.44 |
2.42 |
|
Round and gutted |
1,353 |
1,136 |
1,166 |
1.64 |
1.80 |
1.78 |
|
Whole dressed |
1,261 |
1,187 |
1,190 |
2.63 |
2.94 |
2.93 |
|
Other |
556 |
515 |
529 |
2.07 |
2.11 |
2.10 |
|
Steaks |
58 |
45 |
46 |
2.92 |
3.54 |
3.52 |
|
Nuggets |
460 |
446 |
459 |
1.78 |
1.82 |
1.82 |
|
Other |
38 |
24 |
24 |
4.28 |
4.77 |
4.78 |
|
Fillets |
2,880 |
2,349 |
2,378 |
4.18 |
4.68 |
4.68 |
|
Total fresh |
6,050 |
5,187 |
5,263 |
3.12 |
3.42 |
3.41 |
|
Frozen fish |
|
|
|
|
|
|
|
Whole dressed |
816 |
634 |
621 |
2.68 |
2.94 |
3.06 |
|
Other |
3,717 |
2,644 |
2,810 |
2.42 |
2.09 |
1.96 |
|
Steaks |
71 |
56 |
39 |
2.90 |
3.15 |
3.23 |
|
Nuggets |
2,203 |
1,943 |
2,225 |
1.48 |
1.39 |
1.48 |
|
Other |
1,443 |
645 |
546 |
3.82 |
4.09 |
3.83 |
|
Fillets |
7,401 |
5,982 |
6,056 |
3.75 |
4.25 |
4.22 |
|
Total frozen |
11,934 |
9,260 |
9,487 |
3.26 |
3.54 |
3.47 |
|
Fresh and frozen fish |
|
|
|
|
|
|
|
Whole |
3,430 |
2,957 |
2,977 |
2.29 |
2.54 |
2.55 |
|
Round and gutted |
1,353 |
1,136 |
1,166 |
1.64 |
1.80 |
1.78 |
|
Whole dressed |
2,077 |
1,821 |
1,811 |
2.65 |
2.94 |
2.97 |
|
Other |
4,273 |
3,159 |
3,339 |
2.37 |
2.09 |
1.98 |
|
Steaks |
129 |
101 |
85 |
2.91 |
3.32 |
3.39 |
|
Nuggets |
2,663 |
2,389 |
2,684 |
1.53 |
1.47 |
1.54 |
|
Other |
1,481 |
669 |
570 |
3.83 |
4.11 |
3.87 |
|
Fillets |
10,281 |
8,331 |
8,434 |
3.87 |
4.37 |
4.35 |
|
Total fresh and frozen fish |
17,984 |
14,447 |
14,750 |
3.21 |
3.50 |
3.45 |
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
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