The United States total foodsize sales of 321 million dollars increased by 1 percent from the previous year. Sales of stockers totaled 10.3 million dollars in 2013, compared to 10.8 million dollars in 2012. Fingerling and fry sales totaled 10.6 million dollars, down 3 percent from 2012.
By point of first sale, direct sales to processors accounted for 95.1 percent of total foodsize fish sales, down 1 percent from the previous year. Direct sales to other producers accounted for 85 percent of stocker sales compared with 93 percent in 2012.
Water Surface Acres Down 9 Percent
The water surface acres being used for catfish production as of January 1, 2014, totaled 75.6 thousand acres, down 9 percent from the 83.3 thousand acres used a year earlier. Of the total acres, 2.94 thousand are to be renovated during the period of January 1 to June 30, 2014. An additional 395 acres are under construction or expected to be constructed and in use by July 1, 2014. During the period of July 1 through December 31, 2013, the area taken out of production totaled 6.36 thousand acres. As of January 1, 2014, foodsize fish were produced on 58.9 thousand acres, fingerling-producing acres totaled 11.0 thousand, and 1.81 thousand acres were being used for broodfish production.
Inventory Numbers
Catfish producers had 560 thousand broodfish on hand January 1, 2014, up 4 percent from January 1, 2013. Large foodsize fish on hand totaled 4.2 million on January 1, 2014, a 19 percent decrease from a year ago. The number of medium foodsize fish decreased 14 percent to 50.0 million, while small foodsize fish numbers decreased 5 percent to 98.8 million. Large stockers on hand January 1, 2014, at 110 million fish, were down 13 percent from the previous year. Small stocker numbers decreased 16 percent to 178 million. There were 313 million fingerlings on hand January 1, 2014, down 21 percent from January 1, 2013.
(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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