Cephalopod exports to EU hard to grow this year

News 17:52 12/09/2014 502
(vasep.com.vn) Up to September 2013, Vietnam’s cephalopod exports to EU reported a sharp dip of 31.9 percent year-on-year. Cephalopod exports to 3 main consumer markets in EU block (Italy, Germany and Belgium) marked the reduction of 20.8 percent, 7 percent and 46.8 percent, respectively.

Due to contracting fish demand caused by EU’s economic crisis and strong competitiveness from European rivals (Spain, Italy, the Netherlands, Portugal) in terms of tariff, geographical position, freight; Vietnam’s cephalopod shipment to EU including Germany will go down and find hard to grow in the last quarter and the full year.

Germany was the fourth largest importer of mollusk, making up 6.4 percent among the world’s total imports of the item. Germany’s imports of cuttlefish and squid, shelled or not, frozen, dried, salted or in brine (HS code 030749) reported annual growth of 4 percent in volume and 11 percent in value.

According to statistics of Eurostat, in the first 6 months of this year, cuttlefish and squid, shelled or not, frozen, dried, salted or in brine (HS code 030749) were the main items imported into Germany, making up 36 percent of the country’s total mollusk imports. Vietnam held the sixth place as a cephalopod supplier to the country.

Imports of squid (HS code 030749) into Germany (US$thousand)

 

Jan

Feb

Mar

Apr

May

Jun

Total

The world

3,965

3,464

3,230

3,845

2,690

3,940

21,134

The Netherlands

213

709

412

248

486

732

2,800

Spain

666

337

582

724

512

709

3,530

Italy

535

1204

634

615

672

568

4,228

Thailand

599

8

587

837

284

543

2,858

Greece

775

206

277

516

83

367

2,224

Vietnam

269

351

166

242

88

286

1,402

China

329

408

119

354

189

256

1,655

Denmark

142

65

72

97

71

163

610

Belgium

98

42

182

60

96

123

601

India

242

65

75

59

110

116

667

(Source: Eurostat)

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