“A shortage of local supply due to overfishing and hot weather this summer are increasingly leading
A month of drought in the central province of Hunan has cut water supplies, according to provincial authorities that estimate the loss to the local aquatic industry up to 29 July of between CNY 580 million (USD 95 million, EUR 72 million) and CNY 790 million (USD 129 million, EUR 97 million).
“There are 1.3 million ponds in Hunan suffering the drought now… 7,000 tons of fishes have died due to a lack of oxygen, the direct loss of aquatic business has been significant,” according to a Hunan Fisheries Bureau spokesman quoted in the Hunan Ri Bao daily newspaper this week.
A key base for freshwater aquaculture thanks to its numerous lakes,
The average price of bass (also known as perch) meanwhile has jumped 30 percent in
The surge in prices is due to higher transport and refrigeration costs, explained vendors in the seafood market. Prices are likely to continue to rise, explains one vendor. The next batch of bass won’t be on the market until October so the high price of bass is not likely to drop in the meantime.”
Prices of wild-caught fish meanwhile are also set to rise, due to shortages. Reports from regional media suggest a particularly acute shortage this year. While the moratorium on fishing season in the East China (Donghai) Sea off the coast of
Data on average food prices collected by the ministry of commerce shows the cost of carp — China’s most consumed seafood species — rose an average 1 percent week-over-week in the first week of August. The latest drought-induced prices rises follow a surge earlier this year when Chinese consumers switched from poultry to fish. Prices for finfish in general rose 10 percent in the first two quarters of 2013 due to bird flu according to Qilu Securities in a note to investors in
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
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