Down in cephalopod exports to Italy due to higher price

News 08:24 12/12/2018
(seafood.vasep.com.vn) In the first five months of 2018, Italy's cephalopod imports decreased. The reason was that the fall in production led to a shortage of the supply, which has pushed the prices of cephalopod higher and reduced the demand for imports into this country.

According to statistics from the International Trade Center (ITC), in the first five months of 2018, Italy imported 5.6 thousand MT of this item, worth by nearly US$39 million, down 28% in volume and 14% in value compared for the same period of 2017.

This year, imports of cephalopod products into Italy have decreased over the same period in volume, but the import value of some items still increase due to higher prices. Italy currently increased imports of frozen/smoked/salted squid and fresh/live/chilled octopus, accounting for 33% and 27%, respectively.

IMPORTS OF CEPHALOPOD INTO ITALY

Products

Value (Thousand US$)

Volume (MT)

Jan-May 2017

Jan-May 2018

Variation (%)

Jan-May 2017

Jan-May 2018

Variation (%)

Frozen/smoked/salted squid

20,096

12,809

-36.3

3,678

2,309

-37.2

Fresh/live/chilled octopus

10,924

10,334

-5.4

1,580

1,128

-28.6

Processed octopus

3,918

4,732

20.8

435

420

-3.4

Frozen/dried/salted octopus

5,903

6,976

18.2

1,008

859

-14.8

Processed squid

4,330

4,012

-7.3

1,096

889

-18.9

Total

45,171

38,863

-14.0

7,797

5,605

-28.1

(Source: ITC)

This year, the production of cephalopod in the world has reduced which affected supplies to Italy and pushed the average import price of cephalopod higher into Italy in the first 5 months of 2018 from 13 to 29 % over the same period of 2017.

Italy currently imported cephalopod from 23 countries around the world. In particular, most of the supplies of cephalopod to Italy were from the intra-EU countries, led by Spain. Indonesia, Peru and Vietnam were the three largest extra-EU suppliers of cephalopod to the Italian market. In general, due to the scarce supply of raw materials, Italy's cephalopod imports from the main suppliers decreased.

According to statistics of Vietnam Customs, in the first eight months of this year, Vietnam’s cephalopod exports to Italy reached nearly US$27 million, down 36% over the same period last year. Italy was currently the largest market of cephalopod of Vietnam in the EU, accounting for 6.4% of the total export value of Vietnamese cephalopod.

Bạn đang đọc bài viết Down in cephalopod exports to Italy due to higher price tại chuyên mục News của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Agricultural and aquatic products from Ca Mau attract major partners

 |  08:46 05/12/2024

(seafood.vasep.com.vn) On November 18, Ms. Truong Ha Phuong Anh, Director of the Center for Investment Promotion and Business Support (iPEC), stated that during the Ca Mau Province Agricultural and Aquatic Products Trade Promotion Conference 2024, held on November 15, there were 209 direct trade interactions between 42 seafood processing and exporting enterprises, OCOP producers in the province, and five leading domestic retail companies: Central Retail, Saigon Co.op, Kingfood Mart, Bach Hoa Xanh, and Satra Supermarket.

Binh Dinh: sustainable whiteleg shrimp farming with Semi-Biofloc technology

 |  08:57 04/12/2024

In 2024, the Binh Dinh Agricultural Extension Center successfully implemented a semi-intensive and intensive two-stage whiteleg shrimp farming model using Semi-Biofloc technology.

Trà Vinh province expanding intensive shrimp farming areas

 |  08:59 02/12/2024

(seafood.vasep.com.vn) Recently, the area dedicated to super-intensive, high-density whiteleg shrimp farming in Trà Vinh Province has been rapidly expanding due to its high productivity and economic efficiency.

Vietnam seafood enterprises join forces to lift the "yellow card"

 |  08:46 29/11/2024

(seafood.vasep.com.vn) In collaboration with provincial authorities, specialized agencies, and local coastal governments, seafood processing and export enterprises in Binh Dinh Province are actively working to address issues related to illegal, unreported, and unregulated (IUU) fishing. The shared goal is to have the European Union's "yellow card" removed this year.

Ca Mau has the largest area for ecological shrimp farming in Vietnam

 |  08:51 28/11/2024

(seafood.vasep.com.vn) Ca Mau Province has affirmed its position as the "shrimp kingdom" of Vietnam, with the largest area for ecological shrimp farming in the country.

Vietnam’s pangasius exports expected to surpass $2 billion in 2024

 |  09:00 27/11/2024

(seafood.vasep.com.vn) According to data from Vietnam Customs, the export value of pangasius in October 2024 reached nearly $202 million, representing a 17% increase year-on-year. Cumulatively, pangasius exports to various markets in the first ten months of 2024 totaled $1.7 billion, marking a 9% growth compared to the same period last year.

Opportunities and challenges for tuna exports after the 2024 US Presidential election result

 |  08:53 26/11/2024

(seafood.vasep.com.vn) On the afternoon of November 6th, Vietnam time, U.S. media announced the preliminary vote count showing that Donald Trump won the 2024 U.S. presidential election. His victory is expected to bring significant changes in taxes, trade, investment, and more. As a result, Vietnam's tuna exports will also be affected.

Vietnam shrimp exports to the US following election

 |  08:42 22/11/2024

(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.

Steady growth in pangasius exports to Canada for the first three quarters

 |  08:40 20/11/2024

(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.

Cà Mau Province accelerates digital transformation and develops green industry

 |  08:35 18/11/2024

(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.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC