The production blow to
The dearth in supply is pushing Chinese buyers to call
Buyers that had never bought from Omarsa before are now hunting the company down to get product.
“We get 8-10 requests for shrimp every day from new buyers [in
Not only is it easy to make sales, the price is extremely attractive. “Prices are going up all over the board,” he said. “It’s crazy. They just want all shrimp.”
Prices are up across the globe. For HSLO vannamei from
Omarsa’s businesses focuses on shrimp exclusively, but for those that do both shrimp and tilapia, the shrimp is beginning to look much more attractive.
Swapping tilapia for shrimp
Ecuadorean supplier Santa Priscila is converting 40% of its tilapia farms to shrimp farms this year due to increasing demand from both
Santa Priscila’s tilapia farms are part of polyculture sites, which are also used for shrimp, and the company has plans to begin converting 40% of those shared sites exclusively to shrimp, Santa Priscila’s Roberto Coronel Kronfle told Undercurrent.
The company produces mangos, shrimp and tilapia. Tilapia brings in 12% of the sales that shrimp does, but it will be less once the conversion happens.
Francisco Murillo, chief business development officer for Regal Springs, said this switch is happening in
Murillo said he knew of one producer that switched from farming entirely tilapia to entirely shrimp, and he predicts the shift will create a noticeable shortfall of tilapia in the
There already is a shortfall when compared to last year. Tilapia exports from
Even more noticeable is the overall shortage of tilapia imports to the
In contrast, overall imports in 2012 were up 18%, to 227,442t, including a 225t increase from
Regal Springs is planning to more than make up for the shortfall in tilapia from
Building on over three decades of trusted leadership, VASEP is proactively shaping a Dynamic Knowledge Ecosystem where data is transformed into actionable value and forward-looking insights for the business community
(seafood.vasep.com.vn) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.
(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
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