On the supplying side, China, Thailand, Vietnam, Malaysia and Mexico continued struggling under production problems while suppliers in India, Indonesia and Ecuador stepped up production to take advantage of the high prices.
The United States is poised to import more shrimp than ever before this year, thanks to steady macroeconomic recovery and a high US dollar, Rabobank said.
The record is likely to hit for both value and volume of imports, with Rabobank seeing a “stronger recovery than even the most optimistic forecasts” during the first three quarters of the year, Rabobank said.
In value terms, the year-to-date US import value record was largely due to prices, although volume certainly played a part as well, considering import volumes are also on track for a record in 2014. The total value of imports reached $4.8 billion during the first three quarters of the year.
In terms of volume, the US is poised to import roughly 405,000 metric tons this year, slightly surpassing the record set in 2011.
Rabobank attributes better than expected US and EU markets partly to the record high beef prices, which were up due to a 7% supply contraction. This may have softened any impact on demand as shrimp prices remained strong.
In Europe, the volumes are not nearly as strong as they are in the US this year from a historic perspective, as the continent appears on track to hit about 300,000 metric tons of imports this year, which is down compared to its record of over 325,000 metric tons in 2011.
Yet the EU did set a record during the first half of the year in terms of the total value of shrimp imports, according to statistics from Eurostat.
Midway through the year, EU imports were rebounding but from a low level seen in 2013, when high shrimp prices weighed heavily on demand and sellers found it difficult to draw in consumers with promotions.
Both of these markets were better able to stomach the increased shrimp prices than that of Japan, where imports of shrimp declined 20% this year over last year after a 3% decline in 2013 over 2012.
To read the full articles, please visit the website: http://www.undercurrentnews.com/2014/12/17/rabobank-major-shrimp-markets-surprisingly-strong-in-2014/
(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
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