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) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
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