"Importers are bleeding at the moment, and everyone is going to see big losses," one European buyer told IntraFish. "If this situation continues it could have serious consequences for some."
Prices on April 5 leaped to THB 205 (€5.4/$7) for 60 pieces per kilogram -- a 43.3 percent hike from Dec. 24 when vannamei prices were THB 143 (€3.8/$4.9), Jim Gulkin, managing director at Siam Canadian, said. For 70 pieces vannamei per kilogram prices climbed from THB 136 (€3.6/$4.7) on Dec. 24 to THB 193 (€5.1/$6.6) last Friday, he told IntraFish.
"This is a huge jump in raw material prices," he said. With European importers readying to purchase their raw material for their summer activities, problems arise. "The product is either not available or horrendously expensive -- we have issues with product availability."
Those businesses which do decide to buy Thai vannamei are facing issues of passing on the high prices to their clients, due to fixed-price contracts with companies or annual prices for retailers.
As a result, some could decide to reduce their imports and to curb promotions for the product, he said. Gulkin is echoing the importer's conclusion, saying "that is simply inevitable. That holds truth for Europe as well as the
"With these price levels the product becomes less interesting and they start to look at other products more worthwhile to promote," he told IntraFish. "Overall consumption will drop because world production will be down this year."
Production levels in
Production levels in 2010 were somewhat around 650,000 metric tons of head-on raw material. "It dropped in 2011 and it dropped again in 2012 to around 450,000 to 500,000 metric tons," said Gulkin.
"This year, I think if we hit 400,000 metric tons...then we’ll be doing very well," he told IntraFish. "If things do not turn around it could be closer to 300,000 metric tons."
Researchers recently have made some steps towards identifying the cause of the disease, believing it is a bacteria rather than a virus, coming "from the broodstock to the hatcheries." "By mid to end-April we might have an idea whether the corner has been turned on this, whether there is some kind of resolution in sight," he said. "We may have good news or not."
There might be a boost in production in the second half of the year if researchers actually come up with a solution, he said. Nevertheless, it is not going to balance out the market straight away. "If we don't find a solution soon, availability of shrimp will further decrease," also said the European importer.
Asian, Ecuadorian prices going up
Also other Asian countries, including
"It [the situation in
Dalsgaard Magni, sales director at Danish Albatross Seafood concurs with Gulkin, saying it is affecting the whole market. The company, which imports Chinese shrimp into the Russian market, is preparing to pay a higher price, with the new Chinese season starting in June.
"Chinese prices are rising," he said. "We were expecting that and bought inventory during the high season." Gulkin said he is "reluctant to get too optimistic about the
"This is such a big thing and even if they have figured out the problem I have my doubts they can turn around quickly and get such a big jump in production," he told IntraFish. "No matter what, this year is a loss, it's a write for
"We’re just hoping that in 2014 things are back on track and production is back to normal”
(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.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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