Export surimi with many challenges

News 09:00 13/09/2024
(seafood.vasep.com.vn) In July 2024, Vietnam's fish cake and surimi exports declined. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the cumulative export of this product group reached 152 million USD, down 13%.

Export surimi with many challenges

Among more than 35 markets, South Korea, Thailand, China, Japan, and the EU are the five largest importers of Vietnamese fish cakes and surimi, accounting for more than 78% of total export turnover. Compared to the same period in 2023, exports to these markets, except the EU, decreased compared to the same period.

According to businesses, fish cake and surimi exports are still in a difficult period because the IUU yellow card issue creates jobs, certification of exploited seafood for production and export is slow, businesses lack domestic raw materials and face difficulties  with imported raw materials due to regulations related to IUU... All of these factors are holding back the recovery of the Vietnamese fish cake and surimi industry. At the same time, the growing volume of pollock surimi in the weakened global market is a recipe for surimi companies. In the next few years, pollock surimi will likely use tropical fish parts unless there is a recovery in consumption demand. This can only happen if there are new markets.

Bạn đang đọc bài viết Export surimi with many challenges tại chuyên mục News của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Potential and opportunities for Vietnam’s seafood exports to Brazil

 |  09:01 22/04/2025

(seafood.vasep.com.vn) Brazil is a promising market for Vietnamese seafood, with exports reaching nearly $130 million in 2024, primarily driven by pangasius. High consumption demand, domestic supply shortages, and relaxed import standards create significant opportunities. Vietnam can leverage competitive pricing, bilateral trade cooperation, and MERCOSUR negotiations to expand market share.

Vietnamese seafood industry proactively adapts to new EU regulations

 |  08:28 18/04/2025

As the EU strengthens its controls on inorganic arsenic in imported seafood, Vietnamese exporters are being warned not to be complacent and are actively adjusting to maintain market access, with enhanced quality control measures to ensure compliance.

Fishery output up 2.8% in q1/2025, aquaculture remains key growth driver

 |  08:52 16/04/2025

(vasep.com.vn) According to the General Statistics Office, Vietnam's total fishery output in the first quarter of 2025 is estimated at 1,993.4 thousand tons, an increase of 2.8% compared to the same period last year. Of this, fish accounted for 1,480.3 thousand tons (up 2.9%), shrimp reached 202.4 thousand tons (up 4.6%), and other fishery products totaled 310.7 thousand tons (up 1.5%).

Outlook for the pangasius industry and Vinh Hoan Corp's market position

 |  09:03 14/04/2025

Vietnam’s pangasius industry is poised for a promising outlook in 2025, driven by rising export demand. According to a Rabobank report, pangasius is among the fastest-growing seafood species, with global production projected to increase by 7% year-over-year, reaffirming Vietnam's position as the world's largest producer.

Sao Ta Foods (FMC): Proactively mitigating risks, plans to distribute 2024-2025 dividends at 20%

 |  09:11 10/04/2025

Sao Ta Foods (stock code: FMC) has set a target to sell 22,000 metric tons of shrimp this year and has outlined a proactive strategy to address risks related to anti-dumping and countervailing duty investigations in the U.S. market.

Vietnam’s mollusk exports maintain upward momentum in early 2025

 |  09:18 09/04/2025

(seafood.vasep.com.vn) Vietnam’s exports of shelled mollusks recorded impressive growth in the first two months of 2025, reaching USD 41 million—an increase of 132% compared to the same period in 2024 (USD 18 million).

Vietnam's giant shrimp is sought after by rich Chinese, sold for 204 million USD in 2 months of 2025

 |  08:56 04/04/2025

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first two months of 2025, Vietnam's shrimp exports recorded positive signs with strong growth in a number of important markets, of which lobster exports to China increased sharply.

Developing the seafood production chain

 |  08:38 03/04/2025

In recent years, the agricultural and environmental sectors and localities in the province have created favorable conditions to develop and effectively maintain seafood chains, increasing income for people in rural areas.

Vietnam’s pangasius exports in February 2025: Key markets regain momentum

 |  08:52 01/04/2025

(seafood.vasep.com.vn) According to Vietnam Customs, the country’s pangasius exports regained growth momentum in February 2025. Export value reached USD 150 million, marking a 66% increase compared to February 2024. Cumulative pangasius export revenue for the first two months of the year totaled USD 284 million, up 11% year-on-year.

Minh Phu Seafood Corp strengthens cooperation for shrimp industry development

 |  09:09 31/03/2025

Minh Phu Seafood Corp, one of the leading enterprises in shrimp processing and export, is actively promoting cooperation with shrimp farmers to develop the shrimp industry in Ca Mau.

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