However, the turnover of those shipments abroad recorded only a slight decline of 0.69 per cent, according to the National Association of Manufacturers of Canned Seafood (Anfaco-Cecopesca) in its corporate published material.
In the first quarter of the year, exports of canned seafood totalled almost EUR 151 million while in the same period in 2012 it exceeded EUR 152 million.
On observing the shipments abroad per product, almost all of them have negative values except canned mackerel, cuttlefish, squid and octopus.
According to the report issued by Anfaco, sales of tuna abroad fell 15.61 per cent -- the species that concentrates most of the Spanish production -- and also those of mussels (58.33 per cent), clams and cockles (33 per cent), scallops (91 per cent) and sardines (2.52 per cent).
Instead, increases in volume and value of exports of canned tuna loins are surprising in the first three months of the year: 1,227 tonnes of tuna loins (39.12 per cent more than in the period between January and March, 2012) were exported for EUR 7 million, representing an increase of 52.54 per cent year-on-year.
Anfaco report also detailed that the fall in Spanish sales of canned, semi-canned and processed seafood to the EU market in the first quarter of the year was 12.15 per cent.
Anyway, the turnover decreased slightly by 0.24 per cent in the European Union and 0.28 per cent in the whole continent, the newspaper La Opinion reported.
With regard to imports of canned tuna, between January and March, 2013 increased by 14 per cent in volume when reaching 19,422 tonnes, and 13.11 per cent in value at EUR 76 million.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
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