Tilapia. Global tilapia supply is on the increase in 2012 with demand mainly coming from domestic and regional consumers in Asia, Africa and South America. During 2012, China is likely to export more to Africa and focus less on the US market.
Despite harsh weather conditions, Chinese export volumes of tilapia grew 2.3 percent with an increased value of 10 percent in 2011. Frozen fillet exports decreased 15 percent in volume, but this was somewhat compensated for by higher shipments of the cheaper whole frozen tilapia to African markets such as Cameroon, Ivory Coast, Angola, Democratic Republic of Congo, Ghana, Namibia, Nigeria and Benin. Average export prices strengthened to USD 1.88 per kg in 2011, up 13 percent.
United States imports of tilapia in 2011 declined for the first time in a decade, decreasing 10 percent to 192 900 tonnes, while the import value declined a marginal 0.5 percent, to USD 838 million, as tilapia suffers in the competition with the cheaper pangasius.
EU imports in 2011 saw a 1 percent increase, reaching 20 700 tonnes. China, EU’s main supplier, saw shipments decline slightly, but imports were higher from other Asian sources such as Viet Nam, Taiwan PC and Indonesia, which increased by 160 percent, 13 percent and 9 percent, respectively.
Large private sector investments into the sector are boosting production in a number of countries in the region, including Brazil, Guatemala, Honduras and Mexico. Production is targeting both domestic consumption as well as export markets.
Nile perch in trouble
Nile perch. Nile perch exports to the EU from Kenya, Tanzania and Uganda, declined further in 2011 as catches kept falling. Sustainability continues to be an issue and enforcement remains a challenge.
Bass and bream supply tight
Bass and bream. Total supply of bass and bream was down almost 4 percent in 2011 and production is likely to fall again in 2012. Lower volume has caused prices to firm, but may scare off consumers in the long run. Prices remained relatively high during the first four months of 2012, especially for bass, and are expected to firm further over the next few months before the new supply reaches market size during summer. Bass and bream continue to perform well in newer markets such as the United Kingdom, Germany, United States and the Russian Federation. Increased domestic consumption in Turkey, the second largest producer, has had a positive impact on the market.
According to Vietnam Customs, the export of value-added pangasius in the first eight months of 2024 has been evaluated as quite positive, with continuous growth in many major markets such as the United States, CPTPP, and the Netherlands...
(seafood.vasep.com.vn) The Department of Fisheries of Ca Mau province coordinated with the School of Fisheries under Can Tho University to organize training courses on high-tech shrimp farming for 120 people in processors, cooperatives and families that are raising intensive and super-intensive shrimp in the province.
(seafood.vasep.com.vn) Currently, Soc Trang province plans to expand its shrimp farming area from over 50,000 hectares to 57,000 hectares by 2025, aiming for a production of 233,800 tons and maintaining a $1 billion export value. The project will establish 45 climate-resilient shrimp farming models and ensure all farms meet aquaculture standards for traceability.
(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%.
(seafood.vasep.com.vn) Dong Thap is a key region for pangasius farming, boasting the largest production in the Mekong Delta. In the first seven months of 2024, the estimated aquaculture area reached 4,778 hectares, with a harvest yield of 307,336 tons. Of this, the intensive pangasius farming area covered 2,042 hectares, with a harvest of 252,670 tons.
(seafood.vasep.com.vn) According to Vietnam Customs, in the first half of August 2024, Vietnam's pangasius exports to the EU reached nearly 8 million USD, up 57% over the same period. Cumulative pangasius exports to this market as of August 15, 2024, reached 107 million USD, up 0.5% over the same period last year.
(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.
(seafood.vasep.com.vn) Some farmers in Soc Trang province have successfully applied a balanced biological shrimp farming technique, which eliminates the use of chemicals to minimize environmental impacts. This is a model of farming that adapts to climate change.
8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.
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