Groundfish Forum sees stable cod, pollock supplies, revises haddock and pangasius downward

News 17:44 12/09/2014
The annual Groundfish Forum concluded today in Vienna, and as expected the global whitefish production estimates contained few surprises.

Each year, the forum uses industry surveys and local knowledge to try and estimate global supplies of major species, and to forecast expectations for 2014.

Here is a brief rundown of the major species:

Atlantic Cod:  Total global production will be around 1.36 million tons in 2014, which is only marginally changed from the 1.35 million tons expected for 2013.  However, Atlantic cod volumes are being revised upward, with the 2013 figures up about 2% from their original projections last year.  Cod will again be in very plentiful supply, and there is no expectation for much of a decline.  Minor changes in volume in Norway and Russia will be made up by increases in Iceland.

Haddock:  The haddock situation is worse than previously forecast.  For 2014, the forum expects a decrease of 6.7% from this years landings of 298,000 tons, which in turn were 30% down from 2012 landings. In fact, all estimates of haddock supply have continued to be revised downward.  The 2013 estimate is now 4% less than it was last year.  Reports from fishing grounds have indicated slower than expected landings, meaning in some cases haddock was hard to find.

Alaska Pollock:  Here supplies are higher than forecast last year, and are expected to marginally drop in 2014.  Total landings are expected to reach 3.256 million tons.  Alaskan production should be stable at 1.35 million, while Russian production will drop slightly to 1.6 million.  However, last year expectations for 2013 were for total landings of 3.16 million, whereas this is now revised upward to 3.32 million tons, based on higher landings in Russia this year.

Pacific Cod: Expectations remain unchanged, with production forecast at 462,000 tons in 2014, which is almost exactly what was produced in 2013.

Pangasius:  The Forum is revising its estimates on pangasius, and this year is only providing estimates from Vietnam.  For 2013, Vietnamese production was estimated at 850,000 tons, and for 2014, it is estimated between 750,000 and 900,000 tons.  American catfish production will remain unchanged at around 150,000 tons.

The forum has been unable to estimate tilapia production for several years, although their 2011 estimates are higher than the recently released FAO estimates for that year.  Forum members estimated higher production in Egypt, the Philippines, and Thailand than was reported to FAO in 2011.  Their estimates for China are fairly close to the FAO numbers - 1.05 million tons vs. 1.08 million tons, again for the year 2011.

Overall this presents a stable supply picture for whitefish, with little significant change in production of the major species, but no increase forecast either.

TIN MỚI CẬP NHẬT

VSS2026: The US$1.7 billion gap and Vietnam’s seafood growth challenge towards 2029

 |  17:41 10/11/2026

(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?

Vietnamese tuna bucks the import trend in Germany

 |  08:46 07/11/2026

(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.

VSS2026: Seafood exports top USD 10.4 billion in 10 months – how should seafood businesses prepare for 2027?

 |  08:26 05/11/2026

(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.

Vietnam Seafood Summit 2026: From market forecasts to answers for 2027–2029 growth

 |  17:17 31/10/2026

(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.

Vietnamese seafood affirms its position at the China Fisheries & Seafood Expo 2026

 |  12:42 29/10/2026

(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.

Vietnam’s tilapia exports to CPTPP grow strongly but remain small in scale

 |  08:09 28/10/2026

(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.

Five key questions facing the seafood industry to be discussed at Vietnam Seafood Summit 2026

 |  14:58 22/10/2026

(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.

Vietnam’s shrimp exports face market volatility at year-end

 |  16:43 21/10/2026

(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.

Vietnam’s seafood industry in 2027–2029: Where will new growth opportunities come from?

 |  14:56 19/10/2026

(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.

Vietnam’s pangasius exports to the middle east recover, but growth remains uneven

 |  16:04 15/10/2026

(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.

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

DANH MỤC