At the show, Undercurrent reported tilapia production in Mexico outstripped shrimp output by 30,000t last year, as shrimp harvestswere decimated by early mortality syndrome (EMS).
The growth means the government is now pinning hopes on tilapia, which is growing at a fast pace, as the most promising species for the country’s aquaculture.
Tilapia is also buoyed by a strong domestic demand, Alfredo Aranda, general coordinator of operations and institutional strategy at the Secretariat of Agriculture, Livestock, Rural Development, Fisheries and Food (Sagarpa) said during the event.
Mexicans consume some 130,000t of tilapia a year. Mexico’s shrimp harvest fell by 50% year-on-year last year, to just 50,000t, due in a large part to EMS. In contrast, tilapia production rose 6.6% to 80,000t.
To lure domestic customers, however, Mexican growers will have to find ways to compete with much cheaper imports from China.
“Until last year, shrimp was the most important Mexico’s aquaculture species in volumes and value, but due to EMS, tilapia already exceeded shrimp production,” Aranda said.
For next year, tilapia production is expected to reach 87,000t and, with a growth rate of 53.3%, tilapia could total 100,000t by 2016, Aranda said.
Shrimp harvest, on the other hand, is forecast to remain flat at 60,000t in 2014, before increasing to 80,000t in 2016 with a growth rate of just 9.6%. By 2018, harvests are expected to exceed pre-EMS production with volumes projected at 110,000t.
“We aim to recover shrimp volumes but, at the same time, we are betting on tilapia due to its trend in the market,” Aranda said.
Big domestic market
Tilapia has good growth potential in Mexico thanks to the country’s tropical climate, and increase domestic demand.
Its geographic location also makes it ideally poised to export to US. Last year, the US imported record high volumes of tilapia fillets, bringing in 59m pounds (26,761t).
“Mexico produces around 70,000t metric tons of tilapia annually, and it consumes 130,000t, so the potential is there,” Miguel A. Flores from Regal Springs Mexico said during the Aquamar conference.
The rest of the tilapia that Mexico consumes — 60,000t — is currently imported from China.
Competition with China could be a challenge for Mexican growers as tilapia prices from China are about 30% below Mexican prices, which are usually at around $2.5 per kilo of whole fish, Gonzalo Martinez, administration manager at the tilapia farm Tupez, based in Veracruz, told Undercurrent.
“If you export considerable volumes of fillets to the US the business will be profitable, but producing tilapia for Mexico is challenging, as retailers and consumers from the central area of the country would prefer to spend less money on tilapia,” Martinez said.
“However, locals from coastal areas will spend extra money to consume tilapia of quality,” he added.
Another Mexican tilapia player said the fodservice sector and retailers would prefer to buy big volumes from China over local tilapia, due to the price.
(seafood.vasep.com.vn) Vietnam’s squid and octopus exports maintained a strong recovery in the first five months of 2026, reaching more than USD 302 million, up 17% compared to the same period in 2025. Growth was primarily driven by Asian markets, including South Korea, Japan, Thailand, and China, while exports to the United States and the European Union continued to face headwinds from cautious consumer demand and increasingly stringent compliance requirements.
Vietnamese seafood giant Minh Phu Group has inaugurated a VND1.5 trillion (US$57.4 million) seafood processing plant in Ca Mau Province.
(vasep.com.vn) From 19–21 August 2026, the Vietnam International Seafood Exhibition (Vietfish 2026) will take place at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Under the theme "Innovation – Sustainability", Vietfish 2026 continues to serve as Vietnam's flagship annual seafood event, bringing together seafood producers, exporters, importers, buyers, industry experts, government agencies, and stakeholders from across the domestic and global seafood value chain.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in May 2026, reaching USD 14 million, up 18% compared with the same month last year. Cumulative export value for the first five months of 2026 totaled USD 62 million, representing a remarkable 101% increase over the same period in 2025, highlighting the sector’s strong recovery in international markets.
(seafood.vasep.com.vn) Vietnam’s tuna exports reached USD 367 million in the first five months of 2026, down 7% compared to the same period in 2025. While the decline is not yet severe, the more concerning issue is that pressure is mounting in key markets such as the United States and the European Union, just as ocean freight rates are rising sharply on long-haul routes. The current situation is therefore not merely about slower orders, but rather a clear restructuring phase for Vietnam’s tuna industry.
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
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