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.
(vasep.com.vn) The global tilapia market is becoming increasingly segmented, not only among producing countries but also by product type and destination market. Supply is divided into groups with distinct competitive advantages: large volumes of whole fish and frozen fillets from Asia, high-value fresh fillets from Latin America, and substantial domestic consumption in several major producing countries.
(vasep.com.vn) Vietnam’s tuna exports to the UK grew in the first eight months of 2026, despite signs of slowing import demand in the market. However, sharp fluctuations in orders, competition from major suppliers, and new traceability requirements are creating challenges for Vietnamese exporters.
(seafood.vasep.com.vn) Vietnam is stepping up efforts to combat illegal fishing, protect marine ecosystems, expand digital monitoring, and develop science-based management to ensure the sea can support communities and the economy for generations to come.
(seafood.vasep.com.vn) The EU remains a critical market for Vietnamese shrimp; however, purchasing demand and import patterns are undergoing notable changes. According to Vietnam Customs data, as of September 15, 2026, Vietnam’s shrimp exports to the EU reached nearly $374 million, down 5% year-over-year and accounting for 10.7% of the country’s total shrimp export value. Meanwhile, the EU’s stotal shrimp imports through July 2026 contracted by 7% in volume, exhibiting divergent trends across Southern Europe, Northwestern Europe and Eastern Europe. These dynamics necessitate that Vietnamese enterprises closely monitor individualized market demand, rather than approaching the EU as a monolithic consumer block.
(seafood.vasep.com.vn) In the first eight months of 2026, Vietnam’s exports of surimi and fish cakes remained relatively stable year-over-year compared to 2025. Following a contraction in the initial months, export performance demonstrated improvement from June onward, peaking in August. However, the recovery has been uneven, characterized by divergent trends across major markets: robust growth was recorded in China, Japan, Malaysia, the United States, and Taiwan, whereas export volumes to South Korea, Indonesia, and select European markets contracted.
(seafood.vasep.com.vn) Pangasius remains one of Dong Thap’s key aquaculture species, with the province focusing on developing an integrated value chain covering seed production, commercial farming, deep processing and by-product utilization. The province is promoting high-tech, circular pangasius farming models featuring reduced water exchange and enhanced biosecurity, aiming to improve production efficiency and strengthen control over raw material quality.
(vasep.com.vn) Vietnam’s seafood exports in September 2026 are estimated at US$1.135 billion, up 11.9% year-on-year, bringing total exports in the first nine months of the year to US$9.103 billion, up 11.4%. Behind this double-digit growth, however, increasingly divergent market trends are emerging: China–Hong Kong and ASEAN posted strong growth, while the U.S., EU and Japan all recorded declines in September.
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.
(seafood.vasep.com.vn) Congalsa has acquired the entire charter capital of Lenger Seafood Vietnam, giving it full ownership of the business and its Nam Dinh processing facility.
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