“Despite the economic uncertainty in the markets, demand for Norwegian seafood products remains good, even incountries that have been hit hard by the crisis,” said Egil Ove Sundheim, the NSC’s director of market information. “In the first half-year of 2012, exports were characterized by much lower prices for Norwegian salmon than in the previous year. However, in July price differences were less pronounced and export volumes were up, which has resulted in growth in the value of Norwegian salmon exports.”
Salmon exports totaled NOK 2.3 billion, up by NOK 58 million or 2.6 percent from July 2011. The value of Norwegian salmon exports totals NOK 16.3 billion year to date, down 5 percent compared to the same period last year. This decline is attributed to lower export prices: The average price for fresh whole salmon in July was NOK 27.05, compared to NOK 31.14 in July 2011. France and Russia were the biggest Norwegian salmon importers.
The value of exports of Norwegian Fjord trout in July totaled NOK 118 million, unchanged from July last year. The value of Fjord trout exports totals NOK 917 million, an increase of NOK 183 million compared to the sameperiod in 2011.
Both herring and mackerel exports are growing: Herring export value increased in July by NOK 92 million, or 73 percent, to a total of NOK 219 million. Exports of mackerel grew in value in July by NOK 16 million to a total of NOK 68 million.
Clipfish exports fell in value in July by NOK 12 million to a total of NOK 228 million. A breakdown of this figure shows that Norwegian clipfish of cod accounted for NOK 118 million and saithe NOK 92 million, with the remainder accounted for by ling, torsk and other groundfish.
Exports of salted fish including fillets increased in value in July by NOK 14 million to a total of NOK 39 million, of which cod accounted for NOK 32 million.
In July, exports of fresh cod fell in value by NOK 23 million to a value of NOK 34 million. The value of exports of frozen cod including fillets was also down, falling in value by NOK 26 million to a total of NOK 89 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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