According to Ms. To Thi Tuong Lan, Deputy General Secretary of the Association of Seafood Exporters and Producers (VASEP), it is forecasted that the export price of pangasius to all markets will increase, so the export value of pangasius will increase. 20-25% compared to 2021; Pangasius export price is forecasted to increase by about 5%.
In markets like the US, where the price is as high as 3.95 USD/kg, the price in China has also increased. The import market recovered and grew well, in which, mainly in 4 main groups including China with a breakthrough of 31%, the US by 23%, the countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) by 13% and the EU recovered 6.6%,...
Sharing the same view that pangasius exports will prosper in 2022, Mr. Tran Van Hung, General Director of Hung Ca Company Limited (Dong Thap province) expressed that there will be many advantages in raw material prices and pangasius export prices, pangasius output will increase sharply from the end of 2022-2023.
The price of raw pangasius in the Mekong Delta increased sharply again
Petrol prices have increased, the world price of marine fish has increased, and sea fishing has also been and will continue to be limited, so Vietnam's freshwater farmed fish (pangasius) will have a better place in the world market. .
From April 2-4, 2022, the price of raw pangasius is about 30,000 VND/kg, the distribution price of frozen pangasius fillets in the US has also increased to 8-8.5 USD/kg but there is no stock, new supply. Very limited frozen fish fillets. Therefore, the price of pangasius will continue to increase.
Since the beginning of 2022, the price of pangasius has increased very high, which is an opportunity for people and businesses to continue to invest and develop production.
In addition to weather and climate, markets and trade barriers are also challenges for the pangasius industry. The new generation of free trade agreements are both a challenge and an opportunity for Vietnamese pangasius products to continue to be exported to the EU and US markets... However, the increasingly strict requirements from the import market require the pangasius industry in our country to make efforts to meet.
In 2021, the farming area of pangasius in the Mekong Delta was 5,856.7 hectares (an increase of more than 10% compared to the same period in 2020). The localities with the most concentrated stocking areas include An Giang, Dong Thap, Long An, and Ben Tre.
Pangasius harvest in 2021 got 1,525 million tons, an increase of 1.63% over the same period in 2020. Notably, pangasius production is concentrated in Dong Thap, An Giang, Can Tho and Ben Tre accounts for 86.4% of the whole Mekong Delta region.
(seafood.vasep.com.vn) Shrimp exports in 2024 reached nearly USD 4 billion, a 14% increase compared to 2023. Reflecting on 2024, the shrimp industry demonstrated resilience and persistent effort in overcoming challenges, solidifying its strong position in exports.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (ticker symbol FMC - HoSE), one of Vietnam's largest shrimp exporters, recently announced its 2024 business results.
(seafood.vasep.com.vn) The United States remains one of the largest importers and consumers of Vietnamese pangasius, primarily in the form of frozen fillets. However, in recent years, the country has significantly increased its imports of value-added pangasius products.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
(seafood.vasep.com.vn) With a market share exceeding 10% in Vietnam's aquafeed sector, Sao Mai Super Feed has affirmed its position as one of the leading brands, making a significant contribution to the development of the pangasius industry and elevating Vietnamese pangasius products on the international stage.
Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Hoai Nam said that in the past 5-6 years, Vietnam's seafood export value has only hovered around 8-10 billion USD/year. To reach the value of 16 billion USD by 2030, Mr. Nam proposed establishing corporations/enterprises to exploit the sea.
(seafood.vasep.com.vn) Vinh Hoan Seafood (stock code VHC) announced that its export turnover to three key markets— the U.S., EU, and China—grew between 32% and 40% in November 2024 compared to the same period in 2023.
(seafood.vasep.com.vn) Shrimp exports for the first 11 months of 2024 brought in nearly 3.6 billion USD, up 22% compared to the same period last year. Exports to major consumption markets all recorded double-digit growth.
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
