This takes pangasius to the top of the list of seafood consumed in the Netherlands, with canned tuna dropping to number two.
Fresh consumption is flat at around 1,000 metric tons, but frozen consumption is booming, up from 3,600 metric tons in 2010 to 4,500 metric tons in 2011.
Queens Products, the largest pangasius supplier to the Dutch market, saw volumes of frozen pangasius increase from 2,100 metric tons in 2010 to 2,900 metric tons in 2011.
Queens only deals with one supplier in Vietnam, Vinh Hoan. “We haven’t bought one kilo from elsewhere,” Harry Hoogendoorn, its managing director, told IntraFish.
Queens Products plans to switch completely to Aquaculture Stewardship Council (ASC)-certified pangasius and tilapia.
“We will give consumers and buyers no choice. So we move completely with both tilapia and panga to ASC, when it is available,” Harry Hoogendoorn, its managing director, told IntraFish.
The non-GlobalGap tilapia is at the moment red listed on the Dutch fish guide, said Hoogendoorn.
This will have an impact on prices, as producing according to ASC standards means much higher costs, he said.
The challenge for 2012 will be to explain to the consumer what ASC is. Most of the consumers do not know the difference between farmed fish and wild-catch.
Marine Stewardship Council (MSC)-certified fish is now well known, he said. “When a new logo appears, maybe it is confusing for the consumer.”
(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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