(vasep.com.vn) Shrimp consumption
France – a diversified shrimp market
In the recent time, three leading shrimp consumers of EU (Spain, France and Italy) still remain their position, but the market share of Spain has been contracted due to the global financial crisis, Marie Christine Monfort - a foreign marketing consultant said.
In particular, France is an active, diversified shrimp market with the fastest growth rate. The country consumes over 100,000 MT of shrimp per year, valued at EUR500 million (or US$800 million) with a positive outlook. Warm water shrimp supply for France reached EUR490 million from extra EU and EUR10 million from intra EU.
Now 80 percent of the total shrimp consumption of France is from main 10 suppliers. In three recent years, Ecuador, Madagascar and India are the main shrimp suppliers with 70 percent of the total warm water shrimp import into France. Ecuador exported the whiteleg shrimp in shell-on with sizes 80/100, 60/40 and 20/40 pieces per kilogram. Sales of organic whiteleg shrimp produced in Ecuador is strong in France.
Vietnam shrimp export to France expected to rise robustly
Many years ago, Vietnam black tiger shrimp export to France was low because France often imported shrimp from traditional markets. However, in recent years, Vietnam shrimp export to EU has increased sharply 20 percent per year in volume, even 40 percent per year in value (2008).
In 2010, Vietnam shrimp export to France reached the record of over 6,225 MT, worth nearly US$48.5 million, up nearly 35 percent in volume and over 40 percent in value on those of the same period of 2009, accounting for almost 40 percent of the total Vietnam seafood import value into France in 2010 (US$121.9 million)
In 2010, among suppliers of raw shrimp for France, Vietnam ranked the fifth after Ecuador, India, Madagascar and Thailand. However, the volume of prepared and value added products was low, representing only 21 percent of the total shrimp exports to France (US$11.7 million) and the price of Vietnam shrimp was not as competitive as that of Thailand and India shrimp. Anyway, Vietnam shrimp processors and exporters should consider the above disadvantages as an opportunity to try and increase export value to France.
Export shrimp to France must ensure the standards of food safety and must be processed under professional production lines. The requirements for prepared shrimp products (breaded, breaded and marinated) imported into France are very complicated and strict because these products are often supplied for restaurant systems.Vietnam shrimp exporters with stable export value to France are Seanamico (US$4,63 million), Minh Phu Corp (US$4,6 million), Truc An., Ltd (US$4 million), Agrexco (US$2.6 million), Minh Hai Jostoco (US$2.3 million) and Phu Cuong, Quoc Viet…
In the first six months of 2011, Vietnam seafood export to EU rose sharply 25 percent in value on that of the same period of 2010, in which export to France rose 14 percent. Among exporting seafood products, shrimp reached 3000 MT, up 20 percent on that of the same period of 2010.
In the last months of 2011, Vietnam shrimp export to France is expected to raise due to France’s high demand in the year-end holidays, especially in the last three months of 2011. However, many European shrimp importers are reducing orders and requesting for a lower price amid fears of European sovereign debt crisises which is also one of obstacles that Vietnam shrimp exporters have to confront with.
(Phuong Mai Seafood Trade Magazine)
(seafood.vasep.com.vn) On June 16, the Department of Agriculture and Environment of Ca Mau Province announced that the locality has established a farming area code for nearly 30,400 hectares of mud crab aquaculture and granted export facility codes to five enterprises eligible to export mud crab officially to markets such as China, Cambodia, Singapore, and the United Arab Emirates (UAE).
(seafood.vasep.com.vn) The United States remains one of the largest export markets for Vietnamese pangasius. In the first four months of 2026, pangasius exports to the US reached USD 106 million, up 4% compared to the same period in 2025. In April 2026 alone, export value totaled USD 38 million, marking a 20% year-on-year increase and the first positive growth recorded after an extended period of decline.
(seafood.vasep.com.vn) While Vietnam’s shrimp exports to many major markets continued to post positive growth in the first months of 2026, exports to the United States declined, highlighting growing competitive pressures and trade barriers facing the Vietnamese shrimp industry.
(seafood.vasep.com.vn) Egypt is emerging as one of the most promising destinations for Vietnamese tuna exports in 2026. During the first four months of the year, export turnover to this market exceeded USD 7.3 million, marking a sharp increase compared to the same period over the previous two years. As Egypt’s tuna imports continue to recover and demand for canned tuna remains strong, the market is becoming increasingly attractive for Vietnamese tuna processors and exporters.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s pangasius exports to CPTPP member countries reached nearly USD 128 million, accounting for 18% of the country’s total pangasius export value and increasing by 21% compared to the same period in 2025. Demand patterns varied significantly across the bloc: Mexico primarily imported fresh and frozen pangasius products, while Japan and Canada recorded substantial shares of processed products. Australia remained focused on frozen fillets but continued to maintain a portion of processed imports.
(seafood.vasep.com.vn) Despite the slow recovery of the U.S. market and continued trade-related challenges facing Vietnam’s shrimp industry, Minh Phu Seafood Corporation (MPC) has set ambitious targets for 2026. The company aims to produce 68,800 metric tons of finished shrimp products, generate consolidated revenue of VND 19.9 trillion, and achieve VND 1.059 trillion in pre-tax profit. If achieved, these figures would represent the highest revenue and profit levels in the company’s history.
(seafood.vasep.com.vn) HungHau Foods Joint Stock Company (HungHau Foods) has been honored at the 33rd Asia-Pacific Economic Forum, receiving two prestigious awards: “Top 10 Outstanding Asia-Pacific Enterprises 2026” and “Top 10 Outstanding Entrepreneurs” awarded to HungHau Foods CEO, Ms. Nguyen Yen.
(seafood.vasep.com.vn) After a period of sluggish imports in 2025, the Chinese market has returned with strong shrimp purchasing momentum in the first months of 2026. However, alongside rising demand comes an increasingly stringent import control system, covering quarantine requirements, food safety standards, registration procedures, and traceability. This makes China a market that offers both significant opportunities and growing risks for Vietnamese shrimp exporters.
(seafood.vasep.com.vn) Recently, in Long Xuyen City, An Giang Province, the Institute of Policy and Strategy for Agriculture and Rural Development (IPSARD) and the University of Economics Ho Chi Minh City (UEH) organized a workshop to announce the results of the project “Food Loss Assessment in the Pangasius Value Chain in the Mekong River Region.” The project aims to provide scientific evidence to support the sustainable development of Vietnam’s pangasius industry.
(seafood.vasep.com.vn) Shrimp prices in Vietnam’s Mekong Delta have recovered since early May, helping to improve farmers’ confidence and accelerate stocking activities for the 2026 farming season. However, farmers remain cautious due to rising input costs, unfavorable weather conditions, and disease risks.
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