Last year, the volume sold by the Scottish Shellfish Marketing Group (SSMG) rocketed by about 25% in the two weeks prior to Christmas compared with normal sales levels, making it one of the busiest times of the year for Scottish mussel farmers.
According to Stephen Cameron, managing director of SSMG, one major factor behind the sales growth is the new product innovation spearheaded by SSMG in recent years that has led to the creation of a number of ready-to-cook mussel recipe dishes that are now widely available in supermarkets.
“There is no doubt that consumers are attracted by the versatility of mussels in the kitchen and the simplicity involved in their cooking,” said Stephen Cameron. “Kids also love mussels, which makes them a great family treat at Christmas.
“We have invested heavily in recent years in developing new ready meal mussel dishes such as Green Thai and Coconut Curry, Mussels with Tomatoes and Chorizo, and a Mussel and Clam Bisque.
“Consumers are definitely becoming more adventurous in their tastes as they look for exciting alternatives to traditional Christmas fare.”
Cameron believes that consumers are also attracted by the sustainability credentials of Scottish rope-grown mussels. The young mussels, or spat as they are known, settle naturally on ropes suspended in the sea and feed on sea plankton found in the rich tidal flows around the west coast of Scotland and Shetland. SSMG mussels are independently certified by both the Marine Stewardship Council and the Friend of the Sea for the environmentally-friendly manner in which they are grown.
(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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