Consumers in
Current imports for Agama, a $200 million revenue importer, processor and distributor of shrimp, are currently practically nothing, Igor Salagaev, marketing manager at the firm, told Undercurrent News.
“Demand is very slow. Normally we import around 3,000 tons per month raw material, but at the moment, nothing,” he said.
Looking at yearly import statistics for shrimp, of which cooked, head-on, shell-on is the main product for the Russian market, it is clear that demand is dwindling. The volume of shrimp imported in 2012 was 30,245 metric tons – 21% lower than just two years previously.
So far for 2013 Agama has imported 10,843t, and Salagaev forecasts the year total will reach 26,500t – another 12% drop year-on-year.
“The big picture is that the coldwater shrimp market is going down,” he said. “The market will lose 10%, 15% of imports.”
“Just look at the monthly figures: the standard monthly imports is around 2,500 – 3,000 mt. In April- May it was about 1,000-1,400t. We have not been importing for the past months as well.”
There are two reasons for this drop in imports, and the first is the price for the importer.
Several of the largest Russian firms have traditionally focused on importing small sizes shrimp, 180+ pieces per kg, or 200+, said Salagaev, whose own firm Agama has been paying more attention to larger shrimp.
The prices for these shrimp have been increasing for several years now, and has stabilized at a level much higher than it used to be.
“People only just started to care about quality, last year maybe. Now they are beginning to buy good quality shrimp” “Russian importers are not interested. They were buying cheap, and selling on as a cheap product,” he said. “Now if they buy it they have to sell it at a worse margin.”
He also pointed out that the ruble has lost 10% against the euro and the dollar, which makes it even less worthwhile purchasing expensive products to sell cheaply.
The second reason for the drop in imports is that Russian consumers are buying less prawns at better levels of quality.
The MSC certification of Greenland’s shrimp fishery means little to
“People only just started to care about quality, last year maybe. Now they are beginning to buy good quality shrimp.”
Once again he has the statistics to back this: last year Agama’s sales of own-brand, larger sized shrimp was around 195t per month. This year sales have been 260t per month.
Around three months ago the firm, which is in the process of setting up a chain of stores throughout
“Another item is the 50/70, which is popular in
(seafoo.vasep.com.vn) Ca Mau Province is stepping up efforts to protect aquatic resources and promote transparent and sustainable fisheries, joining the country’s efforts to have the European Commission (EC) remove its “yellow card” warning for illegal, unreported and unregulated (IUU) fishing.
(vasep.com.vn) Vietnam has strengthened its position in China’s massive seafood market, becoming the largest lobster supplier while maintaining a dominant share of the country’s imported pangasius.
(vasep.com.vn) Vietfish 2026 was more than just a larger exhibition space. Through B2B meetings, booth discussions, production-chain visits and post-show feedback, businesses and buyers found something more concrete: suitable suppliers, processing capabilities, technology solutions, new markets and a foundation for building long-term trust and partnerships.
(vasep.com.vn) Vietnam’s tilapia exports to the United States declined significantly in the first seven months of 2026. Cumulative export value reached US$18 million, down 42% from the same period in 2025. In July alone, exports amounted to just US$2 million, plunging 70%, indicating a clear slowdown in import demand from the US market.
(vasep.com.vn) At the seminar “Global Seafood Markets and the Future Workforce: Trends, Opportunities and Directions for the Sustainable Development of Vietnam’s Fisheries Sector,” held as part of VIETFISH 2026, Ms. Shirlene Maria Anthonysamy, Fisheries Officer (Markets) and GLOBEFISH Coordinator at the Food and Agriculture Organization of the United Nations (FAO), presented initiatives aimed at promoting youth participation in fisheries and aquaculture.
(vasep.com.vn) In the first seven months of 2026, Vietnam’s pangasius exports to the United States reached US$189 million, down 8% year-on-year. In July alone, export value reached US$22 million, down 28%. This trend indicates that U.S. demand for pangasius imports has remained relatively cautious this year, as importers tend to maintain moderate inventory levels and limit stockpiling.
(vasep.com.vn) After three days at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, the Vietnam International Fisheries Exhibition – VIETFISH 2026 – has successfully concluded, leaving a strong impression in terms of scale, visitor numbers, the quality of business connections, and innovative activities. With more than 14,000 m² of exhibition space, 335 companies, 568 booths, participation from representatives of 17 countries and territories, and nearly 15,000 visitors, VIETFISH 2026 has once again affirmed its role as an important meeting point for Vietnam’s and the global seafood industry.
(seafood.vasep.com.vn) Held as part of Vietfish 2026 from August 19–21 at SECC in Ho Chi Minh City, a series of five specialized seminars provided the seafood business community with updates on markets, technology, standards, human resources and cooperation opportunities. With the participation of experts, international organizations, government agencies and businesses from Vietnam and abroad, the seminars created an additional platform for professional exchange alongside the exhibition’s product showcases and business networking activities.
(seafood.vasep.com.vn) On the morning of August 19, 2026, the Vietnam International Seafood Exhibition – VIETFISH 2026 officially opened at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. With 568 booths representing 335 companies, alongside the presence of senior government officials, local authorities, diplomatic missions and international partners, VIETFISH 2026 kicks off three days of business networking, technology exchange and market engagement under the overarching theme “Innovation and Sustainability.”
The Vietnam Association of Seafood Exporters and Producers (VASEP) officially announces that the Vietnam International Seafood Exhibition (Vietfish 2026) will take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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