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
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
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