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) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.
(seafood.vasep.com.vn) Can Tho’s fishery industry sustained steady growth in 2025 with total aquatic and marine output reaching nearly 783,000 tons, fulfilling 100% of the annual target. Aquaculture, capture fisheries and fishing fleet management were further strengthened, aiming for sustainable development in the coming years.
(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.
(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...
(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.
(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.
(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.
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