The volume of exports in the same period totalled 714,000 tonnes, an increase of 25 per cent or 141,000 tonnes compared to the first nine months of 2011, according to the latest figures from the Norwegian Seafood Council (NSC).
The value of Norwegian salmon exports in September increased by NOK 38 million (EUR 5.1 million) to NOK 2.4 billion (EUR 324.2 million), while the volume of exports in September was up by 7 per cent to 86,000 tonnes.
“The slight fall in the value of Norwegian salmon exports this year to date is due to lower prices at the beginning of the year compared to the beginning of 2011,” says senior analyst Paul Aandahl from the Norwegian Seafood Council. “The price fall was the result of increased supply from Norway and other salmon producing nations.”
The average export price for fresh whole Norwegian salmon in the third quarter of 2012 was NOK 27.64 (EUR 3.73) per kg, down by NOK 7.48 (EUR 1.01) per kg from the same period last year. In September the average price was NOK 26.35 (EUR 3.56) per kg, just slightly down by NOK 0.08 (EUR 0.01) compared to September 2011 and NOK 1.62 (EUR 0.22) lower than in August this year.
The majority of Norwegian salmon export markets have seen strong growth in export volume in 2012. The biggest growth has been in exports to Russia, with volume up by 29,000 tonnes. Poland has also seen strong growth, with volume up by 20,000 tonnes. The volume of exports to France, the biggest market, was up by 12,000 tonnes.
Despite strong growth in the overall volume of Norwegian salmon exports, exports of frozen products have remained static. Fresh Norwegian salmon products now account for 90 per cent of all Norwegian salmon exports.
The value of exports of Norwegian fjord trout in the third quarter of 2012 showed growth of 22 per cent to NOK 1.2 billion (EUR 162.1 million) compared to the same quarter last year.
The volume of trout exports in the third quarter of 2012 totalled over 39,000 tonnes. This is an increase of 56 per cent or 14,000 tonnes compared to the same period last year. Russia is the biggest export market, accounting for 58 per cent of total exports, followed by Japan, Belarus and Ukraine.
(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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