This sharp decline is due to reduced anchovy landings for the fishmeal and fish oil industry, according to the latest Statistical Bulletin issued by the Ministry of Production (Produce).
On evaluating the first quarter of 2012, it has been noted that the landings underwent a 40.4 per cent decline over the same period the previous year, changing from 1,122,300 tonnes in 2011 to 669,300 tonnes.
According to Produce, in March 2012 about 31,100 tonnes of fishery resources were landed for the fishmeal and fish oil industry, 86.5 per cent less than the same month of 2011 (228,900 tonnes).
In the first quarter of this year 344,500 tonnes of fishery resources were used for indirect consumption compared to 786,300 tonnes in the same period 2011, that is to say, 56.2 per cent less.
Last March 108,100 tonnes of fishery resources were landed for direct human consumption, compared to 141,700 tonnes in the same month of 2011.
Throughout the first quarter of 2012, a total of 324,800 tonnes of resources was used for direct consumption, 3.3 per cent less than last year (336,000 tonnes).
Last March, 55,100 tonnes were landed for the manufacture of frozen products while in the same month of 2011 about 78,000 tonnes had been landed.
In the first quarter of this year, the accumulated landings for this industry recorded 161,600 tonnes, 8.1 per cent less than in the same period of 2011, when 175,800 tonnes had been landed.
On the other hand, the fishery resources used by the canning industry in March 2012 totalled 14,000 tonnes compared with 29,800 tonnes in the same month last year.
Between January and March 2012 there was a 26.1 per cent decrease in the resources used by the canning industry: 46,100 tonnes compared to 62,400 tonnes in the same period of 2011.
Landings for direct human consumption as fresh products reached about 36,200 tonnes last March while in the same month last year 31,100 tonnes had been used.
In the first quarter of 2012 about 106,800 tonnes of resources were landed to be consumed as fresh products, representing 18.3 per cent over the same period in 2011 (90,300 tonnes).
(seafood.vasep.com.vn) According to a report by the General Statistics Office, the estimated pangasius output for January 2025 reached 102.5 thousand tons, representing a 6.0% increase compared to the corresponding period of the preceding year. This surge is attributed to the rise in pangasius material prices within the Mekong Delta, which has incentivized aquaculture farmers to expand their stocking activities. Concurrently, this price increase has facilitated processing enterprises to intensify procurement efforts to meet export demands during the early part of the year.
(seafood.vasep.com.vn) Between 2015 and 2024, Vietnamese pangasius exporting enterprises have undergone notable transformations in rankings and experienced fluctuations in developmental strategies, competitive intensity, and business efficacy. This dynamic is clearly illustrated through shifts in export turnover and the proportional contribution to the national pangasius export volume among the Top 5 enterprises.
(seafood.vasep.com.vn) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
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