Shrimp prices surge $1 in July

News 15:40 13/09/2014 496
Global shrimp prices leap to $9 a kilogram last month. Global prices of shrimp surged by around $1 (€0.75) per kilogram in just four weeks -- a result of the ongoing supply crunch due to the early mortality syndrome (EMS) disease ravaging Asia.

The average global price of shrimp has increased to $9 (€6.8) a kilogram (for 20-30 count), up from $7 (€5.30) to $8 (€6), four weeks ago, reported the Business Standard.

Global prices were dropping until June as European buyers had been pressurizing exporting nations to reduce prices.

The European Union (EU) reduced import of high-value items such as shrimp and was ordering shrimp only at a price range of $7 (€5.30) to $7.5 (€5.70) per kilogram.

According to exporters, economic crisis in this region had slowed down demand for costly seafood items, said the news website.

Now the serious drop in production caused a paradigm shift in the pricing of shrimp.

Processing plants in east Asian countries have to depend on imports from India in order to meet their commitments to European and US importers. Countries such as Vietnam and Taiwan also importing more shipments from India for export purpose.

Rise in local demand in Korea also pushed up demand, reported  the Business Standard. Prices might spurt further as production in east Asia will take a few months to be back to normal.

Supply from Thailand may fall about 50 percent this year, compared to the normal production size of 500,000 metric tons a year.

Bạn đang đọc bài viết Shrimp prices surge $1 in July tại chuyên mục News của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Q1/2026: shrimp exports grow on China demand, but competition and costs remain high

 |  10:40 04/05/2026

(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.

Vietnam’s tuna exports in early 2026: bright spots amid mounting pressures

 |  08:54 01/05/2026

(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.

Quang Ngai: rising shrimp farming costs squeeze farmers’ profits 

 |  15:43 28/04/2026

(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.

Vietnam’s tilapia exports accelerate, requiring a long-term strategy

 |  10:10 26/04/2026

(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.

Vietnam’s pangasius exports to the Middle East: Strong potential amid geopolitical challenges

 |  09:59 24/04/2026

(seafood.vasep.com.vn)  Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.

Quang Tri proactively schedules crop seasons and strengthens disease prevention in shrimp farming

 |  09:55 22/04/2026

(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.

Vietnam’s fish cake and surimi exports show positive signs in early 2026

 |  09:49 20/04/2026

(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.

Quang Ngai ensures transparency in declaring seafood production.

 |  08:48 17/04/2026

(seafood.vasep.com.vn) During the week from April 4th to 10th, 2026, Quang Ngai province intensified its monitoring and law enforcement activities with the determination to eliminate illegal, unreported, and unregulated (IUU) fishing practices.

Thanh Hoa promotes high-tech shrimp farming

 |  08:41 16/04/2026

(seafood.vasep.com.vn) Thanh Hoa’s shrimp sector is undergoing a strong transformation by accelerating the adoption of high technology, helping to improve productivity, increase profits, and meet market demands. The province currently has about 4,100 hectares of shrimp farming, with output continuing to rise despite stable farming area, mainly due to the shift from traditional methods to intensive and super-intensive farming.

Vietnam’s crab exports brighten in 2026, but face pressure from reliance on major markets

 |  16:15 14/04/2026

(vasep.com.vn) Amid ongoing volatility in global seafood trade, Vietnam’s crab exports have made a fairly positive start to 2026. According to Vietnam Customs statistics, export turnover in the first two months of 2026 reached nearly USD 55 million, up 24% compared to the same period in 2025 and more than 2.2 times higher than in the same period of 2024. This indicates that crab exports are entering 2026 with stronger growth momentum, particularly in Asian markets.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC