This rise is due to increased anchovy landings destined for fishmeal and fish oil industry, and other resources for fresh fish industry, according to the latest Statistical Bulletin prepared by the Ministry of Production (Produce).
On assessing the first five months of 2012, it has been noted that landings fell by 48 per cent over the same period last year, changing from 4,155,600 tonnes in 2011 to 2,162,100 tonnes.
According to Produce, in May, 2012 about 1.16 million tonnes of fishing resources were landed for the fishmeal and fish oil industry, representing 4.5 per cent more than in the same month of 2011 (1,109,100 tonnes).
Between January and May this year about 1,630,800 tonnes of fishery resources were used for indirect consumption, compared with 3,578,100 tonnes in the same period of 2011, that is to say, 54.4 per cent less.
For direct human consumption about 83,900 tonnes of seafood resources were landed in May compared to 118,200 tonnes in the same month of 2011.
During the first five months of 2012, a total of 531,300 tonnes of resources was used for direct consumption, representing 8 per cent less than last year (577,500 tonnes).
For the preparation of frozen products about 48,300 tonnes were landed last May while in the same month of 2011 about 62,000 tonnes had been landed.
Between January and May this year, the accumulated landings for this industry totalled about 266,800 tonnes, representing 12.1 per cent less than in the same period of 2011, when 303,400 tonnes were landed.
On the other hand, the fishery resources used by the canning industry in May 2012 totalled 4,100 tonnes compared with 25,000 tonnes in the same month last year.
Between January and May, there was an increase of 32.4 per cent in the resources used by the canning industry: 73,600 tonnes compared to 108,900 tonnes in the same period of 2011.
Landings for direct human consumption as fresh fish reached about 29,300 tonnes last May while in the same month last year they had totalled 28,600 tonnes.
In the first five months of 2012, about 175,300 tonnes of resources were landed to be consumed as fresh fish, representing 15 per cent over the same period in 2011 (152,400 tonnes).
(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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