In January 2014, the U.S. bought 10,963 MT of pangasius from Vietnam, valued US$32.12 million, up 31 percent in volume and 27 percent in value year on year. The fish was bought at US$2.93 per kilogram into the American market, compared to US$3.03 per kilogram reported a year ago.
This month, catfish imported into the U.S. from China totaled 1,536 MT, having a worth of US$6.85 million, up 170 percent in volume and 194 percent in value year on year. The average import price was US$4.47 per kilogram, compared to US$4.09 per kilogram of the same time of 2013.
U.S. imports of tilapia also got rise of 42 percent in value and 28 percent in volume in January 2014. The NMFS reported that, in 2013, the outside seafood purchase by the U.S in 2013 increased by 8.3 percent (equal to US$1.4 billion) to US$18.3 billion, compared to US$16.9 billion in 2012. However, imported tilapia was down 5.2 percent in volume from 187,794 MT in 2012 to 178,052 MT in 2013. However, its value still rose 6.3 percent from US$842 million in 2012 to US$895 million, as there were higher prices because of rising demands. China, the largest tilapia supplier of the U.S. exported 143,628 MT of fish to this destination, 6,000 MT less than that of 2012. Supply from Indonesia decreased by 100 MT from 11,931 MT in 2012 to 11,801 MT in 2013.
After consecutive months of reporting one-digit growth, Vietnam has got stronger rise in pangasius exports to the U.S since the end of 2013. According to Vietnam Customs, pangasius shipments to the American market reached US$38.5 million in January 2014, a rise of 44.6 percent year on year. With a proportion of 24.6 percent in total exports, the U.S. ranked first among Vietnam’s pangasius importer, followed by the EU with 20.5 percent.
Some Vietnamese exporters said that the pangasius exports to the U.S in the first quarter much depend on the final decision of POR9 which is scheduled in early April.
|
Pangasius and catfish imports into the U.S., January 2014 |
||||
|
Origin
|
January 2013 Volume (kg) |
January 2013 Value (US$) |
January 2014 Volume (kg) |
January 2014 Value (US$) |
|
Argentina |
0 |
0 |
42,167 |
71,684 |
|
Bangladesh |
71 |
2,993 |
0 |
0 |
|
Brazil |
41,713 |
124,715 |
65,433 |
208,800 |
|
China |
570,355 |
2,333,594 |
1,536,320 |
6,859,449 |
|
Taiwan |
10,886 |
22,345 |
0 |
0 |
|
El Salvador |
8,849 |
108,670 |
0 |
0 |
|
Haiti |
991 |
16,749 |
0 |
0 |
|
Iceland |
8,481 |
9,082 |
3,049 |
38,071 |
|
Malaysia |
507 |
10,145 |
200 |
3,700 |
|
New Zealand |
16,573 |
73,718 |
0 |
0 |
|
Norway |
0 |
0 |
6,900 |
98,900 |
|
The Philippines |
14,243 |
87,799 |
0 |
0 |
|
Russia |
2,434 |
10,691 |
1,990 |
7,731 |
|
South Korea |
33,750 |
99,028 |
3,486 |
13,095 |
|
Thailand |
3,616 |
28,735 |
600 |
2,242 |
|
Uganda |
0 |
0 |
15,726 |
89,650 |
|
Vietnam |
8,373,239 |
25,364,735 |
10,963,802 |
32,125,625 |
(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.
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