Strong rise in U.S. pangasius imports in Jan 2014

News 08:34 13/09/2014
(pangasius-vietnam.com) In January 2014, the U.S. imported 12,639 MT of pangasius and catfish, worth US$39.5 million, up 39.1 percent in volume and 39.7 percent in value compared to that of January 2013, according to statistics by the National Marine Fisheries Service (NMFS). Pangasius products from Vietnam made up of 87 percent in total imports.

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

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