Last year, there had been concern over the impact on production, given enormous damage of the giant earthquake and tsunami on northern Tohoku , a major producing area.
In terms of the trend in sales in 2011, sales were kept at the previous year's level in Tokyo and surrounding prefectures.
Manufacturers and wholesalers consider the relatively favorable results were partly due to the consumer trend to eat at home.
Market sources say that sales campaign for surimi products in the end-of-the-year and New Year season went more or less as anticipated.
A wholesaler at Tokyo's Tsukiji Fish Market said: "We had uncertainty over whether we could achieve the results as in the previous year, because of the production cutback by makers in the tsunami-ridden Tohoku area." Actual sales, however, betrayed their bearish outlook.
Sales were especially robust in such areas as Niigata, Odawara and Joban.
Last year end, mass retailers refrained from placing buy orders at one point to cope with loss management, but later they took to active buying from around Christmas to the last day of the year.
The best-selling price zone remained the same as a year earlier but specific products that actually sold well seem to have differed from maker to maker.
A producer observed that it had more-than-anticipated sales of package products probably because younger consumers, who do not have knowledge of cooking, bought them, reflecting the current propensity of refraining from dining out.
In this respect, makers note that they succeeded in developing new consumer brackets.
By contrast, in western Japan region centering on Osaka, sales value shrank about 10% from the previous year, in spite of active sales drive for new products including those for children.
A dealer in the Osaka central wholesale market admitted that the sales environment is still difficult, although earlier there had been an anticipation that sales for use at home would increase last year end.
The principal price zone of kamoboko, a kind of popular surimi product in Japan, stayed at around Y400-500, more or less matching their earlier estimate, although fuel and material costs hiked while raw material prices turned lower.
As in Tokyo region, sales of New Year package products saw smooth performance in the Osaka region.
For other products, sales of Oden pot-cuisine materials for winter season showed a robust growth in December as cold weather set in.
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
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