However, this is not necessarily the disaster some are predicting in terms of overall supply to the market. The figure of 50,000 metric tons to 60,000 metric tons is an estimate of what the weight would be at actual harvest time, not necessarily the actual weight of raw material lost, he told IntraFish.
Overall farmed shrimp volume shouldn’t be impacted by the floods in Thailand, but prices are likely to remain firm into the fourth quarter, a Thailand-based executive told IntraFish. “It is estimated that the flooding has wiped out 50,000 metric tons to 60,000 metric tons of raw material across eight provinces or approximately 10 percent of annual production,” said Jim Gulkin (pictured), whose Bangkok-based company Siam Canadian exports shrimp and other seafood products from Thailand and Asia.
However, this is not necessarily the disaster some are predicting in terms of overall supply to the market. The figure of 50,000 metric tons to 60,000 metric tons is an estimate of what the weight would be at actual harvest time, not necessarily the actual weight of raw material lost, he told IntraFish.
“Due to an unusually long cold season in Thailand, pond seeding was delayed until February in many cases the majority of the shrimp lost were still at juvenile stage," Gulkin said. "The ponds that lost the shrimp should be ready for re-seeding in only a few weeks time assuming there is no major damage to the ponds themselves.”
“Before the flooding happened we were expecting landings to improve starting in April with production increasing substantially through May and June. With the raw material lost in the flooding, improvement in landings will be delayed to June-July,” he said. “Because this happened so early in the year and when much of the crop was still in the juvenile stage, it is likely that the farmers will have time to play catch up over the course of the year.”
Raw material prices are high so incentive for farmers is certainly there to re-seed ponds, he said. “My instinct tells me that the overall raw material supply for 2011 will not be seriously affected. What we are probably looking at is a delay in major harvests from April to June to July to August rather than a major drop in overall production for 2011.”
So, the industry is now looking at firm prices throughout the first half of 2011. “If there is any relief in pricing it won’t happen until sometime in the third quarter of 2011. However that is peak processing time so I would not bet heavily on a price drop then,” Gulkin said. “Perhaps we might see some softening in the fourth quarter of 2011, when the majority of orders are processed but harvests continue later than usual due to the delay caused by this flooding.” The flood news has had an impact on shrimp prices in the United States.
Prices for shrimp from the Gulf of Mexico are firm, as speculators jumped in to buy on news of floods in Thailand hitting production, said Chuck Anderson, a broker with Philly Seafood, a U.S.-based shrimp harvester and supplier.
(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.
(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.
(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.
(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.
(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.
(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.
(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.
(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.
(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.
(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.
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