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.
(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
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