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) In the first four months of 2026, Mexico, Brazil, and Colombia together contributed USD 108 million to Vietnam’s pangasius exports, accounting for around 15% of the industry’s total export turnover. Amid tightening global whitefish supply and slowing demand in several traditional markets, Latin America is increasingly becoming an important expansion destination for the sector.
(seafood.vasep.com.vn) Alongside the development of high-tech shrimp farming, Ha Tinh Province is accelerating the cultivation of high-value freshwater aquatic species, with red tilapia emerging as an effective and sustainable farming model.
(vasep.com.vn) Vietnam’s tuna exports reached USD 81 million in April 2026, down 6% compared to the same period in 2025. In the first four months of the year, export turnover totaled USD 289 million, down 4.8%. Although the overall export picture has yet to brighten significantly, market trends are becoming increasingly diversified rather than moving in a single direction.
(seafood.vasep.com.vn) Vietnam’s pangasius industry is undergoing strong restructuring starting from the broodstock and fingerling segment in order to improve productivity, quality, and export competitiveness. This is considered a critical foundation for the sustainable development of the industry amid rising production costs and increasingly stringent market requirements.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports in April 2026 reached USD 206 million, up 18% compared to the same period in 2025 — marking another consecutive month of double-digit growth since the beginning of the year. Cumulative pangasius export turnover in the first four months of 2026 reached USD 720 million, up 17% year-on-year, reflecting the positive growth momentum of this key export product.
(seafood.vasep.com.vn) Vietnam’s shrimp exports in the first four months of 2026 maintained positive growth momentum, reaching approximately USD 1.5 billion, up 15% compared to the same period last year. However, behind this result lies diverging trends across markets, as the global shrimp industry continues to face pressure from inflation, high inventories, price competition, and increasing trade risks.
(seafood.vasep.com.vn) In Vinh Tuy commune (Kien Giang Province), many shrimp farmers are adopting bottom aeration systems and reporting clear economic benefits, helping increase income and reduce production risks.
(vasep.com.vn) In the first three months of 2026, Vietnam’s exports of crabs and other crustaceans reached more than USD 93 million, up 23% compared to the same period last year. The result shows that the sector is experiencing a fairly positive recovery, especially in its two key product groups: crabs and swimming crabs. However, behind the growth figures are several concerns: export markets remain highly concentrated, raw material supply is unstable, and trade barriers from the US and EU are becoming increasingly stringent.
(seafood.vasep.com.vn) In Ca Mau province, many farmers are transitioning from traditional methods to high-tech shrimp farming, adopting recirculating systems with minimal water exchange to improve efficiency and reduce risks. In Hung My commune alone, there are about 260 super-intensive shrimp farming households covering more than 265 hectares, playing a key role in local economic development.
(seafood.vasep.com.vn) In the first three months of 2026, Vietnam’s exports of fish cake and surimi reached USD 63 million, down 5% compared to the same period last year. Although total export value declined slightly due to decreases in some key markets, many other destinations continued to post strong growth, opening up room for this convenience-oriented processed segment in the coming quarters.
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