From 2014 to 2018, Japan's surimi imports ranged from US $ 486.3 million to US $ 559.2 million. In which the import value in 2017 was the lowest at US $ 486.3 million and that of reached the highest of US$559.2 million in 2014. After decreasing continuously from 2014 to 2017, the import value of surimi into this market increased continuously from 2017 to now.
Norway is the largest surimi supplier to Japan, accounting for 19.8% of the total import value of this item into Japan. Followed by three major suppliers (India, Thailand and China), accounting for 15.8%, 14.8% and 9.2% of market share, respectively. Vietnam is the fifth largest supplier, accounting for 8.5%.
In the first 7 months of this year, imports of surimi into Japan reached US$334.3 million, up 11.5% over the same period in 2018. Among the top 5 main suppliers, imports from Norway and Vietnam grew by 2 digits while imports from Thailand, India, China increased slightly.
The average import price of surimi into Japan was US $ 3.8/kg in June 2019, higher than the previous two years due to high demand from the US and the EU. Japanese surimi processors are facing difficulties due to rising import prices, escalating logistics and labor costs. It is expected that in the last months of this year, surimi demand of Japan will continue to increase.
Japan was the fourth largest surimi importer of Vietnam, accounting for 11.8% of Vietnam's total export value of Vietnamese surimi to markets. In the first 7 months of 2019, Vietnamese surimi exports to Japan were not stable, the export value of this item to Japan slid in February, June and July while sharply increasing in January, Marh, April and May.
In July 2019, Vietnamese surimi exports to Japan reached US$ 1.9 million, down 44.8%. In the first 7 months of this year, the export value reached US$ 21.6 million, up 5.5% over the same period in 2018.
As of July 2019, Vietnamese surimi exports to Japan were not stable due to the high input costs for domestic production. Therefore, the export price of Vietnamese surimi products was still higher than the similar products of other competitors in Japanese market such as China, Thailand ...
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
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