That’s down from 15.8 pounds in 2010 and the second lowest amount in a decade. However, Americans consumed 4.7 billion pounds of seafood, making the United States second only to China in total seafood consumption.
American consumers also continue to spend more on seafood, an estimated USD 85.9 billion for fishery products in 2011, up from USD 80.2 billion in 2010 and USD 75.5 billion in 2009. Last year, Americans spent USD 57.7 billion at foodservice establishments (up from 54 billion in 2010), USD 27.6 billion at retail (up from USD 25.8 billion in 2010) and USD 625 million (up from USD 432 million) on industrial fish products.
U.S. imports of fishery products in 2011 accounted for 91 percent of seafood consumed and were valued at USD 16.6 billion, down from USD 14.8 billion in 2010. In terms of volume, imports reached 5.3 billion pounds, 108 million pounds more than in 2010.
The quantity of shrimp imported in 2011 was 1.3 billion pounds, 36.4 million pounds more than in 2010. Valued at USD 5.2 billion, shrimp imports accounted for 31 percent of the total value of seafood imports. Imports of fresh and frozen salmon were 504.5 million pounds valued at USD 1.9 billion in 2011. Imports of fresh and frozen tuna were 303.1 million pounds, 123.2 million pounds less than the 426.3 million pounds imported in 2010.
U.S. seafood landings reached a 17-year high in 2011 at 10.1 billion pounds of fish and shellfish. Dutch Harbor-Unalaska, Alaska, was the nation’s No. 1 fishing port in terms of volume for the 15th consecutive year, while New Bedford, Mass., was the No. 1 fishing port in terms of value for the 12th straight year.
Exports of U.S. fishery products were 3.3 billion pounds valued at USD 5.4 billion, an increase of 530.4 million pounds and USD 1.1 billion compared to 2010. Fresh and frozen exports were 2.9 billion pounds valued at USD 4.6 billion, up 491.9 million pounds and an increase of USD 871 million compared to the previous year.
Salmon was the U.S.’s top export at 368.1 million pounds valued at USD 621.6 million with surimi and lobster rounding out the top three at 322.1 million pounds valued at USD 344.4 million and 92.1 million pounds valued at USD 520 million, respectively.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
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