The most highlighed feature in shrimp export to
In 2011, whiteleg shrimp sales to
However, in 2012, the proportion of whiteleg shrimp amounted to 46.6 percent while black tiger shrimp fell to 45.5 percent.
In 2013, economy in eurozone is predicted to remain stagnant. Whiteleg shrimp will affirm its position in the market because German consumers prefer products with reasonable price. In January 2013, whiteleg shrimp exports to
The shift in the structure of exported shrimp will help
During 2006 – 2011,
In 2012, whiteleg shrimp exports from
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• German does not cultivate tropical shrimp and, therefore, in completely reliant on imports to satisfy its demand for tropical shrimp. • Between 2006 and 2011, the volume of shrimp imports (frozen and prepared) from developing countries increased by 87 percent: from 21,000 tonnes in 2006 to 38,500 tonnes in 2011. Imports from developing countries accounted for about 60 percent of total volume shrimp imports in • Between 2006 and 2011, German exports of prepared shrimp increased by 12 percent: from 15,300 tonnes in 2006 to 17,200 tonnes in 2011. Exports in 2007, 2008 and 2009 have been lower than 2006. In the period 2006 to 2008, exports declined on average by 16 percent per annum. Between 2009 and 2011, exports increased on average by 17.3 percent per annum. Prepared shrimp can include both tropical shrimp as well as domestically caught shrimp. • Re-export of frozen Penaeus shrimp more than doubled between 2006 and 2011: from 2,000 tonnes in 2006 to 5,100 tonnes in 2011, an average increase of 23 percent per annum. The • In 2011, about 97 percent of • On average, German shrimp production (Atlantic shrimp) and consumption remained relatively stable between 2006 and 2010 with slight fluctuations. Average shrimp consumption in • The largest distributors in the German retail market are discount stores, which have a 50 percent market share. The top three retailers, Aldi, Lidl and Penny (REWE), have a stranglehold on the fish and seafood sector (about 34 percent of the market share). (CBI Report on German Shrimp Market) |
(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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