Of that, imports of frozen cuttlefish and squid products accounted for 60-66% of the total import volume, those of frozen octopus made up 20%, and those of processed cephalopod picked up 20-24%.
Vietnam held as the 12th largest supplier of cephalopod to the Canadian market, accounting for 2.2%; behind China, Morocco and the U.S.
In 2017, Canada imported 3,084 MT of cephalopod, worth by US$23.4 million; decreasing by 79% in volume and 70% in value.
The average import price of cephalopod into Canada in 2017 quoted at US$7.5/kg. That from Vietnam was US$11.7 / kg.
Though cephalopod exports to Canada took a small share of 0.5% in total cephalopod sales of Vietnam, exports to the market are on the upward trend and Canada is projected to be a potential importing market of Vietnam in the coming time.
In 2017, Vietnam’s cephalopod exports to Canada reached US$1.9 million, up 63.6% over 2016. In January 2018, the figure was US$0.3 million, up 260.5% over the same period in 2017.
Vietnam’s exports of frozen squid accounted for the main share of 77% in the export value of cephalopod products to the Canadian market; followed by frozen octopus with 16% and processed cephalopod with 7%.
Cephalopod imports into Canada in 2017 (Source: ITC) |
|||||||
Suppliers |
Volume (MT) |
Value (Thousand US$) |
Average import price (US$/kg) |
||||
2016 |
2017 |
Variation (%) |
2016
|
2017
|
Variation (%) |
||
World |
14,610 |
3,084 |
-78.9 |
79,006 |
23,421 |
-70.4 |
7.6 |
China |
6,839 |
1,096 |
-84.0 |
33,064 |
6,449 |
-80.5 |
5.9 |
U.S |
687 |
346 |
-49.6 |
3,924 |
2,191 |
-44.2 |
6.3
|
Morocco |
581 |
243 |
-58.2 |
5,047 |
2,424 |
-52.0 |
10 |
Spain |
74 |
206 |
178.4 |
666 |
2,087 |
213.4 |
10.1 |
Thailand |
1,997 |
202 |
-89.9 |
12,818 |
1,837 |
-85.7 |
9.1 |
Japan |
328 |
187 |
-43.0 |
2,279 |
1,714 |
-24.8 |
9.2
|
Malaysia |
69 |
113 |
63.8 |
384 |
701 |
82.6 |
6.2
|
Indonesia |
186 |
104 |
-44.1 |
1,317 |
1,186 |
-9.9 |
11.4
|
India |
522 |
98 |
-81.2 |
2,662 |
658 |
-75.3 |
6.7
|
Taipei, China |
1,930 |
93 |
-95.2 |
9,074 |
814 |
-91.0 |
8.8
|
With Tet (Lunar New Year) approaching, fishermen along Vietnam's central coast are capitalizing on favourable weather conditions to intensify their fishing efforts, meeting the burgeoning demand for seafood across the nation.
(seafood.vasep.com.vn) Shrimp exports in 2024 reached nearly USD 4 billion, a 14% increase compared to 2023. Reflecting on 2024, the shrimp industry demonstrated resilience and persistent effort in overcoming challenges, solidifying its strong position in exports.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (ticker symbol FMC - HoSE), one of Vietnam's largest shrimp exporters, recently announced its 2024 business results.
(seafood.vasep.com.vn) The United States remains one of the largest importers and consumers of Vietnamese pangasius, primarily in the form of frozen fillets. However, in recent years, the country has significantly increased its imports of value-added pangasius products.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
(seafood.vasep.com.vn) With a market share exceeding 10% in Vietnam's aquafeed sector, Sao Mai Super Feed has affirmed its position as one of the leading brands, making a significant contribution to the development of the pangasius industry and elevating Vietnamese pangasius products on the international stage.
Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Hoai Nam said that in the past 5-6 years, Vietnam's seafood export value has only hovered around 8-10 billion USD/year. To reach the value of 16 billion USD by 2030, Mr. Nam proposed establishing corporations/enterprises to exploit the sea.
(seafood.vasep.com.vn) Vinh Hoan Seafood (stock code VHC) announced that its export turnover to three key markets— the U.S., EU, and China—grew between 32% and 40% in November 2024 compared to the same period in 2023.
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