In the months of 2017, Vietnam’s cephalopod exports to Italy continued to witness the double digit growth. The figure in 2017 estimated at US$57.7 million, up 35% over 2016.
Of that, exports of fresh/live/frozen cephalopod (HS code 03) accounted for the highest proportion.
In Vietnam's cephalopod export structure to Italy; squid sales accounted for the large proportion of 86% and the rest was octopus. Of the squid products, Italy preferred fresh/live/frozen squid (HS code 03).
In 2017, in total of cephalopod products exported to Italy, shipments of processed octopus (HS code 16) decreased by 7.6%. Meanwhile, those of the remaining products registered the two-digit growth, of which the export value of other processed squid (HS code 16) increased sharply by 60.7%; those of dried/salted/live/fresh/frozen octopus (HS code 03) and fresh/live/frozen squid (HS code 03) rose by 59% and 32% respectively over 2016.
According to the International Trade Center (ITC) statistics, Italy's cephalopod imports in the first three quarters of 2017 reached only 13,354 MT, valued at nearly US$80 million, down 88.7% in volume and 88.2% in value over the same period in 2016.
Spain, France and Portugal were the three largest suppliers of cephalopod to the market in the first three quarters of 2017.
In the first three quarters of 2017, out of total cephalopod imports into Italy, imports of frozen/dried/salted squid (HS code 030749) and frozen/dried/salted octopus (HS code 030759) were down 90% and 96% respectively over the same period of 2016.
According to ITC, the average import price of cephalopod into Italy in QIII/2017 tended to increase over the first two quarters and the same period in 2016. The price in QIII/2017 quoted at US$6.3/kg compared with US$6/kg in QIII/2016.
Cephalopod imports into Italy by products (Source: ITC) |
|||||||
HS |
Products |
Volume (MT) |
Value (Thousand US$) |
||||
QI-QIII/2016 |
QI-QIII/2017 |
Variation (%) |
QI-QIII/2016 |
QI-QIII/2017 |
Variation (%) |
||
Total |
118,556 |
13,354 |
-88.7 |
677,504 |
79,609 |
-88.2 |
|
030749 |
Frozen/dried/salted squid |
63,014 |
6,510 |
-89.7 |
358,275 |
35,519 |
-90.1 |
160554 |
Processed squid |
3,047 |
1,992 |
-34.6 |
10,569 |
8,202 |
-22.4 |
030751 |
Fresh/live/chilled octopus |
3,098 |
2,483 |
-19.9 |
20,441 |
18,856 |
-7.8 |
030759 |
Frozen/dried/salted octopus |
40,710 |
1,609 |
-96.0 |
230,836 |
9,785 |
-95.8 |
160555 |
Processed octopus |
992 |
760 |
-23.4 |
7,621 |
7,247 |
-4.9 |
030741 |
Fresh/live/chilled squid |
7,695 |
- |
-100.0 |
7,695 |
- |
-100.0 |
Cephalopod imports into Italy by market (Source: ITC) |
|||
Suppliers |
QI-QIII/2016 |
QI-QIII/2017 |
Variation (%) |
World |
677,504 |
79,609 |
-88.2 |
Spain |
172,750 |
45,337 |
-73.8 |
France |
31,860 |
7,667 |
-75.9 |
Portugal |
10,390 |
3,515 |
-66.2 |
Thailand |
66,032 |
2,333 |
-96.5 |
Ireland |
805 |
783 |
-2.7 |
Indonesia |
30,293 |
3,026 |
-90.0 |
Netherlands |
7,513 |
1,591 |
-78.8 |
Albania |
3,099 |
1,430 |
-53.9 |
UK |
9,041 |
1,999 |
-77.9 |
Vietnam |
17,548 |
1,281 |
-92.7 |
(vasep.com.vn) Through the first quarter of the year, in a context where the shrimp industry still faced many risks, shrimp exporting enterprises still showed efforts and determination in production and business.
(seafood.vasep.com.vn) In the first quarter of this year, Vietnam's shrimp exports reached over 686 million USD, an increase of 14% over the same period in 2023.
Having identified its weakness in 2023, entering the first quarter of 2024, Vietnam's shrimp industry has undergone a clear change, reflected through increases in exports to major markets.
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices.
(seafood.vasep.com.vn) After increasing to the highest level in 2022, Canada's tuna imports in 2023 dropped to the lowest level in the past 10 years, reaching 35 thousand tons, down 24% over the year. Canada is currently one of the 15 largest tuna import markets in the world.
(seafood.vasep.com.vn) Chile, one of the countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has tended to increase tuna imports from Vietnam in the past 3 years. According to statistics from Vietnam Customs, this South American country imported nearly 3 million USD of tuna products from Vietnam in the first 2 months of 2024, an increase of 58% over the same period in 2023.
Economic and social development activities, overexploitation, pollution, diseases, and climate change have adversely affected the ecological environment, leading to a severe decline or the extinction of many precious indigenous aquatic species.
(seafood.vasep.com.vn) The prices of pangasius fingerlings and raw pangasius in ponds fell in March, following steady increases in the first two months of this year.
(seafood.vasep.com.vn) In February 2024, the average export price of Vietnamese pangasius to markets increased by 4%, although the volume decreased by 40% compared to the previous month.
(seafood.vasep.com.vn) There was a 6% decline in Vietnam's pangasius exports to Brazil in February 2024 compared to the same period in 2023, with the total value reaching 6 million USD.
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