The EU remained as the third largest importer of Vietnam cephalopod, accounting for 18.3% in Vietnam's cephalopod shipments to markets. Italy, France and Spain continued to be top biggest importing markets of Vietnam in the EU. Sales to these 3 markets recorded the good growth.
Supplies increased thanks to a rise in production and import volume, along with the flexibility of exporters in adjusting product structure and markets, besides, high demand for cephalopod items for festivals in the end of the year in the EU also facilitated Vietnam’s cephalopod exports to the market in the period.
Italy stayed as the largest buyer of Vietnam cephalopod in the EU; taking up 56.6% in Vietnam’s total export value of cephalopod to the EU. In Jan-Aug 2017, exports to the market reached US$41.6 million; up 85% year on year. France ranked the second. Exports to this market as of August 2017 recorded the highest growth of 230% with the value of US$6.6 million. Exports to Spain reached US$5.5 million; an increase of 55% over the first 8 months of 2016.
According to the International Trade Centre (ITC), in the first half of this year, cephalopod imports into Italy hit US$54.7 million; down 88% over the same period last year. Spain, France, Thailand were the three largest suppliers to Italy and Vietnam was the 9th largest one. Cephalopod imports from these suppliers all decreased in the period.
Recently, France increased imports of fresh/chilled and processed octopus, and reduced those of other products such as frozen cephalopod. In particular, imports of processed squid (HS code 16) accounted for the largest proportion of 64% in total import volume, down 16% over the same period in 2016; followed by those of frozen/dried/salted cuttlefish (HS code 030749) with 26% , down by 69%; and those of octopus products with 0.1%, down 62%.
Spain, Italy, Peru, Germany and Vietnam were top 5 largest suppliers of cephalopod to the market in the first half of 2017. This year, cephalopod imports into France stayed low due to a 38% fall in supplies from Spain. Meanwhile, the market increased imports from Italy, Peru, Germany, Vietnam and Malaysia, but that could not offset the decline in supplies from Spain.
In the first 7 months of 2017, cephalopod imports into the EU reached US$204.9 million; down 86.8% over the same period in 2016. Spain held as the largest supplier to the EU and Vietnam became the fifth largest cephalopod exporter to the bloc.
Untill the end of the year, Vietnam’s cephalopod exports expected to continue the possitive growth.
Cephalopod imports into the EU by markets (Thousand US$, Source: ITC) |
|||
Suppliers |
Jan-Jul 2016 |
Jan-Jul 2017 |
Variation (%) |
World |
1,556,807 |
204,907 |
-86.8 |
Spain |
283,091 |
90,032 |
-68.2 |
Italy |
29,192 |
13,535 |
-53.6 |
Netherlands |
25,314 |
7,228 |
-71.4 |
Germany |
10,114 |
5,771 |
-42.9 |
Malaysia |
3,162 |
1,590 |
-49.7 |
Greece |
7,687 |
1,869 |
-75.7 |
India |
106,504 |
6,751 |
-93.7 |
Vietnam |
22,541 |
7,385 |
-67.2 |
Denmark |
5,361 |
1,921 |
-64.2 |
UK |
14,032 |
3,465 |
-75.3 |
Peru |
20,829 |
6,994 |
-66.4 |
Belgium |
7,593 |
1,993 |
-73.8 |
Portugal |
46,420 |
12,757 |
-72.5 |
Argentina |
917 |
251 |
-72.6 |
Latvia |
504 |
337 |
-33.1 |
France |
55,485 |
12,464 |
-77.5 |
Madagascar |
1,948 |
497 |
-74.5 |
US |
29,823 |
1,796 |
-94.0 |
China |
69,587 |
6,244 |
-91.0 |
South Africa |
38,347 |
2,076 |
-94.6 |
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