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 |
(vasep.com.vn) According to data from the Department of Fisheries, as of March 20, 2024, the shrimp farming area reached about 348,670 hectares, including 334,799 hectares of black tiger prawn farming area and 13,871 hectares of white leg shrimp farming area.
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
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