However, cephalopod imports into the market this year were low. According to ITC statistics, France’s cephalopod imports in the first five months of this year totaled 5.9 thousand MT, worth by US$23.4 million, down 54% in volume and 52% in value.
Recently, France increased imports of fresh/chilled and processed octopus, and reduced those of other products such as frozen octopus and squid items. Of that, in Jan-Apr 2017, imports of processed squid (HS code 16) represented the largest proportion of 64% in total import volume, down 16% over the same period in 2016; followed by frozen/dried/salted cuttlefish (HS code 030749) with the share of 26%, down 69% from a year before; imports of octopus products accounted for 0.1%, down 62% year on year.
Spain, Italy, Peru, Germany and Vietnam were top 5 largest suppliers of cephalopod in the first 4 months of 2017. This year, total cephalopod imports into France were low due a drop in Spain’s supplies. With the proportion of over 79% in total cephalopod import volume into France in the first four months of this year, a 38 percent dip in supplies from Spain has reduced France's imports. In the period, France increased imports from Italy, Peru, Germany, Vietnam and Malaysia; however that could not offset the decline in supplies from Spain.
Besides, in early this year, the world's cephalopod production has been low, which pushed up prices and limited supplies to the French market.
According to ITC, the average import price of cephalopod into France in the first 5 months of this year posted the upward trend. The price increased from US$3.37/kg to US$4.15/kg in the period. Out of top 5 biggest exporters, the average price from Spain showed lowest level of US$2.76-3.39 per kg. That from Peru ranged from US$3.72 to US$4.06 per kg. Meanwhile, the average import price of Vietnam’s cephalopod products into the market was on the upward trend, fluctuating at US$ 3.85 – US$8.39 per kg.
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.com.vn) In the first two months of 2024, Poland—which ranks as Vietnam's fourth-largest EU supplier of tuna—became a noteworthy market. Vietnam's tuna exports value to Poland increased by 786% in comparison to the same period last year, totaling over $2 million USD and contributing about 2% of the country's overall tuna exports revenue.
Regulations on the protection and sustainable development of aquatic resources, Việt Nam's legitimate rights at sea in accordance with international law and the achievements that the country has carved out to remove the European Union’s “yellow card” will be brought closer to local people.
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