In 2022, Spain is the second largest tuna import market of Vietnam in the EU bloc, accounting for 2% of total export turnover, reaching nearly 22 million USD, up 9% compared to 2021. After the instability in the middle of the year, from the fourth quarter of 2022, Vietnam's tuna exports to this market have grown continuously.
In 2022, Vietnamese enterprises exported a variety of products from fresh and frozen fish to processed tuna products to this market. Entering 2023, Spain only imports frozen tuna meat/loin products from Vietnam.
Due to the impact of fishing bans with FADs in fishing grounds, catches of the EU fleet has reduced, Spanish canned goods manufacturers have to increase imports of tuna
Due to the impact of fishing bans with Fish aggregating devices (FADs) in fishing grounds, catches of the EU fleet has reduced, Spanish canned goods manufacturers have to increase imports of tuna from external sources, including Vietnam. Besides, in the first months of the year, Spanish importers tend to increase their stocks of duty-free tuna loins from sources with preferential tariffs under FTAs like Vietnam.
In the frozen tuna meat/loin market segment, Vietnam is the 5th largest supplier of frozen tuna meat/loin outside the EU for the Spanish market, accounting for 3.8% of the total import value of this product group. Vietnam's tuna meat/loin products in 2022 will be more competitive than other suppliers such as Ecuador, Mexico.
Higher food and energy costs is expected to curb demand for seafood, including tuna
Currently, higher food and energy costs are pushing up consumer prices in Spain in the first months of 2023. This is expected to curb demand for seafood, including tuna, in Spain. The price of tuna on the world market tends to increase higher and higher, so importers try to limit transactions. However, the demand for tuna consumption in European countries often increases in the summer months, so importers will increase imports of tuna loin during this time to take advantage of tariff preferences.
|
TOP 7 VIETNAMESE TUNA EXPORTING ENTERPRISES TO SPANISH IN 2022 |
||
|
No |
Enterprises |
Proportion(%) |
|
1 |
BIDIFISCO |
45 |
|
2 |
TUNA VIETNAM CO.,LTD |
27 |
|
3 |
NHA TRANG BAY JSC |
11 |
|
4 |
HAVUCO |
5 |
|
5 |
AN HAI FISHERY LIMITED COMPANY |
2 |
|
6 |
PHUC NGUYEN SEAFOOD Co.,Ltd |
2 |
|
7 |
DRAGON WAVES |
2 |
Compiled by Thuy Linh
Competent ministries, sectors and localities should continue efforts to lift the European Commission’s “yellow card” against the Vietnamese seafood products for illegal, unreported and unregulated (IUU) fishing, as an inspection team of the commission will visit Vietnam soon, Minister of Agriculture and Rural Development Le Minh Hoan.
(seafood.vasep.com.vn) According to data from Vietnam Customs, in March 2024, Vietnamese pangasius export turnover to markets reached 156 million USD, down 14% over the same period. Vietnam pangasius export value in QI/2024 reached 411 million USD, down 3% compared to QI/2023.
(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.
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
