Vietnam - the 3rd leading cephalopod supplier to Australia

News 09:38 18/08/2017
(seafood.vasep.com.vn) This year, Australia increased imports of processed cephalopod (HS code 16), while reduced those of fresh/chilled/frozen items.

Currently, Australia imported cephalopod from 19 countries around the world. Of that, most of the suppliers were from Asian countries, accounting for 98% of the country's total import volume.

Vietnam stayed as the third largest supplier of cephalopod to this market in volume, behind China and Malaysia.

This year, the depreciation in the Australian dollar and a rise in the average import price of cephalopod into Australia led to the reduction in its imports. In the first three months of this year, the average import price of cephalopod into Australia was US$5.68 per kilogram, up from US$5.48 per kilogram in the same period last year.

CEPHALOPOD IMPORTS INTO AUSTRALIA BY MARKETS

Suppliers

Volume (MT)

Value (Thousand US$)

Jan-Mar 2016

Jan-Mar 2017

Variation (%)

Jan-Mar 2016

Jan-Mar 2017

Variation (%)

China

3,320,250

1,049,707

-68.4

11,993

5,537

-53.8

Malaysia

529,240

734,663

38.8

2,681

4,105

53.1

Thailand

458,138

117,376

-74.4

2,639

911

-65.5

Vietnam

213,109

63,358

-70.3

1,062

274

-74.2

New Zealand

194,323

44,940

-76.9

781

145

-81.4

Taiwan

256,699

35,623

-86.1

466

-60,4

466

Japan

28,812

20,305

-29.5

278

221

-20.5

South Korea

101,356

20,121

-80.1

397

172

-56.7

Indonesia

390,192

13,194

-96.6

2,115

78

-96.3

Myanmar

146,322

6,552

-95.5

611

54

-91.2

Others

170,221

7,457

-95.6

1,497

599

-60.0

Total

5,808,662

2,113,296

-63.6

24,520

12,036

-50.9

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