Vietnamese bivalve mollusk exports to the EU rose

News 16:16 24/02/2020
(seafood.vasep.com.vn) The EU accounted for 66% of Vietnam's total export value of bivalve mollusk to markets. Portugal, Spain and Italia were the three main importers of Vietnamese bivalve mollusk representing for 80% export value to the EU. In the third quarter, exports to these three markets increased sharply by 68%, 13% and 45%. Therefore, exports to the EU grew by 35% in the third quarter and 8.6% in the first 9 months.

Clam products accounted for 35% of Vietnamese bivalve mollusk value export to the EU market. Currently, there are nearly 90 Vietnamese companies exporting bivalve mollusk to markets. Particularly in the Italian market, there were 20 enterprises participating in exports, of which Ben Tre Seafood Joint Stock Company and Minh Dang Seafood Ltd were the leading companies in clam exports to this market, while other companies mainly exported scallops and other mollusks.

White clams/steamed, boiled brown clam/frozen clam meat...exported mainly to EU markets (Portugal, Spain and Italy).

Prices of frozen boiled brown clams exported to Portugal and Spain in the first 9 months ranged from US$1.6 to US$1.75/kg and from US$1.45 - US$1.85/kg respectively, while boiled white clam products cost from US$1.2 to US$1.55/kg; scallops exports to Denmark had the prices of about US$11/kg ...

In the first nine months of 2019, imports of bivalve mollusk into the EU reached over US$573 million, down 24% over the same period in 2018. Spain was the largest importer of this item in the EU, accounting for 30% of the total import value of the EU. Followed by France, accounting for 25.5%, Germany ranked third with 5%.

The average import price of bivalve mollusk products into the largest importers in the bloc (Spain, France, Portugal) reached US$3.5/kg; US$2.7/kg and US$1.8/kg.

The Netherlands was the largest supplier of bivalve mollusk for the EU, accounting for 16.8% of total import value of this item into the EU.

Chile and France rank second and third, accounting for 15% and 10.5% respectively. Vietnam ranked seventh in supplying bivalve mollusk product to the EU, accounting for 5.8%.

According to ITC, the average export price of bivalve mollusk from some major suppliers (Chile, the Netherlands, France and Vietnam) for the EU was US$2.9/kg; US$4.1/ kg; US$6.5/kg and US$1.8/kg.

The main products of bivalve mollusk imports into the EU include processed mussels (HS 160553); live/fresh/chilled mussel (HS 030731); live/fresh/chilled clams, cockle (HS 030771); live/fresh / chilled scallop (HS 030721)…

The EU is increasingly in high demand for mussel, scallop and clam products while reducing demand for oysters. The price of all these species has increased, resulting in decreasing imports of these products into the EU.

Clam prices in southern Europe remained high as demand is outstripping supply. By the end of the year, this market will have price stabilization, so trading activities of this item will start to slow down.

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