Vietnamese pangasius exports are overflowing into markets

News 09:08 22/04/2022 Minh Trang
(seafood.vasep.com.vn) The total export value of Vietnam pangasius in the first quarter of 2022 increased by nearly 90% compared to the same period last year. In most major import markets, pangasius export value is growing positively by two to three digits.

According to the report by Dong Thap Department of Agriculture and Rural Development - the province with the largest pangasius farming and harvesting output in the country, in mid-April 2022, the price of raw pangasius is from 31,000 to 32,500 VND/kg (an increase of 1,000 VND/kg compared to the previous week), the average cost to produce 1kg of raw fish is about 24,500 VND/kg. At this price, farmers have high profits. Pangasius prices increased, world demand for pangasius was positive, abundant orders pulled the average export price of frozen pangasius fillets to 3.4 USD/kg, up 0.25 USD/kg compared to the previous year.

It can be said that the outlook for Vietnam's pangasius exports in the first quarter of this year and the following quarters is optimistic.

In the first quarter of this year, facing difficulties due to China's zero Covid policy, many pangasius shipments were risky to be returned if infected with the coronavirus. These days the export value of pangasius to China - Hong Kong has increased again. The forecast is even more optimistic for the next quarter onwards. By the end of March 2022, the total export value of pangasius to this market reached 183.4 million USD, up more than 163% over the same period last year. In March alone, the export value of pangasius to China - Hong Kong reached 97.5 million USD, up 119%.

Pangasius exports to the US market also grew well. After the anti-dumping tax POR17 was eventually announced, pangasius enterprises that are not subject to tax are promoting exports to this market. By the end of March 2022, the total value of pangasius exports to the US reached more than 160 million USD, up 123%. Currently, record inflation is taking place in the US due to broken supply chains and the impact of the Ukraine crisis, skyrocketing prices, and demand for essential necessities, including food and seafood. The near future is a good opportunity for enterprises to export frozen pangasius to this market.

Not only in the US, but the food crisis is also taking place in Europe, where prices have skyrocketed due to congested supply chains, soaring demand, and the severely affected global energy market which is the result of the Russia-Ukraine conflict. For the first time after many years of decline, pangasius exports to the EU increased by 86.2% compared to the first quarter of 2021 with an export value of USD 46.7 million. Pangasius export value to major markets in the bloc such as the Netherlands increased by 86%; Germany increased by 97%; Belgium increased by 120%; Spain increased 67%.

It is forecasted that in the second quarter of 2022, pangasius exports to major markets will retain a fair positive growth. Consumption demand increases and is stable due to competitive pangasius prices and can fill the gap in some segments of white fish products (cod, pollock), which are in short supply from Russia.

Due to the good and promising export market, the stock prices of some Vietnamese pangasius exporters have been green in recent years. While many sectors constituting the VN-Index are suffering from fluctuating stock prices, stock prices of the seafood group are still attractive. In which, a number of stock codes in the seafood industry still rebounded and were attractive such as VHC, ANV, ABT, IDI, ACL...

Compiled by Minh Trang

Image source: Vietnamnews  

Bạn đang đọc bài viết Vietnamese pangasius exports are overflowing into markets tại chuyên mục News của Hiệp hội VASEP
pangasius export

TIN MỚI CẬP NHẬT

Vietnam’s seafood 2025: Surging past headwinds and the the strategic pivot of market leaders

 |  09:05 27/01/2026

(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.

Vietnam’s fisheries sector targets output of over 10 million tons in 2026

 |  09:42 23/01/2026

(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.

Sao Ta Achieves hits 2025 profit targets

 |  09:08 21/01/2026

(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.

10 strategic highlights of Vietnam’s fisheries industry in 2025

 |  07:45 19/01/2026

(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.

Vinh Long reaches 7,500 hectares of high-tech shrimp farming

 |  08:58 15/01/2026

(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.

Nghe An targets 270,000 tons of fisheries products by 2026

 |  08:46 13/01/2026

(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.

Can Tho’s fisheries sector records 6.26% growth in 2025

 |  08:38 09/01/2026

(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.

Ca Mau completes all assigned tasks in fight against IUU fishing

 |  08:51 07/01/2026

(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.

Ca Mau: Shrimp Production Reaches Nearly 600,000 Tons, Exceeding 2025 Target

 |  08:44 05/01/2026

(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.

Shrimp exports over 11 months: Consolidating markets and maintaining growth momentum amidst trade pressures

 |  08:50 30/12/2025

(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.

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

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC