OTHER MARINE PRODUCTS

Export surimi with many challenges
09:00 09/13/2024

(seafood.vasep.com.vn) mollusk shell exports are being boosted by the growing demand for bivalves as a whole food source.

(seafood.vasep.com.vn) The world's demand trends for aquaculture in recent years and in the coming years, opportunities and challenges related to broodstock, diseases, aquaculture feed… stories of a leading Vietnamese and world-famous animal feed manufacturer about creating sustainable impacts on the aquaculture value chain...

(seafood.vasep.com.vn) South Korea remains the largest consumer of Vietnam's cephalopod, accounting for over 40% of the total export value. In the first six months of this year, cephalopod exports to this market reached 114 million USD, a 13% increase compared to the same period last year. In the second quarter of 2024, cephalopod exports to South Korea reached 58 million USD, up 13% year-on-year.

(seafood.vasep.com.vn) According to Vietnam Customs data, Vietnam’s crab exports have been growing steadily since the beginning of 2024. Just in June 2024 alone, the import value increased by 71% compared to the same period in 2023, reaching $28 million. In the first 6 months of 2024, the cumulative export turnover reached $125 million, up 75%.

(seafood.vasep.com.vn) After a breakthrough growth in 2023, Vietnam's oyster exports continued to increase in the first five months of 2024. In May 2024, the export value of this product group increased by 52%. Cumulatively, in the first five months of 2024, Vietnam's oyster export value reached nearly 7 million USD, up 31% compared to the same period in 2023.

(seafood.vasep.com.vn)In Ben Tre, the annual output of MSC-certified clams averages 7,500–8,000 tons, with an estimated value of about 200–250 billion VND, creating jobs for thousands of workers.

(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam exports of surimi and fish cake continued to decline in May 2024. The export value in this month reached only over 23 million USD, down 25% compared to the same period in 2023. In the first five months of 2024, Vietnam's exports of surimi and fish cake reached over 106 million USD, down 15%.

(seafood.vasep.com.vn) Following a continuous decline in 2023 and the first quarter of 2024, Vietnam's clam exports to the European Union (EU) exhibited an upward trend in the second quarter of 2024. However, the overall export value remained lower compared to the same period in 2022.

(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's crab exports have grown continuously since the beginning of 2024. In May 2024 alone, the export value increased by 62% compared to the same period in 2023, reaching 22 million USD. Cumulatively, in the first five months of the year, export turnover reached more than 97 million USD, an increase of 76%.

(seafood.vasep.com.vn) According to data from Vietnam Customs, in the first half of May 2024, Vietnam's pangasius exports to Colombia reached nearly USD 1.6 million, up 140% compared to the same period last year. As of May 15, 2024, cumulative pangasius exports to this market reached USD 16 million, up 34% compared to the same period in 2023.

(seafood.vasep.com.vn) Vietnam's fish cake and surimi exports are still weak in Q2/2024. Fish cake and surimi exports decreased 11% in April compared to the same month the previous year, according to data from Vietnam Customs. Exports of this product totaled approximately $83 million in the first four months of this year, which is 12% less than the same time previous year.

(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's crab export value in March 2024 reached more than 18 million USD, an increase of 66% over the same period last year. Cumulatively, in the first 3 months of the year, export turnover reached more than 52 million USD, up 75% over the same period.

(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.

(seafood.vasep.com.vn) Vietnam's cephalopod exports in the first month of this year reached 62 million USD, up 45% over the same period last year. Except for the same time last year, which fell during the Lunar New Year, the growth in cephalopod exports in the first month of this year is also a good signal to start the export of the whole year.

(seafood.vasep.com.vn) China and Hong Kong were Vietnam's third-largest cephalopod import markets in 2023, accounting for 10%. Vietnam's cephalopod exports to China and Hong Kong in 2023 reached 77 million USD, down 6% over the same period.


SPECIALIST ON MARINE FISH MARKET

Ms Van Ha

Email: vanha@vasep.com.vn

Tel: +84 24 37715055 (ext. 216)

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