OTHER MARINE PRODUCTS

Eearning trillions of VND from shrimp heads and fish tails
09:01 11/07/2024

(seafood.vasep.com.vn) Vietnam’s fishery exports reached $7.16 billion in the first 9 months of this year, a year-on-year increase of 8.5%, the Vietnam Association of Seafood Exporters and Producers (VASEP) has reported.

(seafood.vasep.com.vn) In July 2024, Vietnam's fish cake and surimi exports declined. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the cumulative export of this product group reached 152 million USD, down 13%.

(seafood.vasep.com.vn)The red and yellow tilapia prices in An Giang have increased sharply, reaching a new record. Recently, traders in the provinces are purchasing red tilapia and tilapia at 50,000–51,000 VND/kg, the highest price ever. With this price, fish are exported to rafts, and farmers earn a 9,000–10,000 VND/kg profit.

(seafood.vasep.com.vn) With the goal of bringing exported seafood products to Vietnamese consumers, Vietfish 2024 organized by VASEP has, for the first time, focused on a dedicated area for showcasing seafood products for the domestic market. This event provides an opportunity for local consumers to access high-quality seafood products that meet international standards at reasonable prices, products that Vietnam is currently exporting to 170 countries.

(seafood.vasep.com.vn) The "Cooking Show - Tasting delicious seafood" area at Vietfish 2024 organized by VASEP has always been a favorite highlight for visitors, especially domestic consumers. This area is not only a place to showcase a variety of flavors and high-quality Vietnamese products that are renowned in the global market but also a venue where consumers can experience captivating and visually appealing culinary performances by professional chefs.

(seafood.vasep.com.vn) Ben Tre province's clam industry has achieved a significant milestone with the third MSC certification, highlighting its commitment to sustainable practices. This achievement comes at a time of growing global demand for seafood certified by the Marine Stewardship Council.

(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%.


SPECIALIST ON MARINE FISH MARKET

Ms Van Ha

Email: vanha@vasep.com.vn

Tel: +84 24 37715055 (ext. 216)

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