Pangasius

(seafood.vasep.com.vn) The average price of Vietnamese pangasius exports to the Chinese market decreased by 10% over the same period last year, from $2.42/kg in 2022 to $2.19/kg. The two main product lines exported to China are frozen pangasius fillets and cuts (HS code 0304) accounting for 68% of the value with more than 91 million USD, down 32% over the same period last year and fresh pangasius/ frozen/dried whole, cut into pieces (except fish under code 0304) accounted for 32% with nearly 42 million USD, up 7% over the same period in 2022.

(seafood.vasep.com.vn) According to statistics of Vietnam Customs, in the first quarter of 2023, Vietnam's pangasius exports to China and Hong Kong markets decreased by 22% to nearly 143 million USD. In which, pangasius exports to China reached 133 million USD, down 23% over the same period last year. Despite the decline, China still ranks first in the top markets for importing Vietnamese pangasius.

(seafood.vasep.com.vn) In the first quarter of 2023, Vietnam’s pangasius exports brought in $422 million, a decrease of 35% over the same period last year. Global food inflation along with high inventories has caused a fall in demand and import prices, which has negatively affected export sales of Vietnamese pangasius in many major markets.

(vasep.com.vn) In the first quarter of this year, Vietnam's pangasius exports brought in $422 million, down 35% over the same period last year. Global food inflation, coupled with a large inventory, caused demand and import prices to decrease, which had a negative impact on export sales of Vietnamese pangasius in many major markets.

(seafood.vasep.com.vn) In the ASEAN market, Singapore is standing out thanks to the strong growth in imports of Vietnamese pangasius in the first 3 months of this year, despite the context of inflation and reduced imports in the world market. Singapore is considered as the bright spot of Vietnam pangasius exports in 2023

(seafood.vasep.com.vn) The recovery of China's economy will contribute to the growth of Nam Viet JSC's pangasius export output in 2023, offsetting the decline from other export markets of the enterprise.

(seafood.vasep.com.vn) In the first two months of 2023, Russia is among many markets with negative growth in imports of Vietnamese pangasius, due to the impact of inflation and a decrease in demand.

(seafood.vasep.com.vn) Vietnam’s seafood exports in February 2023 reached 610 million USD. Pangasius contributed nearly 26% with a value of 156 million USD. Compared to the same period, although pangasius exports are still 9% lower, but in the context of inflation that reduces demand and lowers import prices, the sales of February is also a positive sign.

(seafood.vasep.com.vn) In the first two months of 2023, Germany was among the few markets that recorded positive growth in imports of Vietnamese pangasius. While pangasius exports to the top 10 markets all decreased by 8% - 60% over the same period, Germany - the 9th ranked market still maintained a growth rate of 81%.

(seafood.vasep.com.vn) Vietcombank Securities Company has just launched an investment strategy for ANV shares of NAVICO with a target price of 35,500 (+9.25%) Fibonacci.

(seafood.vasep.com.vn) Vietnam Association of Seafood Exporters and Producers (VASEP) forecasts that seafood exports will gradually increase in March and April. In February, VHC's revenue to the European market increased by 116% to VND 194 billion.

(seafood. vasep.com.vn) In January 2023, the volume of pangasius exported to Brazil reached 1,194 tons, the lowest level since May 2022. The average price of Vietnamese pangasius exports to Brazil in January reached 3.06 USD/kg, up 3% compared to 2.98 USD/kg in the same period last year. Compared with the same period, the volume of pangasius exported to Brazil decreased by 79%.

(seafood.vasep.com.vn) Pangasius is one of the strategic farming species in the Mekong Delta region, in which An Giang is a locality with many advantages. Therefore, along with developing aquaculture, An Giang province has also invested in concentrated farming areas and specialized farming areas for breeding pangasius to restructure this potential industry.

(seafood.vasep.com.vn) The UK is among the very few markets that recorded positive growth in seafood imports from Vietnam in the first 2 months of 2023. While exports to the top 10 largest markets all decreased by 18 - 50% over the same period, only the UK - the 6th largest market, still maintained an increase of 22%.

(seafood.vasep.com.vn) Vinh Hoan JSC approved the plan to buy land to fund aquaculture in An Giang province.


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