(seafood.vasep.com.vn) According to SSI Securities Corporation (SSI), inflation in 2023 continues to be a challenge for Vietnam's seafood industry. In that context, the pangasius industry is expected to prosper when the largest export market, China, has reopened.

(seafood.vasep.com.vn) Vietcombank Securities (VCBS) believes that the US and China are attractive destinations for Vietnamese pangasius enterprises thanks to favorable factors such as reasonable prices in the context of inflation, 0% anti-dumping tax and the open market after COVID.

According to the Ministry of Agriculture and Rural Development, the price of raw pangasius and shrimp in the Mekong Delta provinces in December 2022 decreased slightly in the context of many difficulties.

(seafood.vasep.com.vn) Vietnam’s pangasius is increasingly being used by consumers in the world because of its convenience, neutral texture and taste, easy processing and affordable price that can fit every market segment. By 2022, Vietnamese pangasius has conquered more than 140 markets around the world, including markets with strict requirements on food safety and technical regulations such as the US, EU and markets that farmed fish used to be unpopular like Japan.

A pangasius festival organized by the People's Committee of Dong Thap Province in Hong Ngu Town last week attracted thousands of participants.

(seafood. vasep.com.vn)The export result of $2.3 billion by the end of November represents a successful year for Vietnamese pangasius enterprises. And the pangasius industry can be optimistic with a record of over $2.4 billion in 2022.

(seafood.vasep.com.vn) Vinh Hoan's 25-year journey has experienced many memorable milestones with impressive growth.

(seafood. vasep.com.vn) According to statistics of the US Department of Agriculture (USDA), in the first 10 months of 2022, imports of frozen pangasius fillets into the US market reached nearly 110 thousand tons, worth 474 million USD, up 24% in volume and 88% in value over the same period in 2021.

(seafood.vasep.com.vn) On December 10, 2022 at the celebration of seafood export reaching 10 billion USD in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) announced the list of 30 excellent enterprises in 2022, in which there are 10 pangasius export enterprises.

(seafood.vasep.com.vn) By the end of November 2022, pangasius exports to China & Hong Kong market reached a value of US$ 675 million, up 79% over the same period in 2021. After continuously growing high in the first 10 months of the year, pangasius exports to China suddenly plummeted in November with a decrease of 46%, reaching just over $37 million.

(seafood.vasep.com.vn) By the end of November 2022, with sales of nearly 290 million USD, the Middle East market has become a market with impressive growth, up 44% and accounting for nearly 3% of total Vietnam seafood exports.

(seafood.vasep.com.vn) In 2022, Vietnam pangasius was the most prosperous export sector thanks to the largest increase in average export prices and more market opportunities compared to other commodities. By the end of October, pangasius exports nationwide had reached more than 2.1 billion USD. Compared to the same period last year, pangasius exports increased by 77% - the highest growth rate in recent years and also the highest rate compared to other industries.

(seafood.vasep.com.vn) Although still up 31% over the same period, the export turnover of 179 million USD in October recorded the lowest level since the beginning of 2022. The export growth rate over the same period last year was also the lowest. By the end of October, Vietnam pangasius exports reached 2.1 billion USD, up 75% compared to the same in 2021.

(seafood.vasep.com.vn) According to customs statistics, Vietnam's pangasius exports as of October 15, 2022 reached more than 2 million USD, up 81% over the same period last year. It is estimated that by the end of October, pangasius exports will bring in over $2.1 billion. In particular, in October 2022 alone, pangasius exports were estimated at US$159 million, up 16%.

(seafood.vasep.com.vn) According to Customs statistics, by mid-October 2022, the country's pangasius exports reached 2.06 billion USD, an increase of 60% over the same period in 2022. By the end of October 2022, pangasius exports is forecast to earn nearly 2.2 billion USD in foreign currency, an increase of 80% compared to the same period in 2021. Of which, the Chinese market alone accounted for 30% with about 654 million USD, up 110%.