Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
   


Photo: VASEP/FIS

Seafood exports in November 2023 increased by 6%

Click on the flag for more information about Viet Nam VIET NAM
Tuesday, December 05, 2023, 07:00 (GMT + 9)

By the end of November 2023, Vietnam's seafood export turnover is estimated to reach 8.27 billion USD, down 19% over the same period last year. In November 2023 alone, exports increased by 6% compared to November 2022, reaching nearly 840 million USD.

Except for shellfish, whose turnover is still lower than the same period, exports of main products in November 2023 are all higher than the same period last year. Of which shrimp increased by 4%, tuna increased by 26%, pangasius increased by 12%, squid, octopus increased by 3%, other sea fish increased by 4%.

By the end of November this year, pangasius exports had reached nearly 1.7 billion USD, still 26% lower than the same period last year. The decline in average export prices in main markets, especially the US and China, has pulled the value of pangasius exports lower than in 2022. However, pangasius exports are showing more positive signs in some markets. markets in China, Mexico, Canada, Brazil, England... In addition to the main product which is pangasius fillets, by-products such as dried pangasius bladder and pangasius balls are of interest to many markets such as the US, China, Malaysia, Singapore.

Photo: VASEP

Shrimp exports by the end of November 2023 are estimated to reach 3.15 billion USD, down 22% compared to the same period last year. Shrimp exports are also influenced by price competition in the context of world shrimp supply surplus and high prices. sell down. Exports to most major markets were lower than the same period, except for a few small markets such as Hong Kong and Switzerland, which increased by 5%, and Taiwan increased by 19%.

China will likely maintain a strong import trend in the last quarter of 2023 to offset the peak consumption season of December, January and February. However, in the United States, the increase in consumer demand will be met by imports from Latin America due to lower logistics costs.

Inflation is falling in all major European countries. However, traders are reluctant to start buying for Christmas as demand for crustaceans, including shrimp, remains weak.

Photo: VASEP

Shrimp demand in Southeast Asia and the Far East is expected to improve towards the end of the year due to the Christmas, Lunar New Year and Lunar New Year holidays which take place from December to February. Prices will increase during this period as the total Seasonally low yields.

Tuna exports in the first 11 months of the year reached about 774 million USD, down 18%. Compared to other commodities, tuna has a more positive signal. Although exports to the US are still down 35%, many markets such as the EU, Thailand, Israel, Mexico, Russia, Korea, Philippines, and Japan are tending to increase imports of Vietnamese tuna. Steamed tuna loin products and canned tuna have better demand than frozen fish fillets, cut pieces.

Other types of fish, mainly marine fish, brought in sales of 1.74 billion USD by the end of November, down 7% compared to the same period in 2022. Export of squid, octopus, molluscs, crabs until the end November still had negative growth of 10-13% compared to the same period last year.

The last two months of 2022 are the period when seafood exports plummeted to the lowest level of the year (except for February during the Lunar New Year holiday), so although the total export turnover of seafood and some key products recorded growth. positive in November this year, but has not shown a positive trend because compared to previous months there was no breakthrough in sales.

With current developments, seafood exports in 2023 are estimated to reach about 9 billion USD, down 18% compared to 2022. Of which, shrimp will earn about 3.4 billion USD, 21% less than last year. Last year, pangasius was estimated to reach 1.8 billion USD, down 25%, tuna reached 850 million USD, down 15%; Squid and octopus exports are estimated at 660 million USD, down 14%.

Autohr/source: Le Hang / VASEP (translated from original in vietnamese)

[email protected]
www.seafood.media


 Print


Click to know how to advertise in FIS
MORE NEWS
Norway
Feb 21, 07:30 (GMT + 9):
Salmon aquaculture: No lice treatment needed with Natilus
European Union
Feb 21, 07:00 (GMT + 9):
The EU invests €2,2 million (USD 2.38M) to develop the fishing vessel of the future
Russian Federation
Feb 21, 07:00 (GMT + 9):
Fishing Catches in the Okhotsk and Bering Seas
Worldwide
Feb 21, 07:00 (GMT + 9):
High fishmeal prices will be difficult to reduce in 2024
Faroe Islands
Feb 21, 07:00 (GMT + 9):
Bakkafrost Sees Mixed Regional Results in Q4 2023
Norway
Feb 21, 07:00 (GMT + 9):
MMC First Process with extensive delivery to Hima Seafood in Rjukan
Philippines
Feb 21, 06:50 (GMT + 9):
President Marcos: Case over cyanide fishing possible if ‘there’s enough ground’
Norway
Feb 21, 01:00 (GMT + 9):
Strong quarter to end another record year for Mowi
Spain
Feb 20, 23:00 (GMT + 9):
IN BRIEF - The fishing sector requests a meeting with Minister Planas and will join the demonstration planned in Madrid on February 26
Falkland Islands
Feb 20, 10:00 (GMT + 9):
IN BRIEF - Falkland Islands dispute is causing fishing ‘free-for-all’ in nearby Blue Hole
Spain
Feb 20, 07:00 (GMT + 9):
BM Supermercados Endorses Best Aquaculture Practices Program
Denmark
Feb 20, 07:00 (GMT + 9):
Danish Ocean Cluster open for business
Antarctica
Feb 20, 07:00 (GMT + 9):
Krill Fishing Boom May Threaten Antarctic Predators and Climate Crisis Mediation
Norway
Feb 20, 07:00 (GMT + 9):
The Norwegian Pelagic Fishing Course in Week 7
Worldwide
Feb 20, 07:00 (GMT + 9):
Yellowfin Tuna Prices Expected to Rise Amid Slow Fishing



Lenguaje
FEATURED EVENTS
  
TOP STORIES
BM Supermercados Endorses Best Aquaculture Practices Program
Spain Spanish retailer BM Supermercados is endorsing the Best Aquaculture Practices (BAP) certification program, the latest step in its commitment to sourcing responsible seafood for its stores. &nbs...
Shrimp Season in Jeopardy as Tensions Persist
Argentina Despite the efforts of the Government of Chubut to bring the parties in conflict closer together and promote dialogue, the season continues to struggle. The STIA and SUPA delay the negotiations and an...
Ocean Network Express Unveils Asia Pacific 1 (AP1)
Worldwide Ocean Network Express (ONE) announces the launch of the Asia Pacific 1 (AP1) service, a new route connecting Asia and the U.S. West Coast. Due to sustained growth of USA import volumes from Asia to...
63% of the catches of the Spanish tuna fleet already have MSC certification
Spain A further 17% are under evaluation and the fleet expects to obtain the blue seal before the end of the year 63% of the Spanish tuna purse seine fleet's tropical tuna catches already have the Marine S...
 

Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2024 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER