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


Image: Vasep / FIS

Tuna Industry Needs to Resolve Raw Material Bottlenecks

Click on the flag for more information about Viet Nam VIET NAM
Wednesday, June 19, 2024, 07:00 (GMT + 9)

Tuna exports continue to maintain growth momentum in May 2024, up 21% over the same period. Cumulatively in the first 5 months of 2024, Vietnam's tuna exports reached more than 386 million USD, up 22% over the same period.

Of which canned tuna products increased by 41%, other processed tuna increased by 12%, frozen tuna meat/loin increased by 7% and fresh, frozen and dried tuna increased nearly 3 times over the same period. 2023.

Source: Stockfile FIS

Tuna exports to most markets will increase compared to the same period in 2023. Accordingly, the two largest markets, the US and EU, account for 37% and 23%, respectively, of Vietnam's total tuna exports in the first 5 months of 2024. South and recorded growth of 22% and 36% over the same period in 2023.

In addition, tuna exports to Israel, Russia and South Korea are increasing the most, 55%, 70% and 76% respectively...

Source: Panamei Seafood -->

Tuna exports to the US and EU grew slowly

In May, tuna exports to the US and EU continued to maintain growth momentum over the same period. However, the growth rate has slowed down compared to previous months, only reaching 10% and 30% respectively this month.

In the EU market, the export growth rate to some main markets in May slowed down, such as Germany increased by 22% and the Netherlands increased by 26%. Currently, only Italy continues to maintain high growth momentum at 3 digits, up 224% compared to May 2023.

<-- Source: Stockfile FIS

According to businesses, it is difficult for Vietnam's tuna exports to the EU to maintain this growth rate in the second half of the year, when preferential tariff quotas have been used up.

"Knot" in raw materials

In the structure of tuna export value in recent years, more than 50% of the value is created from imported raw materials because domestic exploitation does not meet the demand for export processing and is unstable.

Meanwhile, many businesses are complaining about the difficulty of making raw material certification (S/C) of domestically exploited raw materials.

Source: Stockfile FIS  -->

There are many reasons why businesses cannot receive S/C after purchasing raw materials due to some problems in the previous stages that are difficult for businesses to know clearly, such as the issue of confirming food safety conditions for fishing vessels or The problem of fishing vessels operating in waters that do not comply with regulations... Although these fishing vessels are still allowed to go out to sea to exploit normally, are inspected and allowed to dock normally.

Or a situation that occurred in the last 2-3 months, quite a few fishing vessels installed monitoring systems via the telecommunications network continuously failed, causing the fishing vessels to lose connection to cruise monitoring for 6 hours or more. Some ships take up to 2-3 days, directly affecting the business's S/C paper making process.

<-- Source: Stockfile FIS

From the above reality, provinces and localities need to well and promptly implement the confirmation of food safety conditions for fishing vessels and fishing ports according to regulations as well as strictly implement the permission for departure and arrival of fishing vessels. when the conditions prescribed by law are not met;...

The Ministry of Agriculture and Rural Development is considering amending regulations so that S/C raw material certification can be issued immediately to businesses when they have completed loading and unloading raw materials from fishing vessels under the supervision of port staff. in terms of type, volume... at fishing ports; Provide guidance and direction on handling S/C papers for cases where fishing vessels lose connection due to confirmed service provider errors.

If these shortcomings are resolved, by 2024 Vietnam's tuna industry will have a chance to return to the billion USD mark.

Author: Nguyen Ha | Vasep (Translated from the original in Vietnamese)

[email protected]
www.seafood.media


 Print


Click to know how to advertise in FIS
MORE NEWS
Worldwide
Jun 24, 06:00 (GMT + 9):
Global Fisheries Report Reveals Mixed Fortunes: Sustainability Gains Amidst Ongoing Pressures
Canada
Jun 24, 05:00 (GMT + 9):
Canadian Fishing Industry Responds to Ocean Conservation Dialogue: Emphasis on Sustainability and Strict Regulation
United States
Jun 24, 00:10 (GMT + 9):
Shrimp Imports Linked to Spread of Colistin Resistance, a Last-Resort Antibiotic
Spain
Jun 24, 00:10 (GMT + 9):
Artificial Intelligence, Innovation, and Commercial Strategy: Pillars of the II Seafood Forum in Vigo
New Zealand
Jun 24, 00:10 (GMT + 9):
Illegal Snapper Operation Leads to Jail Time for Ex-Fishing Firm Director
France
Jun 24, 00:10 (GMT + 9):
Sardine, Star in Boulogne-sur-Mer; Smaller in Brittany Amidst Changing Climate
Iceland
Jun 23, 05:00 (GMT + 9):
Temperature Proves to Be the Main Driving Factor in Lumpfish Distribution in the North Atlantic
South Korea
Jun 23, 04:00 (GMT + 9):
South Korea’s Frozen Stingray Imports Dip 3% Year-on-Year Amid Shifting Market Dynamics
Peru
Jun 23, 03:00 (GMT + 9):
PRODUCE Authorizes Second Anchovy Fishing Season in the South with a Sustainable Approach
China
Jun 23, 03:00 (GMT + 9):
China Strengthens Fisheries Safety with National Skills Competition and New Meteorological Platform
Malaysia
Jun 23, 02:00 (GMT + 9):
Malaysia Pioneers Sustainable Aquaculture with Solar-Powered AquaRover Robots
Turkey
Jun 23, 01:00 (GMT + 9):
'Turkish Salmon' Gains Ground in International Markets Backed by Aquaculture Expertise
Peru
Jun 23, 00:10 (GMT + 9):
IN BRIEF - Ilo Artisanal Fishermen Reject Early Pota Fishing Closure by PRODUCE
Bulgaria
Jun 23, 00:10 (GMT + 9):
Fiscalía Europea Investiga Corrupción en Fondos Pesqueros de la UE en Bulgaria
Peru
Jun 23, 00:10 (GMT + 9):
PRODUCE Orders Closure of Giant Squid Fishing as Maximum Catch Limit Reached



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Russian Fishermen Exceed 2.2 Million Tons in Aquatic Bioresource Catch
Russia Fed. Far Eastern Basin Leads as National Haul Shows Strong Start to the Year MOSCOW – Russian fishermen have collectively caught over 2.2 million tons (2,221.6 thousand tons) of aquatic bioreso...
ORPAGU Surprises at the 25th AECOC Seafood Congress with the Launch of its Innovative Swordfish Tacos
Spain The Guardesa Organization's Healthy and Sustainable Innovation Conquers Retail A Guarda, Pontevedra – The Organisation of Guardesa Longliners (ORPAGU) captured significant attention at the...
Competition Intensifies for Vietnam's Tuna Exports to Spain Amidst Shifting Trade Landscape
Viet Nam Despite Early 2025 Growth, Long-Term Decline and Rising Trade Agreement Pressure Challenge Vietnamese Suppliers HANOI – Vietnam's tuna exports to Spain are facing growing challenges as intensifie...
ALPESCAS Highlights High Level of Fisheries Sustainability in Latin America and the Caribbean
Worldwide New FAO Report Reveals Majority of Regional Landings Come from Biologically Sustainable Stocks The Latin American Alliance for Sustainable Fisheries and Food Security (ALPESCAS) has positively evalua...
 

Umios Corporation | 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 Aquaculture 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 - 2025 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER