Welcome to FIS   Sponsored By
United States
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Particularly in September 2019, pangasius export value decreased by 14.6%

Pangasius exports may see a negative growth this year

Click on the flag for more information about Viet Nam VIET NAM
Monday, November 18, 2019, 02:20 (GMT + 9)

By the end of September 2019, the total export value of pangasius reached USD 1.46 billion, down 8.5% over the same period in 2018, reports the Vietnam Association of Seafood Exporters and Producers (VASEP).

Particularly in September 2019, pangasius export value decreased by 14.6%. Export value to many major importers such as the US, EU, Brazil, Mexico, and Colombia also dropped sharply.

Reception and control of raw material (Photo: Stockfile)

Until the end of September 2019, China - Hong Kong was a key market of many Vietnamese enterprises. This market accounted for an increasingly greater proportion in Vietnamese pangasius export structure. In the first nine months of 2019, the export value to China - Hong Kong accounted for 30.9% of the total pangasius export value, reaching USD 450.7 million, up 19.6% compared to the same period in 2018.

With this export value, China - Hong Kong market was twice as large as the 2nd largest Vietnamese pangasius importers - USA in terms of export value. Currently, China is the most diversified importer for many types of pangasius with frozen fillets and processed pangasius products of Vietnam such as frozen fillet pangasius, frozen whole pangasius butterfly, frozen whole pangasius, frozen pangasius stomach, frozen breaded pangasius.

Pangasius manual filleting line (Photo: Stockfile)

By the end of September 2019, the total export value of pangasius to the US market - the second largest importer reached USD 208.3 million, accounting for 14.3% of total pangasius export value, down 43.6% compared to with the same period in 2018. Thus, this was a large and noticeable decline in the US in the past five years. It is forecasted that, pangasius exports to the US in the fourth quarter continues to decrease. This year, pangasius exports to the US was not as expected of many enterprises.

Pangasius exports to the EU market in the first nine months of 2019 increased by 7.3%, compared to the same period in 2018, reaching USD 189.3 million. In which three largest single importers were Netherlands, the UK and Germany. Exports to Netherlands declined by 1,9%, while exports to the UK and Germany went up by 23.8% and 32.5% respectively.

Pangasius roll salmon - Vinh Hoan Corporation, JSC

After half a year of positive growth, pangasius export value growth to ASEAN market has started to slow down. By the end of September 2019, the export value to this market reached USD 147.5 million, up 1.4% over the same period in 2018. In particular, the export value to Thailand and Malaysia market still had many positive signs.

Notwithstanding, by the end of September 2019, pangasius export value to three potential markets (Mexico, Brazil and Colombia) have been in decline since the beginning of the year. It is forecasted that from now until the end of the year, export value to these markets will still be negative growth compared to the same period in 2018.

Source: VASEP


editorial@fis.com
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
Norway
Dec 16, 01:10 (GMT + 9):
Prices and markets of Norwegian Atlantic salmon exports (Salmo salar) - W49
Worldwide
Dec 16, 01:00 (GMT + 9):
Weekly movements of fishmeal and fish oil (Norway, China, Peru) - W 49
United States
Dec 16, 00:10 (GMT + 9):
Cooke Aquaculture will not be sanctioned by Maine for animal cruelty
Malaysia
Dec 16, 00:10 (GMT + 9):
Hatcheries planned in Sabah's east coast to ensure sustainable fish supply
Peru
Dec 16, 00:00 (GMT + 9):
SNP and EDF join efforts to face climate change
European Union
Dec 16, 00:00 (GMT + 9):
EU seafood consumption marginally increased in 2018
India
Dec 16, 00:00 (GMT + 9):
New viral disease detected in Asian sea bass
Worldwide
Dec 15, 00:00 (GMT + 9):
IN BRIEF - Aquaculture will provide 62% of the seafood that will be consumed by 2030
Canada
Dec 13, 22:00 (GMT + 9):
Cermaq confirms loss of 200K farmed salmon due to algae bloom
Chile
Dec 13, 21:40 (GMT + 9):
Auction process of fishing quotas is in full swing
Japan
Dec 13, 19:30 (GMT + 9):
Seto Inland Sea’s oyster fishery achieves MSC certification - a world first for rope-grown oysters
South Korea
Dec 13, 17:20 (GMT + 9):
Frozen mackerel, 94 percent of imports are from Norway (video)
South Korea
Dec 13, 06:50 (GMT + 9):
Seafood imports from India improved
United States
Dec 13, 05:00 (GMT + 9):
New England fishing industry hit by climate, study warns
Spain
Dec 13, 03:00 (GMT + 9):
Juvenile anchovy stock diminishes in Bay of Biscay, but remains at healthy levels



Lenguaje
FEATURED EVENTS
  
TOP STORIES
California commercial Dungeness crab season in north coast delayed until Dec 31
United States The California Department of Fish and Wildlife (CDFW) is providing the following important updates and information on the status of the central and northern commercial California Dungeness crab fisher...
Russian Fishery Company initiates constrution of fourth super trawler
Russia Fed. Metal cutting for the fourth super trawler of the Russian Fishery Company (RFC)  from the series under construction at the Admiralty Shipyards (St. Petersburg) has begun. It is planned that the k...
Positive and constructive the meeting held today by Cepesca and Europêche with Virginijus Sinkevicius
European Union It exposes the need to take socio-economic issues into consideration in the negotiation of TACs and quotas, the importance of defending the fishing sector against Brexit, the vulnerable position of th...
EC warns Panama over insufficient action to fight against illegal fishing
European Union The European Commission has notified the Republic of Panama about the risk of being identified as a non-cooperating country in the fight against illegal, unreported and unregulated (IUU) fishing. T...
 
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 -Headquarter-
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 Ltd (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
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) -Headquarter-
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 - 2019 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER