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6%
According to the Vietnam Association of Seafood Exporters and Producers (VASEP ), pangasius exports to most major global markets have grown significantly
.
In the first two months of this year, the total export value of pangasius increased by 93.
6% to US$384.
8 million
.
At the end of February, the export of pangasius to the United States was 94.
57 million US dollars, an increase of 119.
7%
.
.
In the first two months of this year, the total export value of pangasius increased by 93.
6% to US$384.
8 million
.
At the end of February, the export of pangasius to the United States was 94.
57 million US dollars, an increase of 119.
7%
.
Following the U.
S.
Department of Commerce (DOC) announcement of the preliminary results of the 17th review and the latest results of POR17's anti-dumping duties on frozen catfish fillets imported from Vietnam, more Vietnamese catfish exporters now enjoy a 0% tax rate in the U.
S.
market
.
Therefore, the value of pangasius exported to this market is expected to rise in the coming months
.
S.
Department of Commerce (DOC) announcement of the preliminary results of the 17th review and the latest results of POR17's anti-dumping duties on frozen catfish fillets imported from Vietnam, more Vietnamese catfish exporters now enjoy a 0% tax rate in the U.
S.
market
.
Therefore, the value of pangasius exported to this market is expected to rise in the coming months
.
Many Vietnamese companies have withdrawn from the market after pangasius exports to the EU fell for the second year in a row
.
Pangasius exports to the EU have fallen sharply during the Covid-19 pandemic
.
However, in the first two months of this year, pangasius exports to the EU rose by around 76 percent to $28 million
.
.
Pangasius exports to the EU have fallen sharply during the Covid-19 pandemic
.
However, in the first two months of this year, pangasius exports to the EU rose by around 76 percent to $28 million
.
Raw fish prices may vary slightly as many farmers return to the market
.
However, with feed prices pushed up due to the increased cost of feed ingredients, fish prices may struggle to come down, and market volatility could cause problems for small farmers
.
He also said that there are currently bottlenecks in the export of pangasius to the Russian and Chinese markets
.
"The conflict between Russia and Ukraine is having a major impact on the Russian market, and at the same time, China is implementing a 'zero epidemic' policy, hindering exports to this market
.
.
However, with feed prices pushed up due to the increased cost of feed ingredients, fish prices may struggle to come down, and market volatility could cause problems for small farmers
.
He also said that there are currently bottlenecks in the export of pangasius to the Russian and Chinese markets
.
"The conflict between Russia and Ukraine is having a major impact on the Russian market, and at the same time, China is implementing a 'zero epidemic' policy, hindering exports to this market
.
According to farmers and pangasius exporters, the price of pangasius has risen sharply because many households stopped production in the wake of the Covid-19 pandemic, resulting in a shortage of raw fish supplies
.
As a result, demand for pangasius exceeds supply
.
At present, the price of pangasius remains high, so farmers' profits are higher than before the Spring Festival
.
Prices of petrol and animal feed are expected to rise in the near term, so the price of pangasius will also continue to rise
.
.
As a result, demand for pangasius exceeds supply
.
At present, the price of pangasius remains high, so farmers' profits are higher than before the Spring Festival
.
Prices of petrol and animal feed are expected to rise in the near term, so the price of pangasius will also continue to rise
.
▼ Shrimp exports are expected to reach 4 billion US dollars
In Ca Mau province, seafood exports reached US$165 million in the first few months of 2022, an increase of 101% year-on-year
.
Bac Lieu province’s shrimp exports exceeded US$113 million, an increase of more than 6% over the same period in 2021
.
.
Bac Lieu province’s shrimp exports exceeded US$113 million, an increase of more than 6% over the same period in 2021
.
The main export product is white shrimp from the Mekong Delta, and the price remains stable at a high level
.
Currently, 100 pcs/kg of white prawns are sold at VND 100,000; 50 pcs/kg are priced at VND 132,000 and 30 pcs/kg are priced at VND 158,000
.
.
Currently, 100 pcs/kg of white prawns are sold at VND 100,000; 50 pcs/kg are priced at VND 132,000 and 30 pcs/kg are priced at VND 158,000
.
VASEP also said that in the first two months of this year, Vietnam's shrimp exports have grown significantly in major markets such as the US, EU, Japan, South Korea, China and the UK.
.
.
The US remains Vietnam's largest shrimp import partner, accounting for the total value of shrimp exports.
21%
.
.
.
The US remains Vietnam's largest shrimp import partner, accounting for the total value of shrimp exports.
21%
.
Shrimp exports to China also showed signs of recovery, reaching US$39.
7 million (up 14%)
.
It is expected that China's shrimp imports will continue to maintain an upward trend in 2022
.
VASEP pointed out that companies exporting to China need to ensure the control and prevention of the new coronavirus during production and export
.
7 million (up 14%)
.
It is expected that China's shrimp imports will continue to maintain an upward trend in 2022
.
VASEP pointed out that companies exporting to China need to ensure the control and prevention of the new coronavirus during production and export
.
Shrimp exports are expected to continue growing significantly in March due to strong market demand
.
Exports for the full year are expected to reach about $4 billion, up 3%
.
The Russian-Ukrainian conflict has more or less affected shrimp exports to Russia and Ukraine, although these two markets only account for a small portion of Vietnam’s total shrimp exports
.
However, the conflict has raised fuel prices and a range of other input charges, affecting prices and profits for processing and exporting companies
.
.
Exports for the full year are expected to reach about $4 billion, up 3%
.
The Russian-Ukrainian conflict has more or less affected shrimp exports to Russia and Ukraine, although these two markets only account for a small portion of Vietnam’s total shrimp exports
.
However, the conflict has raised fuel prices and a range of other input charges, affecting prices and profits for processing and exporting companies
.
