The main focus of the seafood industry in October 2023 is: The export situation in the month continued to improve, but was still at a low level compared to the same period. In particular, the export of fish increased well, but whiteleg shrimp (the main product of the shrimp industry) was less positive. Pangasius supply remains positive while shrimp supply is starting to decrease, especially black tiger shrimp. Shrimp export prices remain low, pangasius export prices continue to decrease.
In October 2023, exports of the entire seafood industry continued to recover during the month. Specifically, the industry's export value in the month increased by 3.4% over the previous month but still decreased by 6.8% over the same period. Compared to the previous month, exports of pangasius and tuna increased by 4%-6%, while exports of shrimp, squid & octopus decreased by another 2%-3%.
The increase was achieved during the month, thanks to positive demand from ASEAN markets, China and CPTPP (for pangasius and shrimp), Japan (tuna)...In addition, seafood enterprises in general are also exploiting several potential markets in Africa and the Middle East.
TABLE OF CONTENTS
A. GENERAL PERCEPTION
B. OVERVIEW OF VIETNAM SEAFOOD INDUSTRY 10M/2023
The situation of domestic seafood supply 10M/2019 - 10M/2023
Price movements of raw fish/shrimp in the country 10M/2023
Supply of imported seafood 10M/2021 – 10M/2023
Trade balance of the whole industry 10M/2021 – 10M/2023
Export situation in the period 10M/2019 - 10M/2023
- Structure of export products
- Export market structure
- Evolution of major export markets
Top seafood export enterprises 10M/2023
Evolution of the export situation of some seafood exporting enterprises by month
C. SHRIMP INDUSTRY DETAILS
D. PANGASIUS INDUSTRY DETAILS
[VI] SEAFOOD INDUSTRY REPORT - NOVEMBER 2023
Number of pages: 32 pages
Data series: Last 13 months
Release date: November 20, 2023