PANGASIUS EXPORTS TO THE CHINESE MARKET INCREASED STRONGLY AGAIN

According to the Vietnam Association of Seafood Processing and Exporters, 2021 is the year when pangasius processing and exporting enterprises face many challenges. However, up to this point, the Vietnam Association of Seafood Exporters and Producers forecasts that pangasius export turnover for the whole year 2021 is estimated to reach 1.54 billion USD, an increase of 3% compared to 2020.

Export turnover increased sharply

According to Undercurrent News, Vietnamese pangasius exports to China in November increased the most this year. Specifically, the output of exported pangasius products increased to  more than 78 thousand tons  (equivalent to 44.4% compared to October). However, this number is still  about 1,000 tons lower  than the same period last year.

Previously, in the period of July and August, due to the impact of the Covid -19 wave in Vietnam, the amount of pangasius exported to China  decreased sharply from 60,000 to 40,000 tons.

For the EU and ASEAN, import volume is also on the rise. Meanwhile, demand in the US market decreased in November after recovering strongly in October.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), pangasius export turnover this year will reach  about 1.54 billion USD, an increase of 3% compared to 2020.  Of which, China is still the main market. takes the lead, accounting for  28%  of Vietnam’s export share . Pangasius importers said that the price of freshwater fish in this country increased sharply in the first half of this year, so Vietnamese pangasius is still an attractive alternative seafood product.

Next in second place is  the US market with 22%.  The Vietnam Association of Seafood Exporters and Producers forecasts that pangasius exports to the US market will continue to increase due to a decrease in US domestic production and an increase in seafood prices in the US.

In addition, pangasius exports are forecast to continue to grow thanks to Free Trade Agreements, which continue to be a lever to promote trade to many markets, especially small potential markets such as Mexico and Brazil. , Russia, Colombia, Thailand, etc

Worry about lack of raw materials

Although pangasius exports still maintain their target in 2021, with major fluctuations during the 8 months of the COVID-19 epidemic, the pangasius industry has been severely impacted and affected the stocking of raw fish. for the next case.

Mr. Nhu Van Can, Director of the Aquaculture Department of the Directorate of Fisheries, said that the area of ​​pangasius farming in July, August, and September decreased by 30 – 55% compared to the same period in 2020 due to many  localities  . social distancing must be practiced. However, the farming area in March, April, May, June and October increased sharply compared to the same period in 2020.

If we do not speed up the rate of farming and stocking, it is forecast that raw materials for processing and export in the first quarter of 2022 may be in short supply. To ensure the supply of raw materials for processing and export, in 2022, the pangasius industry is planning to reach  over 5,200 hectares  of additional farming area; Commercial pangasius output reached  over 1.7 million tons.

The Directorate of Fisheries is promoting the organization of seed production and input materials to serve the needs of farming at the beginning of the year to ensure raw materials for processing for the whole year 2022. With an estimated area of ​​pangasius farming in December reaching 330 hectares, requiring about 200 million seeds.

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