Archive for March, 2012

Join us in Boston Seafood Show 2012

Thursday, March 8th, 2012

Vietnam Tuna Export In January 2012

Wednesday, March 7th, 2012

In January 2012, tuna export of Vietnam decreased 12.4 percent in value against the same month last year. The U.S and Lebanon saw sharp drop of 34 percent and 44 percent, respectively. In contrast, Tunisia and Sudan got triple-digit growth of 521.9 percent and 356.6 percent from a year ago.

Source: Vasep

Vietnam pangasius imports into Spain declined

Wednesday, March 7th, 2012

Out of 130 countries and territories importing Vietnam pangasius, Spain is one of 5 largest single importers as well as the largest market of Vietnam pangasius in EU block. However, in the first two weeks of January 2012, Vietnam pangasius exports to Spain continued to decline and showed no upward trend in the upcoming months this year. From the beginning to January 15th 2012, Vietnam pangasius shipment to Spain reached 4.5 million MT, 5.3 percent lower than that of the same period of 2011. However, Vietnam pangasius export value to EU reached US$21.7 million, up 8 percent over that of the same period of 2011. EU is a main importer of Vietnam seafood. EU’s members are not only the most prosperous in the world but also consume nearly 47 percent of total frozen pangasius fillet imports worldwide in which Germany, France, the U.K and Spain are the largest importers. In the past 6 months, the wholesale price of some white meat fish such as frozen hake, cod in Spain was stable.Since August 2011 to January 2012, frozen hake was quoted at EUR2 to EUR7 per kilogram (variation to each type), hake rings were quoted at EUR5 per kilogram while in fresh form, the price of these white meat species fluctuated drastically. Spanish people tend to consume frozen fish more than fresh and live fish and they like to buy fish at the supermarkets and big supermarkets rather than at traditional fish markets. In trend of seafood consumption, they like shrimp, squid, cod, and tuna most. Spanish people’s demand of high quality seafood products and imported value-added seafood products is high but they have to consider buying products with a reasonable price amid economic recession in Spain as well as EU.