Vietnam’s Frozen Coho Salmon Market Faces Slow Sales Since Oct-23 and Price Decline Amid Cautious Importer Approach

Vietnam's frozen Coho salmon market has experienced notably slow sales from Oct-23 to Dec-23, leading to a decline in prices due to a weakened buying capacity in the market. Despite the ongoing salmon harvesting season in 2023, many Vietnamese importers have not made new imports. Instead, they focus on clearing old stocks at reduced costs and closely monitoring global market prices before finalizing new contracts. Various market factors and uncertainties may influence this cautious approach, prompting importers to assess the situation before committing to new purchases.