The Netherlands consumes the most Vietnamese pangasius in the EU

Published 2024년 12월 3일

Tridge summary

In the first nine months of 2024, Vietnam's exports of frozen pangasius fillets to the EU saw a slight decrease of 1%, generating over USD 120 million, which accounts for 94% of total exports. Meanwhile, exports of dried and other frozen pangasius products to the EU increased by 1% to over USD 5 million. The average export price of pangasius to the EU fell by 13% year-on-year to USD 2.3/kg in September 2024. The Netherlands is the largest importer of Vietnamese pangasius in the EU. Despite some monthly fluctuations, pangasius exports to the EU are anticipated to rise towards the end of the year due to increased demand for stockpiling in preparation for the holiday season.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the first nine months of 2024, the export value of frozen pangasius fillets to the EU reached over USD 120 million, a 1% decline compared to the same period in 2023, accounting for 94% of total exports. Exports of dried and other frozen products (such as swim bladders, fish steaks, and whole fish) to the EU reached over USD 5 million, a 1% year-on-year increase. Exports of value-added pangasius products totaled USD 2.6 million, a 6% decrease compared to 2023. The average export price of Vietnamese pangasius to the EU remained below USD 3/kg in the first nine months of this year, showing negative growth in all months compared to 2023. In September 2024, the average export price dropped by 13% year-on-year to USD 2.3/kg. May 2024 recorded the highest price at USD 2.55/kg, a 5% decrease from the same month last year. Export volumes have shown a declining trend throughout the year. February 2024 recorded the lowest export volume to the EU market, with just over 3,000 tons, a 34% ...
Source: Vasep

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