Vietnam: The price of catfish exported to the United Sates has reached a new peak

According to the Vietnam Association of Seafood Exporters and Producers, currently, the price of raw pangasius size 0.7 - 0.8 kg/fish fluctuates at 31,000 - 32,500 VND/kg, size 1 - 1.2 kg/fish fluctuates at 32,000 - 34,500 VND/kg, up from 8,000 - 10,000 VND/kg over the same period and about 20% compared to the end of 2021. The price of raw fish increased sharply, pulling the average export price of frozen pangasius fillets (for export) to a level of 3.2 - 3.4 USD/kg. In which, the average export price to the US market was the highest and increased sharply to more than 4.5 USD/kg. This is a price higher than the peak of 2019. The shipments of pangasius processed and transported to the US during this time were mainly frozen pangasius fillets of large sizes 7 - 9oz (1oz = 28.35g); 8 - 10oz and 10 - 12oz. While commercial frozen fish size 3 - 5oz and 5-7oz are in short supply. The average export price of frozen pangasius fillets to the Chinese market is also much higher than last ...