US pangasius imports have surpassed tilapia imports, and the market faces supply pressure

A typhoon in Hainan has negatively affected tilapia production, while pangasius in Vietnam is experiencing weather-related challenges. Despite these setbacks, a positive preliminary anti-dumping duty ruling on Vietnamese pangasius could boost its competitiveness. In 2024, US import data shows a shift, with pangasius becoming the leading fish in volume, surpassing tilapia. The market is currently cautious, with the rate of supply recovery dependent on environmental and processing enhancements. The upcoming decision on the pangasius tariff could further influence the market dynamics.