Vietnam: The price of meat frogs and frog breeds prices rose to a record high, selling well

Published Apr 15, 2021

Tridge summary

The price of meat frog has surged by over 20,000 VND/kg due to a decrease in supply, with many farmers reducing frog farming after significant losses in 2020. The limited supply of wild frogs and high demand for farmed frogs have further increased the price. Currently, the cost is around 40,000-45,000 VND/kg for frogs with 3-5 heads. This surge in price is concerning for farmers as they face rising costs for industrial feed and other inputs, and climate change and adverse weather conditions are increasing wastage rates and quality issues in seed sources. Profitability for farmers depends on the price of meat frogs remaining above 30,000 VND/kg.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From the last months of 2020 up to now, the price of meat frogs has increased continuously and has increased by a total of more than 20,000 VND / kg compared to the time when the price was low in October 2020, up to a record high in many months. The price of frog meat raised sharply due to a decrease in supply because people reduced frog farming after suffering heavy losses in 2020. In addition, at this time, the amount of frogs caught in the wild is very limited, so the frogs raised are selling well. price increases. In many localities in the Mekong Delta such as: Can Tho, Hau Giang, Vinh Long, An Giang, Dong Thap ..., meat frogs with 3-5 heads / kg are sold by farmers to traders and shops to buy frogs with price from 40,000-45,000 VND / kg. Accordingly, the price of breed frogs also nearly doubled compared to before, up to about 1,000 VND / animal (size 100 / kg). According to many frog farming households, with the current price of meat frogs, farmers can achieve at least ...
Source: Danviet

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.