Vietnam: Expensive foreign hairy crabs still attract customers

Published 2022년 11월 5일

Tridge summary

Hairy crabs, a luxury seafood item available in Hong Kong and Shanghai from October to December, have seen a significant price increase due to a decreased catch in China and other factors such as the USD exchange rate and increased input costs. Despite the high prices, demand remains strong among the rich. However, consumers need to be cautious as the market is also flooded with low-quality products labeled as hairy crabs. The official imports of hairy crabs to Vietnam are limited due to strict requirements for grading and certification, leading to a supply shortage and driving up prices further.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As a famous specialty that is only available seasonally in October-December in Hong Kong and Shanghai (China), hairy crabs returning to Vietnam are increasingly favored by the rich despite the sharp increase in prices after the pandemic. As noted by VnExpress, the price of hairy crabs at seafood stores in Ho Chi Minh City of 5-6 heads per kg is 1.2-1.4 million VND, up 20% compared to last year and doubled compared to the previous year. Translate. For those with a weight of 7-8 fish per kg, the selling price is one million VND, 50% higher than that of Ca Mau crab - a specialty of Vietnam (type 1 costs 500,000-700,000 VND per kg). The current price of hairy crabs has increased sharply, but the number of customers ordering is still high. "I imported two batches, each batch of 200 kg was bought by customers in a few days," said Ms. Hoa, a shop owner in District 3. Similarly, Mr. Tran Van Truong, CEO of Hoang Gia seafood chain - the official importer of hairy crab - said that each ...

Source: VNExpress