News

It is likely that the export of Pangasius to the EU will continue for a long time

Published Jun 19, 2020

Tridge summary

As of the first half of May 2020, the total value of exporting pangasius to the EU market reached 53.4 million USD, down nearly 36% compared to the same period last year. The impact of the COVID-19 pandemic so far has had a significant impact on the lives and commercial activities of many EU countries. The export value to the four largest single markets is: the Netherlands decreased by 31.3%; Germany decreased by 31.7%; Spain decreased 16.9% and Belgium decreased 37.7% compared to the same period last year.

Original content

According to vasep.com.vn Until now, the EU has dropped to the fourth position in the top 5 largest pangasius export markets of Vietnam (after China - Hong Kong, USA and ASEAN). In the first 5 months of this year, pangasius export value to EU markets decreased continuously. The Netherlands is the largest pangasius export market in the bloc and is the largest import market of pangasius products. The price of frozen tra catfish to the Netherlands decreased from 2.94 USD / kg (QIV / 2019) to about 2.67 USD / kg (QI / 2020). Earlier this year, the import demand slowed down, and Covid-19 epidemic impacted on pangasius export activities to this market, the strongest since March 2020. Pangasius material prices in the country decreased due to the general trend when the largest pangasius export market of Vietnam, China, was delayed. This led to a decrease in pangasius export value to the EU. In 2019, the EU's import structure of white-skinned fish continues to give much favor to ...
Source: AgroInfo.vn
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.