The FAO Releases Quarterly Global Market Report on Pangasius Fish

Production Situation Vietnam's pangasius production is expected to continue expanding in 2025, with projected harvest reaching 1.65 million tons, a 7% increase from 2024. The Fisheries General Department emphasizes improving pangasius fry quality and gradually replacing fish meal and fish oil in feed with plant-based materials, insects, microalgae, and seaweed. According to the Vietnam Seafood Exporters and Producers Association (VASEP), pangasius exports are expected to reach $2 billion in 2024, confirming Vietnam's dominant position in global pangasius supply. In contrast, the Indonesian Pangasius Producers Association (APCI) estimates 2024 production will decline to 280-300,000 tons, down from 350-400,000 tons in 2023, due to prolonged El Niño effects. Bangladesh's pangasius production has significantly grown over the past two decades, becoming one of the most important freshwater aquaculture species in regions like Mymensingh, Comilla, and Jessore. Fisheries Department data ...