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The price of a fish specie in Vietnam increased sharply globally, price sold to US was the highest

Giá một loài cá của Việt Nam tăng mạnh ở toàn cầu, giá bán sang Mỹ cao nhất
This news article has been translated to English.
Dried Catfish
United States
Price Trend
Frozen Catfish Fillet
Vietnam
Supply Yield / Stock Quantity
May 3, 2022
From Danviet
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According to information from the Vietnam Association of Seafood Exporters and Producers (VASEP), after the price of raw pangasius in the Mekong Delta peaked at the end of the first quarter of 2022, the average export price of pangasius products Frozen fillets to most markets also increased sharply. Ta Ha, pangasius market expert of VASEP, said that the world pangasius market is in a good direction, orders are increasing, but raw fish is lacking.
Meanwhile, according to data from the Directorate of Fisheries (Ministry of Agriculture and Rural Development), by the end of March 2022, the new farming area of pangasius was only 94% of the same period last year. Harvest output reached 350,000 tons, up 8.8% over the same period last year. In some key pangasius production localities such as Dong Thap, pangasius farming area only reached 94.6%; Vinh Long's intensive pangasius farming area also decreased by 22.9% over the same period last year. VASEP forecasts that the shortage of raw materials will continue until at least the end of the second quarter of 2022. Currently, the price of pangasius size 0.7 - 0.8 kg/head fluctuates at 31,000 - 32,500 VND/kg; size 1 - 1.2 kg/head, ranging from 32,000 to 34,500 VND/kg. Thus, over the same period, the price of raw pangasius has increased from 8,000 to 10,000 VND/kg over the same period last year and increased by about 20% compared to the end of 2021. According to VASEP, the price of raw ...
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