The price of Vietnamese pangasius exported to the US market set a record

Published 2022년 5월 11일

Tridge summary

In April 2022, Vietnam saw a significant increase in aquaculture production, with a 5.8% year-over-year growth to 380.4 thousand tons, including a 5% rise in fish and a 9.2% increase in shrimp. Pangasius, a key aquatic species, experienced an 8.5% increase, contributing to 31% of the total aquaculture output in the first four months of 2022. This surge in production has been accompanied by a sharp increase in pangasius prices, driven by various factors such as drought, saltwater intrusion, and rising oil prices, which have led to a supply shortage. Despite the challenges, the pangasius industry is on a positive trajectory, with exports to major markets like the US, China, and the EU experiencing significant growth. In anticipation of continued demand, pangasius exporters are confident and planning for substantial revenue growth in 2022.

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

Original content

According to the Ministry of Agriculture and Rural Development, aquaculture production harvested in April 2022 reached 380.4 thousand tons, up 5.8% over the same period last year, including: fish 252 thousand tons, 5% increase; shrimp reached 86.5 thousand tons, up 9.2%; other aquatic products reached 41.9 thousand tons, up 4.2%. Particularly, the output of pangasius harvested in April 2022 is estimated at 125.4 thousand tons, up 8.5% over the same period last year. Accumulated in the first 4 months of 2022, harvested pangasius output reached 468 thousand tons, up 6.5% over the same period in 2021. Pangasius prices increased STRONGLY In April 2022, the price of raw pangasius in the Delta Cuu Long from 0.8 - 1.1 kg/head fluctuates at 31,000 - 32,500 VND/kg, an increase of more than 10,000 VND/kg over the same period last year, an increase of more than 30% compared to the beginning of 2022. At the time of May 4, 2022, the price of pangasius size 0.7 - 0.8 kg/fish fluctuated at ...

Source: AgroInfo.vn