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(vasep.com.vn) After a steady increase in the first 2 months of this year, the price of pangasius fingerlings and the price of pangasius fish at ponds both decreased in March.

In January 2024, pangasius prices at ponds increased due to high demand for the Lunar New Year. In February 2024, after a long holiday, pangasius fingerling prices and pond fish prices continued to increase mainly due to concerns about supply shortages.

(vasep.com.vn) In February 2024, the average export price of Vietnamese pangasius to markets increased by 4%, although the volume decreased by 40% compared to the previous month.

Pangasius exports in February 2024 to markets witnessed negative growth from 35% -56%. In February 2024, Vietnam's pangasius export volume decreased, but the average price still increased due to some concerns about lack of supply and positive market demand. In February 2024, the export volume of pangasius products decreased by 36% over the same period last year, reaching more than 42 thousand tons and down 40% compared to January 2024.

(vasep.com.vn) In 2023, Vietnam's pangasius exports will reach 1.8 billion USD, down 25% compared to 2022. In 2023, Vietnam's pangasius exports will face many difficulties, in when market consumer demand declines, especially in the European and Chinese markets. However, in the last months of 2023, exports recorded positive growth, which is a positive signal for the industry in 2024.

(vasep.com.vn) According to data from Vietnam Customs, Vietnamese pangasius exports to markets in 2023 will reach more than 1.8 billion USD, down 25% compared to 2022.

Vietnam's pangasius export turnover to markets in December 2023 reached more than 158 million USD, an increase of 5% over the same period in 2022. This is also the second consecutive month that pangasius export value recorded an increase in 2023. full of difficulties. 

(seafood.vasep.com.vn) Some experts believe that pangasius has an advantage in China, with the potential for explosive growth if it replaces other ingredients in some dishes.

Despite a double-digit decrease in pangasius imports from Vietnam to China in the first three quarters of this year, Mr. Chen Xindong, a veteran expert in the industry, believes that the demand for high-quality fish fillets still has significant growth potential in China. Mr. Chen Xindong is currently the General Director of Octogone Pangasius Distribution Company, a subsidiary of Vinh Hoan in China.

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