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According to a survey by the Global Fisheries Alliance (GAA), world shrimp production in 2021 increased by about 8.
9% compared to 2020, and is expected to continue to increase in 2022
.
9% compared to 2020, and is expected to continue to increase in 2022
.
The main markets for Vietnamese shrimp are the United States, the European Union, Japan, China and South Korea
.
The price of raw shrimp in the world tends to fall, which will bring huge pressure to Vietnam's shrimp industry.
At the same time, the competition among exporting countries in the same industry is also becoming more and more fierce.
Safety warning, this will have a huge impact on Vietnam's shrimp industry
.
.
The price of raw shrimp in the world tends to fall, which will bring huge pressure to Vietnam's shrimp industry.
At the same time, the competition among exporting countries in the same industry is also becoming more and more fierce.
Safety warning, this will have a huge impact on Vietnam's shrimp industry
.
In 2021, Vietnam's shrimp exports to the United States will be worth US$1 billion, which is an outstanding performance in export trade
.
Vietnam's prawns with noodles have a strong position in the export industry, while India, Indonesia and Ecuador all have a large market share in shelled shrimp, making it difficult for Vietnam to compete
.
.
Vietnam's prawns with noodles have a strong position in the export industry, while India, Indonesia and Ecuador all have a large market share in shelled shrimp, making it difficult for Vietnam to compete
.
In 2022, the demand for shrimp products in the European market will begin to grow again, especially in the United Kingdom, Germany, the Netherlands, Belgium and other countries.
European countries prefer small and medium-sized shrimp products.
The biggest competitor of Vietnamese shrimp in Europe is Ecuador, but Vietnam has It has advantages in small and medium shrimp processing industry
.
European countries prefer small and medium-sized shrimp products.
The biggest competitor of Vietnamese shrimp in Europe is Ecuador, but Vietnam has It has advantages in small and medium shrimp processing industry
.
The Vietnam Association of Aquatic Products Exporters and Producers (VASEP) pointed out that shrimp exports to the Russian market will be interrupted due to payment and transportation risks, and it will be difficult to resume in a short time.
Besides the main market, Vietnamese enterprises need to pay attention to other potential Markets such as Canada, Australia, UK, to reduce reliance on a single market, companies need to develop strategies to develop strong products in key markets and limit the advantages of other countries
.
Besides the main market, Vietnamese enterprises need to pay attention to other potential Markets such as Canada, Australia, UK, to reduce reliance on a single market, companies need to develop strategies to develop strong products in key markets and limit the advantages of other countries
.
Vietnamese agricultural experts said that the conflict between Russia and Ukraine, coupled with the continued increase in fuel costs and international transportation costs, will have a strong impact on the price of Vietnamese shrimp products in 2022.
Compared with Indian, Ecuadorian and Indonesian shrimp, Vietnamese shrimp will be more competitive.
drop
.
Compared with Indian, Ecuadorian and Indonesian shrimp, Vietnamese shrimp will be more competitive.
drop
.
A representative of the Vietnam Fisheries Department said that the major challenge facing the shrimp industry in Vietnam is that the aquaculture sources are dependent on imports and are mined from the wild, with only a small part of domestic exploitation
.
.
Overall, the production cost of shrimp in Vietnam is higher than other countries, because shrimp feed still accounts for a high proportion of production cost (about 65%); the cost is high due to the dependence on imports of seed and seedlings; many agricultural areas without electricity must The use of explosives to pump water, fans and generate electricity (which costs twice as much as regular electricity); and the high cost of shipping products and raw materials
.
.
Experts pointed out that the Vietnamese prawn farming technology is not suitable, the productivity is low, and the production efficiency is not high.
Although the area is large, the output and output value are low.
Breakthroughs in technological solutions
.
Although the area is large, the output and output value are low.
Breakthroughs in technological solutions
.
Phung Duc Tien, Deputy Minister of Agriculture and Rural Development of Vietnam, said that local governments should strengthen the application of science and technology in shrimp farming and give full play to the role of the Second Institute of Aquaculture Research.
Import dependency
.
Import dependency
.
