Shrimp Prices Surge Nationwide, Vietnam Emerges as a Major Supplier
Over the past two weeks, shrimp prices across the country have been on an upward trend. Medium-sized shrimp, in particular, have seen a significant price increase. Meanwhile, the market for large shrimp in eastern Guangdong remains weak, with some price reductions observed. In East China, the supply of shrimp from small-scale greenhouses is limited, further […]
Vietnamese pangasius prices hit a 3-year high
The price of Vietnamese pangasius has risen to the highest level in nearly three years Vietnamese pangasius exports in January According to Vietnamese customs data, in January 2025, the export value of Vietnamese pangasius was US$133 million, a year-on-year decrease of 19%. From the perspective of the export markets of Vietnamese pangasius, the market ranking […]
China’s Seafood Trade in 2024: A Shift Towards High-Value Exports Amid Weak Domestic Consumption
Recent data from Chinese customs has revealed key trends shaping China’s seafood trade in 2024. The figures show a shift toward higher-value seafood exports, resulting in a substantial increase in the trade surplus. Meanwhile, both domestic consumption and imports have exhibited a weaker-than-expected performance. Surge in Exports: High-Value Products Take the Lead China’s seafood exports […]
Vietnam’s Tuna Export Surge: A Look at 2024 Trends
In December 2024, Vietnam’s tuna export value soared to nearly $886 million, marking a remarkable 17% increase compared to December 2023. The country’s annual tuna export volume reached a total of $998.9 million, also reflecting a 17% year-on-year growth. This positive trend underscores Vietnam’s competitive presence in the global tuna market. Tuna exports to the […]
Challenges and Outlook for Ecuador’s Shrimp Industry: A Comprehensive Analysis
Ecuador’s shrimp industry has been facing significant challenges since November, particularly due to the United States imposing tariffs on imported frozen shrimp. The U.S. government believes that these imports harm its domestic shrimp industry, leading to stricter trade policies. However, the industry is expected to experience further turbulence in 2024, with a substantial decline in […]
Copy of Scallop Update：Global Market Faces High Prices and Mixed Trends
The global scallop market is currently grappling with soaring raw material prices and evolving supply-demand dynamics, creating significant challenges for producers and exporters. Price Surge in Raw Materials In recent weeks, the price of scallop raw materials has skyrocketed, with some suppliers reporting a jump from $18.50 to $35 per kilogram. This sharp increase has […]
Shrimp Farming in China: Challenges and Innovations Amidst Market Changes
In recent months, the shrimp farming industry in China has faced significant challenges, especially with fluctuating prices and market demand. Regions such as East and North China have seen a price rise in white shrimp, ranging from 0.5-1 yuan to 2-3 yuan. However, South China, including the Pearl River Delta, is grappling with weak market […]
Global Squid Resources: Trends, Challenges, and Opportunities in 2025
The 2025 Global Squid Resource Forecast Conference, held on October 24th, brought together experts and industry leaders to discuss the current state and future of squid fisheries. Hosted by the China Ocean-Going Fisheries Association and Shanghai Ocean University, the conference attracted over 100 representatives from more than 60 squid production enterprises across China. This event […]
Surge in Aquatic Product Exports Highlights China’s Thriving Seafood Industry
Recent data from the General Administration of Customs reveals a significant year-on-year increase in China’s aquatic product exports. As November marks the peak export season for several aquatic goods, key regions like Yantai, Weihai, and Xinjiang are showcasing remarkable growth. Pufferfish Exports from Yantai Gain Momentum In Yantai, Shandong Province, the export of pufferfish has […]
Global Squid Market Update
In the 48th week of 2024 (November 22–28), squid prices from major global production areas exhibited a downward trend with notable fluctuations across regions. Market dynamics reflected the interplay between supply increases and growing year-end demand, resulting in varied price changes across fishing zones. Southeast Pacific Squid: Mixed Trends with Rising Demand The Southeast Pacific […]
Recent Vietnam’s Panga Market Struggles
Vietnam’s seafood exports have performed well on the global stage. In November 2024, China overtook the United States to become Vietnam’s largest export market for aquatic products. Exports to China soared by 61%, reaching a total value of $1.7 billion in the first 11 months of the year—a 19% increase compared to the previous year. […]
China’s Seafood Import Policy: Balancing Safety and Diplomacy
On September 20, 2024, the official media of China and Japan jointly announced that China will begin to gradually resume imports of marine products from Japan. This decision immediately sparked heated discussions online, with many netizens expressing their puzzlement. Background and Context Shortly after Japan announced plans to discharge nuclear wastewater into the ocean, China […]
