Tagged: Shrimp

Vietnam seafood sector faces US$1.7 billion export gap by 2029 without double-digit growth, VASEP says

Association analysis sets out three export scenarios to 2029 as the industry meets in Can Tho to weigh market access, trade defence and processing upgrades.

Ecuador's shrimp sector flags 110,000 hectares at flood risk from El Nino as exports reach US$6.56 billion in eight months

Shrimp farmers face higher energy, fuel, fishmeal and fish oil costs and falling prices, even as sales to the US jump 48% through August.

Thai shrimp industry turns aquatic fair into THB3 million flood relief fund offering up to 100 million free post-larvae

Organisers have replaced a three-day seminar and trade show with a recovery programme for flood-hit farmers in Chachoengsao, Prachin Buri and Nakhon Nayok.

India's shrimp farmers squeezed as feed costs climb despite higher volumes

Feed prices in India have risen by Rs10-16 a kg, pushing shrimp production costs above Rs280,000 (US$2,977) a tonne even as volumes grow 3%.

Thailand's farmed shrimp output slips 1.2% in nine months as post-larvae stocking falls 5.2%

Department of Fisheries data show higher yields per post-larva and firmer farm-gate prices, while Thai shrimp exports fell in both volume and value.

Vietnam's seafood exporters urge removal of South Korea's shrimp tariff quota in VKFTA upgrade talks

VASEP says quota tender costs of 14-16% of import value leave Vietnamese shrimp facing costs close to Korea's 20% out-of-quota tariff.

Vietnam's seafood exports reach US$10.46 billion in ten months as fish and China sales offset shrimp slowdown

October shipments rose 13.5% to an estimated US$1.315 billion, led by fish, while whiteleg shrimp exports fell 8.3% and sales to the US declined.

US finalises Vietnam shrimp dumping margins, with FIMEX at 10.71%

Commerce has set a final 10.71% antidumping margin on frozen warmwater shrimp from Vietnam's FIMEX, the highest applied to an independent Vietnamese exporter in the order's history.

Indonesia targets 6.1 million tonnes from revived idle ponds on Java's north coast

The fisheries ministry outlined three aquaculture programmes to 2029, covering Java's idle ponds, an East Sumba shrimp zone and 40,000 small RAS farms.

BioMar raises 2026 guidance as record Q3 EBIT lifts on salmon feed margins

BioMar's third-quarter EBIT rose 50% to US$92.3 million on record volumes of 488,000 tonnes, prompting the Danish aquafeed group to raise full-year revenue and earnings guidance.

China's Guolian Aquatic nine-month net profit up 104.83% to RMB38.62 million as revenue falls 19%

The Guangdong shrimp and tilapia group lifted gross margin to 11.69% despite lower sales, after posting a net margin of -51.65% for 2025.

Vietnam's seafood exporters chase record US$12 billion as year-end demand builds

Vietnam's seafood exports reached US$9.7 billion by mid-October, keeping the sector on course for a record US$12 billion despite tariffs, price competition and traceability compliance costs.

AI and IoT tools lift shrimp farm net returns by over 80% in India's Haryana pilot, ICRIER study finds

Automated feeding and power management cut the feed conversion ratio by almost 30%, but set-up costs and weak access to credit hold back small farmers.

Vietnam's shrimp exports to Japan climb 6.4% to US$440.9 million in nine months

Vietnam remains Japan's largest shrimp supplier with a 26.4% share as Thai and Indonesian shipments to Japan fall and Indian supply grows.

Vietnam's Ca Mau approves 5,049-hectare high-tech aquaculture zone worth US$205 million

Ca Mau province has approved the investment policy for a 5,049-hectare high-tech aquaculture zone on its coastal mudflats, with projected capital of VND5,300 billion (US$205.2 million).

Laos' Supchaleun Group taps Vietnam's Viet Nga for US$8 million smart farm with 3,000 shrimp and fish ponds

The 94-hectare first phase pairs aquaculture with fruit and coconut growing and is expected to supply one to two tonnes of catfish to Vientiane each day.

Iran's Bushehr Province shrimp exports to Russia climb 382% in value

Bushehr Province shipped 6,474 tonnes of farmed shrimp to Russia in the first half of the Iranian year 1405, with the value of the trade up 382% year on year, customs data show.

Vietnam's Sao Ta Foods lifts Q3 net profit 78% on own-farmed shrimp harvest, beats full-year plan

Nine-month pre-tax profit of VND453 billion already exceeds the 2026 target, though revenue fell 15.9% year-on-year.

Vietnam's seafood exporters eye Switzerland and Norway growth under new EFTA trade deal

Vietnam's seafood industry is preparing to expand sales to Switzerland and Norway after concluding free trade talks with the European Free Trade Association.

BioMar launches BioRetain formulation concept to lift nutrient retention in aquafeed

The Denmark-based aquafeed maker says the concept gives greater raw material flexibility and can hold performance at lower digestible protein levels in some uses.

Bangladesh commerce minister urges digital traceability to close shrimp export gap with India

Bangladesh farms about 42% more shrimp land than India but earns far less, with frozen fish and shrimp exports of about US$300 million last year.

Vietnam's shrimp sector eyes blue finance as Asia-Pacific raises about US$5 billion in blue loans and bonds

Officials and development groups say weak supply chain links and farmers' limited capacity to absorb capital are holding back green investment in shrimp farming.

Vietnam's fisheries output rises 3.9% to 7.9 million tonnes in nine months as shrimp exports climb 11%

Shrimp exports reached US$3.75 billion in January-September, but VASEP warns weaker US, EU and Japanese demand may slow fourth-quarter shipments.

Vietnam's Ca Mau targets US$2.8 billion in 2026 seafood exports as processed shrimp output climbs 16.8%

The Mekong Delta province aims for seafood output above 1.33 million tonnes, backing super-intensive shrimp farming and deeper processing ahead of a November shrimp festival.

ICAR institute reports 30 kg per tank from high-density biofloc shrimp culture in India's Andaman Islands

Vannamei stocked at 3,000 per cubic metre in 10,000-litre tanks reached an FCR of 1.2 and a cost-benefit ratio of 1.96 over 100 to 120-day cycles.

FDA rejects 67 shrimp entry lines for banned antibiotics in first nine months of 2026

Eleven shrimp entry lines were refused in September alone, with 73% of this year's antibiotic-related refusals linked to certified processing plants, an industry analysis says.

Indonesia traces shrimp feed sales to check production data, trials snakehead fish as fishmeal substitute

The fisheries ministry says national shrimp output figures do not match feed sales, as it pursues a target of 1.69 million tonnes of farmed shrimp by 2029.

US sets 1.76 percent final antidumping margin on Thai frozen warmwater shrimp

Commerce has left its preliminary findings unchanged, setting a 1.76 percent weighted-average dumping margin on most Thai frozen warmwater shrimp exporters.

Malaysia considers equivalent testing requirements on Thai shrimp amid barramundi import dispute

Malaysia is weighing reciprocal pre-export testing on Thai shrimp after Bangkok retained mandatory testing and kept curbs on Malaysian barramundi imports.

Viet Uc Group shifts from aquafarm to aquatech with global expansion plan

Vietnamese shrimp genetics firm Viet Uc Group is repositioning itself as an aquaculture technology company and targets a 50% share of the domestic postlarvae market.

FDA releases in-country assessment report on cesium-137 import certification for Indonesia's shrimp and spice products

Both Indonesian certifying agencies substantially met their responsibilities, the FDA found, and will remain designated for shrimp and spice exports to the United States.

Vietnam's seafood exports reach $9.1 billion in first nine months of 2026

September shipments rose to $1.135 billion, lifting nine-month seafood export value by 11.4% year on year to $9.103 billion, according to VASEP.

India's Andhra Pradesh shrimp farmers squeezed as feed costs outrun prices

Poor seed quality, record feed prices and viral disease have pushed the cost of producing a tonne of 100-count shrimp above its market value in India's Andhra Pradesh.

Vietnam seafood exports top US$8 billion in eight months as US shipments weaken

High importer inventories and US tariff uncertainty are pushing exporters to choose between holding on to orders and protecting profit margins.

India's shrimp exports hit record 81,674 tonnes in July as exporters diversify markets

January-July shipments rose 1% year on year to 455,489 tonnes, as exporters pushed into the UK, EU and Asia while waiting for US demand to normalise.

Vietnam's Thuan Phuoc Seafoods posts 87% rise in inventories in H1 2026

Vietnam's Thuan Phuoc Seafoods and Trading Corporation says the increase reflects a strategy to stockpile raw shrimp despite softer export demand.

Malaysia, Thailand near deal to end shrimp and sea bass import curbs

Malaysia's Fisheries Department says joint farm and laboratory inspections in both countries are largely complete, with a decision expected once Thailand holds final talks.

Vietnam's Ca Mau to fund full cost of imported shrimp broodstock under new seed policy

Resolution 35 also covers all quarantine and virus testing costs and half of production costs for hatcheries, and runs to 2030

Bangladesh to set up fish feed testing laboratory in Rajshahi

The government has warned that poor-quality feed could undermine export prospects, citing reputational damage previously suffered by the shrimp sector.

Ecuador's move into processed shrimp and a 12.5% US tariff squeeze Vietnamese exporters

Shrimp export growth slowed to 4.5% in July against 12.6% over seven months, with Vietnam facing a higher US tariff than Ecuador, India and Indonesia.

Thai Union Feedmill wins halal certification for 48 aquafeed products, targets Middle East

The certification covers shrimp and fish feed lines, and the company plans to extend it to its Ranot plant in Thailand's Songkhla province.

Oman starts shrimp feed manufacturing project to cut reliance on imported aquafeed

Aquaculture output reached 9,240 tonnes in 2025 against a 2030 target of 252,000 tonnes, with cumulative sector investment at RO349 million (US$907 million).

Vietnam's Vinh Long scales up high-tech whiteleg shrimp farming along 130km coastline

High-tech intensive production already covers 6,325 hectares and is outperforming traditional methods, with infrastructure investment identified as the key to unlocking further expansion.

Vietnam's seafood exports reach US$6.85 billion in seven months as China demand surges 39%

Shrimp and pangasius led growth in the first seven months of 2026, but logistics costs, US tariff uncertainty, and competitive pressure in shrimp markets cloud the second-half outlook.

Vietnam's Mekong Delta shrimp prices hit record lows as Ecuador and India competition bites

Whiteleg shrimp at 100 pieces/kg has fallen to around VND 80,000/kg at the farmgate, with production costs at the same level leaving farmers with little or no margin.

Indonesia's Waingapu integrated shrimp estate targets 52,000 tonnes annually with Rp7.2 trillion investment

The 2,150-hectare national strategic project in Indonesia's East Nusa Tenggara province is expected to come into operation by 2028, anchored by government infrastructure spending of around US$399 mill

US imposes Section 301 forced labour tariffs on shrimp imports from all top ten supplying nations

Vietnam, Thailand, Peru and China face a 10% additional duty, while India receives a reduced rate of 10% after adopting a domestic prohibition on goods produced with forced labour.

Vietnam shrimp exports hit US$2.35 billion in H1 2026 as China surge offsets US decline

Lobster exports to China emerged as the industry's single biggest growth driver, while US-bound shipments fell 15% over the six-month period amid anti-dumping duties and tightened traceability requirements.

Vietnam-EFTA free trade deal opens high-value seafood markets but compliance hurdles loom

The conclusion of over 14 years of negotiations gives Vietnamese seafood exporters preferential access to Switzerland, Norway, Iceland and Liechtenstein, though rules of origin and stringent food safety standards will determine whether tariff gains translate into real competitive advantage.

Vietnam fisheries sector grows 4.88% in H1 2026 as high-tech aquaculture drives expansion

Aquaculture production reached nearly 3 million tonnes in the first half of the year, with shrimp and marine farming posting the strongest gains.

Thailand, Malaysia resolve seafood trade dispute, target special economic border zone

The resolution ends a months-long dispute over sea bass and shrimp restrictions that had disrupted seafood trade between the two countries.

Saudi Arabia lifts shrimp import suspension on Indonesia after Cs-137 contamination controls verified

The ban, triggered by a US FDA alert over Cesium-137 traces detected in October 2025, was formally lifted on 24 May 2026 following an on-site inspection by US FDA that confirmed the effectiveness of Indonesia's corrective measures.

Minh Phu Seafood opens US$57 million shrimp processing plant in Vietnam's Ca Mau with 35,000-tonne annual capacity

The facility is the sixth processing plant for one of Vietnam's top shrimp exporters, adding highly automated production lines as Ca Mau targets further growth in its US$2.4 billion seafood export sector.

Vietnam's seafood exports reach US$5.8 billion in H1 2026 as China and US drive double-digit growth

Shrimp held the top position at US$2.3 billion, while crustaceans and shellfish posted the strongest growth rates in June, and the US market recorded a significant recovery after a period of stagnation.

India's Andhra Pradesh shrimp farmers pivot to local sales as export disruption cuts prices

Rising freight costs linked to Middle East shipping disruptions have curtailed export activity from India's largest marine exporting state, forcing producers to offload stock at depressed domestic prices.

Vietnam's shrimp farmers squeezed by rising feed costs and falling farmgate prices

Fuel-driven cost pressures are pushing aquafeed prices up 7-10% even as a seasonal supply glut drives shrimp prices to record lows in the Mekong Delta.

Thai Chamber of Commerce buys direct from shrimp farmers as Malaysia ban pushes prices down THB50-60/kg

Industry groups are purchasing more than 100 tonnes per day to stabilise domestic prices, while the Thai Shrimp Association warns farmers may reduce or suspend the upcoming production cycle.

Vietnam's Cam Pha cooperative achieves 7-9 harvests a year with covered high-tech shrimp ponds

The Quang Ninh-based operation reported over 300 tonnes of shrimp output in the first half of the year, using closed-loop, climate-resilient production technology.

Bangladesh sets $3 billion shrimp export target as sector battles decade-long decline

A government-backed strategy paper calls for dedicated Shrimp Economic Zones, intensive aquaculture technology and a shift to value-added processing to reverse a collapse that has seen export earnings fall from nearly $1 billion to below $300 million.

Thai shrimp industry calls for government-level talks with Malaysia as 100-tonne daily export blockage mounts

The bilateral dispute, triggered by a disagreement over seabass residue testing rather than shrimp quality, has left cold storage operators absorbing excess stock amid already weak demand from the US and Japan.

Thai Shrimp Association urges government to rescue industry as disease costs erode competitiveness

Disease-driven production costs have left Thai shrimp roughly US$1 per pound more expensive than rivals from Ecuador and India, threatening a sector that once generated over 100 billion baht in annual export earnings.

Vietnam shrimp industry urged to shift from volume to value as Ecuador and India tighten cost advantage

Feed optimisation, disease-resistant genetics and technology adoption identified as the pillars of a sustainable competitive strategy.

Thai Union Feedmill to invest US$55 million in Ecuador factory as domestic shrimp output declines

The move positions TFM to serve the world's largest shrimp-producing market directly, with capacity targeted to rise 80% by 2028.

Malaysia to restrict five Thai shrimp species and tighten seabass import controls from 1 June

The measures will remain in force until Bangkok provides a full official response to Malaysia's food safety queries.

Food Animal Initiative launches Shrimp Hub to support better welfare practices in shrimp production

Aquaculture welfare research and development company Food Animal Initiative (FAI) has launched a "Shrimp Hub" as a means of assisting shrimp aquaculture companies with establishing better welfare practices.

Ecuador steps up biosecurity measures to ensure safe shrimp for export to China