According to statistics from the Vietnam Aquatic Products Processing and Export Association, in the first half of 2021, the top 15 pangasius export companies in Vietnam were as follows:
2021 will be an extraordinary year for the pangasius industry, especially in the second half of the year. Vietnam, which has the world's largest pangasius resources, has experienced a heavy blow from the epidemic. Among all the 130 pangasius companies exporting pangasius products to China, the experience and predictions of the future of large companies have important reference significance for the industry.
The four rounds of COVID-19 outbreaks around the world have had varying degrees of impact on Vietnam's pangasius industry. According to industry insiders' predictions, the pangasius industry will still face major challenges such as supply shortages and rising breeding costs in the next year..
Beginning in July 2021, Vietnam implemented a nationwide blockade, and many processing plants were closed one after another. As a result, farmers were unable to collect fish and could only temporarily raise the fish in ponds. However, after the blockade was lifted, a large number of large-sized pangasius fish flooded into the market, exceeding the demand specifications of major markets such as the United States and the European Union.
html Between July and October, due to the blockade and transportation conditions, the pangasius seeding rate in Vietnam was low, and the main seeding season has now passed.
Mr. Tran Dinh Luan, Director of the Fisheries Bureau of the Ministry of Agriculture and Rural Development of Vietnam, said that there are 130 pangasius hatcheries in Vietnam, 96 of which are in operation. htmlFry production in November, July and August decreased by 82.7%, 70.9% and 20.8% respectively year-on-year. It is expected that processing and export enterprises will have a shortage of raw materials in early 2022.
In addition, the cost of fish feed increased by 30% in the first 10 months of 2021, putting heavy pressure on farmers. It is expected that the challenges of aquatic feed will continue into 2022, transportation costs remain high .
On December 30, a freight forwarder told Xin Fang Pai that Vietnamese pangasius was still facing shipment difficulties. The sea freight from Vietnam to China has increased from the previous US$1,200-1,500/container to several thousand US dollars (there are also reports that it has increased to US$3,000/container). Naturally, transportation costs have increased significantly! On the other hand, under the epidemic, problems such as shortage of boxes are still serious. At least in Vietnam, where the number of cases is increasing by 13,000 daily, this is not a problem that can be solved in the short term.
In addition to sea transportation, land transportation is not smooth as the New Year is approaching. A total of 19 confirmed cases have been found in Dongxing City, Guangxi Province. Dongxing, Many border ports such as Hekou County, Longbang Port, and Pingxiang Friendship Pass in Yunnan Province have strengthened management and have successively strengthened management. It was announced that cold chain food customs clearance would be suspended, and land transportation came to a standstill.
"Out of stock" and "price increase" are still the keywords of the pangasius industry!
Vinh Huan Group, as the largest pangasius producer and exporter in Vietnam, its export focus is more inclined to the US market. In November, pangasius export revenue increased both year-on-year and month-on-month. Revenue in the US market increased by 68% year-on-year, while revenue in the Chinese market only increased by 4%. However, compared with October, in November, the pangasius products exported by Yonghuan grew the fastest in the Chinese market, with an increase of 60%; followed by Europe, with an increase of 49%; and the US market fell by 12%.
Truong Thi Le Khanh, chairman of Yonghuan Group, said in an interview with Forbes: "The company's productivity has increased by 10% compared with the past. Thanks to the early prediction of the situation, we were fortunate to control the epidemic (spread in the factory) , and continue to expand production scale in stages.”
According to reports, as a leading enterprise in Vietnam’s pangasius industry, faced with the foreseeable challenges of raw material shortages and rising costs in 2022, Vinh Huan Group actively responded to production and export-related issues and proposed a medium- and long-term solution plan:
01 , In order to minimize the restrictions on processing capacity caused by the epidemic, All employees of Yonghuan Group have been vaccinated ;
02, Yonghuan Group has built apartments for employees, hundreds of which were used as temporary dormitories during the lockdown. , the remaining part will be built into a complete modern residential area in the next few months. This is not only part of the emergency plan, but also one of the important benefits provided by Yonghuan Group;
03, to maintain supply. capacity and optimize production efficiency, two strategic new projects will be put into operation next year: one is a new feed factory that will be put into production in April 2022; the other is a high-tech hatchery that will be put into use
to move upstream of the industry. By extension, controlling raw fish resources from the source is also an important reason why Yonghuan can maintain production during the epidemic.
Focusing on the current situation, under the background of large shortages and transportation difficulties, the price of pangasius was once high. It has been rising for several months, and it was not until early December that it began to ease and fell slightly. However, recently due to congestion at land transport ports, border trade is blocked, and customs trade is facing high freight costs, there may be another wave of "fish grabbing" in the market. Wholesale The market price increase trend is back again!
Source of article: New Frozen School public account
