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October 20, 2013

Vietnam

Shrimp Shortage

 

Vietnam shrimp exporters are facing a shortage of raw shrimp for processing because farmers are holding shrimp in their ponds and waiting for higher prices, making it difficult for exporters to fill their end of year orders.  Early mortality syndrome (EMS) has also cut into production of farmed shrimp in Vietnam.

 

Tra Vinh Province, one of the biggest producers of farmed shrimp in the Mekong Delta, has 26,000 hectares of shrimp ponds and 27,000 shrimp farmers.  More than 25 percent of its ponds were hit by disease.

 

In Ca Mau Province, the biggest producer of farmed shrimp in the Mekong Delta, farmers stocked 267,000 hectares of ponds and through September harvested over 100,000 metric tons, about 78 percent of the expected harvest.  The farm gate price of black tiger shrimp increased to $11.40 per kilogram from $8.08 per kilogram in 2012.

 

Through September 2013, Vietnam’s shrimp exports were valued at almost $2 billion, with white shrimp (Penaeus vannamei) accounting for  $952 million, up 80 percent over last year, and giant tiger shrimp (P. monodon) accounting for $928 million, up 2.1 percent from the same period last year.

 

Source: Vietnam Association of Seafood Exporters and Producers (VASEP) Website.  Raw Shrimp Shortage Becomes More Serious.  Kim Thu.  October 15, 2013.

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