Frozen Pangasius/Basa Fillet
Seafood: Pangasius/Basa (family Pangasiidae)
Importer: Malaysia, Philippines, Singapore, Japan, … and some countries in EU
Payment: L/C at sight or T/T
BENEFIT: Pangasisus/Basa fish is loaded with protein, healthy fats, omega 3 fatty acids DHA and EPA and low in sodium and cholesterol. The dense nutrient profile promotes heart health, builds muscle and boosts overall health.
SPECIFICATION: According to our below Standard or Buyer’s requirement
Type:Untrimmed, well trimmed, steak, HGT, cut portion, ….
Part: Whole, body, fin, ….
Size cut Cube (gr/pcs): 15-20, 20-25, 25-30,30-35
Size cut portion (gr/pcs): 20-40, 40-60, 60-80. 80 up
Size untrimmed/well trimmed fillet (gr/pcs):120-170, 170-220, 220-300, 300 up
Glazing: 10%, 20%, … or as request
Packing: 10kg or 20kg bulk or as request
Shelf Life: 12 months in -18’C storage
The average export price of Vietnamese pangasius in July reached 2.6 USD / kg, up 0.45 USD / kg compared to the same period in 2017 and slightly increased compared to June. The price of pangasius exported increased mainly due to the supply of raw materials lower than the needs of enterprises. It is forecasted that the average export price of this item in the coming months will fluctuate at 2.5-3 USD / kg.
In terms of the market, the US is back as the export market of pangasius, ba sa fish reaching the highest turnover of Vietnam. In the first 7 months of 2018, tra fish and basha fish exports to the US reached 60.4 thousand tons, worth 259.4 million USD, down 10.7% in volume but up 10.3% in turnover compared to the same period last year.
Currently, Vietnam is still the largest supplier of pangasius and basalt fish to the US with a market share of 95% in volume and 93% in value.
In addition to imports from Vietnam, the U.S. also imports catfish from China, Guyana and Thailand but with a very low market share. Catfish imports from Vietnam still have the most competitive prices when the average in the first 7 months of 2018 was AT 4.1 USD / kg, compared to 5.5 USD / kg imported from China, 4.4 USD / kg from Guyana and 6.2 USD / kg from Thailand. notably, in June and July, the US stepped up imports of catfish.
The Export-Import Department forecasts that in the last months of the year, it is likely that tra fish and ba sa exports to this market will grow positive. The reason is that the US Department of Commerce (DOC) has issued the preliminary conclusion of the 14th anti-dumping duty review (POR14) for the period from August 1, 2016 to July 31, 2017 for Vietnamese pangasius and ba sa products exported to the US market with a much lower tariff than the final results of the previous review (POR13).
At the same time, the US-China trade tension is also a good opportunity for Vietnamese pangasius export enterprises to take advantage of market share with tilapia products in the US market.
China is the second largest export market for pangasius and basalt fish of Vietnam after the US in terms of turnover and the largest in volume in the first 7 months of 2018 with 125.2 thousand tons, worth 258.3 million USD, up 27.7% in volume and up 44.6% in turnover compared to the same period last year.