Vietnam's Tilapia and Pangasius Exports Thrive Despite Market Dynamics
VIET NAM Friday, April 25, 2025, 20:00 (GMT + 9)
Strong Growth in Pangasius and Tilapia Markets Signals Export Potential Vietnam continues to strengthen its position as a leading global supplier of white-fleshed fish, particularly pangasius and tilapia, driven by increasing demand for affordable, healthy protein. While exports are showing strong momentum in early 2025, the industry also faces structural challenges that must be addressed to maintain competitiveness in the years ahead, as reported by Ms.Thu Hang, Editor of the Vietnam Association of Seafood Exporters and Producers (VASEP) Global Tilapia Market Outlook and Vietnam’s Position The global tilapia market is forecast to reach USD 10.6 billion in 2024 and grow to USD 14.5 billion by 2033, with a compound annual growth rate (CAGR) of 3.52%. Production is expected to hit ... FULL STORY