Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
   


Photo: VASEP/FIS

Soaring Shrimp Demand in Southern Europe, stable in other regions

Click on the flag for more information about Viet Nam VIET NAM
Tuesday, December 10, 2024, 06:00 (GMT + 9)

As of November 15, 2024, Vietnam’s shrimp exports to the EU reached over $422 million, marking a 16% increase compared to the same period last year.

The EU market has shown consistent demand for Vietnamese shrimp throughout the year, with steady growth since April, according to Kim Thu, a shrimp market expert with the Vietnam Association of Seafood Exporters and Producers (VASEP).

Highlights of EU Shrimp Market Trends:

  1. Regional Growth: Major markets, including Germany, the Netherlands, Belgium, and Denmark, recorded growth rates ranging from 11% to 29%.
  2. Consumption Preferences:
    • Convenience-focused products such as peeled, headless shrimp dominate.
    • Breaded shrimp is particularly popular in the UK, Germany, and the Netherlands.
    • High-end markets like France, Spain, and Italy favor fresh shrimp, with black tiger shrimp highly consumed in France and Italy.
  3. Sustainability Trends: Northern Europe emphasizes shrimp with sustainability certifications, reflecting growing eco-consciousness.
  4. E-commerce Growth: Increasingly, consumers prefer buying frozen or ready-to-cook shrimp online, prioritizing fast delivery and e-commerce-optimized packaging.

Southern Europe: A Key Shrimp Market

The Southern European region—spanning Spain, France, Italy, Portugal, and Greece—has emerged as Europe’s largest shrimp consumer. In 2023, these countries imported 332,000 tonnes of shrimp from outside the EU, a slight decline from the peak of 349,000 tonnes in 2021.

  • Penaeus shrimp (HS03061792) accounted for 64% of imports.
  • Wild-caught shrimp (HS03061799), including Argentine red shrimp and Asian pink shrimp, made up 31%, with value-added shrimp at just 3%.

The region’s vibrant dining culture, strong HORECA sector, and tourism-driven demand make it a lucrative market. While seafood distribution is fragmented within HORECA, retail through modern supermarkets and traditional seafood retailers remains pivotal.

Competitive Landscape and Challenges

Vietnamese shrimp accounts for 13% of the EU market share, facing stiff competition from India, Thailand, Ecuador, and Brazil. To maintain its edge, Vietnam has prioritized meeting the EU's stringent quality and safety standards, ensuring compliance with environmental, traceability, and animal welfare requirements.

Strategic Outlook

Southern Europe offers vast opportunities for Vietnamese shrimp exporters, particularly as the market leans towards high-quality products that meet sustainability benchmarks. As the EU serves as a barometer for global competitiveness, Vietnamese shrimp is poised to strengthen its foothold while contributing to the region’s robust seafood demand.

[email protected]
www.seafood.media


 Print


Click to know how to advertise in FIS
MORE NEWS
Norway
Jul 7, 00:10 (GMT + 9):
Norwegian Seafood Exports Soar: Herring and Mackerel See Record Prices and Strong Demand in First Half of 2025
United States
Jul 7, 00:10 (GMT + 9):
End of an Era: Beloved US Lobster Purveyor Files for Bankruptcy After Decades of Service
Mexico
Jul 7, 00:10 (GMT + 9):
Mexico Bets Big on Tilapia Self-Sufficiency: Boosting Aquaculture as a Pillar of Food Sovereignty
Spain
Jul 7, 00:10 (GMT + 9):
Spanish Fishing Seeks Revival: II Seafood Forum Drives Innovation and Sustainability Amid Falling Consumption
France
Jul 7, 00:10 (GMT + 9):
Chilean Companies Successfully Boost Seafood Products in the French Market
Japan
Jul 7, 00:10 (GMT + 9):
Mori Trust Invests Big in Sustainable Land-Based Salmon Farming in Japan
Argentina
Jul 7, 00:00 (GMT + 9):
Argentina Authorizes U.S. Research Vessel Falkor (Too) to Conduct Scientific Work in National Waters
Uruguay
Jul 6, 00:10 (GMT + 9):
ALPESCAS Urges Resolution in Labor Conflict Threatening Uruguayan Industrial Fishing
United States
Jul 4, 15:00 (GMT + 9):
IN BRIEF - National Fisheries Institute Statement on Section 139L of the OBBB Act
Viet Nam
Jul 4, 07:00 (GMT + 9):
US Tariff Pressure Casts Shadow Over Vietnam's Seafood Exports, Slowing Growth in June
South Korea
Jul 4, 06:00 (GMT + 9):
South Korea's Frozen Mackerel Imports Skyrocket in First Half of 2025
China
Jul 4, 00:10 (GMT + 9):
Global Squid Prices See Significant Rise in June Driven by Supply Shocks
Norway
Jul 4, 00:10 (GMT + 9):
Norwegian Salmon and Trout Conquer Global Markets Amidst Shifting Tides
Norway
Jul 4, 00:10 (GMT + 9):
Norwegian Seafood Exports Hit Record High in First Half of 2025
Faroe Islands
Jul 4, 00:10 (GMT + 9):
Bakkafrost Reports Strong Q2 Harvests, But Scottish Mortality Costs Soar



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Scientists Convene in Shanghai to Discuss Giant Squid Conservation and Management
China Experts underscore the urgent need for enhanced biological and stock knowledge of the resource. Shanghai - The president of the Committee for the Sustainable Management of Giant Squid (CALAMASUR...
New Report Unlocks Opportunities for Norwegian Snow and King Crab in the U.S. Market
United States Fresh insights aim to strengthen Norway's premium position amid rising demand and unique market advantages. OSLO – Norway's seafood industry is strategically positioning itself globally, with sig...
Global Squid Prices See Significant Rise in June Driven by Supply Shocks
China The overall price index for China's ocean-going squid surged in June 2025, reaching 281.07 points. While the Southwest Atlantic saw a supply glut, sudden fishing closures in the Southeast Pacific and ...
Indonesian Fisheries Sector Sees Strong Growth in Q1 2025, Exports Up 6.5%
Indonesia Fisheries production rises 2%, signaling positive trends for national food security and economic contribution. JAKARTA – Indonesia's fisheries sector demonstrated robust growth in the first qua...
 

Umios Corporation | Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Aquaculture Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2025 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER