Vietnamese black tiger exports to Australia remained stable in 2013 despite the trend of increasing imports of vannamei shrimp over black tiger in many consumer markets, notes the Vietnam Association of Seafood Exporters and Producers (VASEP).
The demand for vannamei in markets such as the US, Japan and EU led to changes in structure of Vietnam’s shrimp products exported to global markets last year. However, Vietnamese black tiger shrimp exports to Australia remained stable at a proportion of over 60%.
Vietnam now is the largest producer of black tiger shrimp in the world with an annual output of 300,000 metric tons.
Meanwhile, black tiger shrimp accounts for only 0.4% (2,000t) and 5% (60,000t) of the total shrimp production by Thailand and China respectively.
Frozen raw shrimp imported into Australia accounts for the country’s largest proportion of crustacean imports into the market.
According to statistics of the World Trade Centre (ITC), raw frozen shrimp accounts for the largest share of 82.2% and the rest is frozen crab and other products.
In the last 5 years, imports of raw frozen shrimp into the market reported a continuously positive growth of from 7.5 to 37%. In 2013, the market imported over $232.8 million of frozen shrimp, up 14.9% year on year.
Undercurrent News Limited