Pangasius prices hold strong, exporters reap benefits

Amidst the gradual recovery of the global seafood market, Vietnam's pangasius industry is recording numerous positive signals as raw pangasius prices continue to remain high and stable over a prolonged period. This is considered a crucial driving force helping farmers improve profits, while creating favorable conditions for processing and exporting enterprises to boost their business operations this year.

In many key farming areas in the Mekong Delta, particularly in Đồng Tháp Province, raw pangasius prices currently remain at an attractive level. This stability not only gives farmers peace of mind to reinvest but also reduces the market volatility often seen in the seafood sector. Following a difficult period driven by soaring input costs and declining export demand, the sustained positive fish prices are bringing a wave of optimism to the entire industry.

According to assessments from various enterprises, the import demand for pangasius in major markets such as the US, Europe, the Middle East, and several Asian countries is showing a recovery trend. Export orders are beginning to rise again, especially for frozen fillet products and value-added processed products. This factor has enabled businesses to maintain stable production capacity and improve revenues over recent quarters.

In addition to market factors, the quality of Vietnamese pangasius is increasingly enhanced thanks to the application of modern farming standards, strict environmental control, and tight traceability. This contributes to boosting the competitiveness of the pangasius industry in the international market, particularly in a context where global consumers are becoming more concerned about clean and sustainable food.

  

 

However, many experts also suggest that the pangasius industry needs to continue focusing on long-term development strategies rather than merely concentrating on immediate price advantages. Investing in farming technology, optimizing production costs, improving processing quality, and expanding export markets will play an essential role in sustaining competitiveness in the future.

Evidently, the fact that pangasius has maintained good prices recently not only benefits farmers but also opens up further opportunities for exporting enterprises to grow robustly. By continuing to capitalize well on the recovery momentum of the international market and enhancing product value, Vietnam's pangasius industry can fully look forward to a period of more stable and sustainable development ahead.

Source: bnews

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