Vietnam Fishery Comprehensive Industry Q2/2019
VIETNAM FISHERY INDUSTRY
The global aquaculture production and fishing volume grew at a CAGR of 2.78%/year during the period of 2009 - 2017e. In 2017, the demand for fishery products tended to rise, leading to an increase in the total import volume. Asia was the region with the largest seafood export value in the world in 2016, accounting for 38.9% of the total export value of the global seafood industry.
In Q1/2019, Vietnam's seafood production was estimated to increase 4.8% over the same period last year, of which fish rose by 5.1%; shrimp increased by 5.2%; other seafood increased by 3.4%. The Aquaculture production in Q1/2019 was estimated to increase by 4.9% over the same period last year. Fishery production in Q1/2019 was estimated to increase by 4.8% over the same period last year.
Vietnam has become a leading fishery producer and exporter in the region, along with Indonesia and Thailand. Exporting fishery become one of the most important fields of the national economy. According to the statistics of the General Department of Customs, in generally for Q1/2019, Vietnam's seafood export is estimated to increase by 1.6% compared to the same period in 2018, in particular, it increased strongly in January 2019 with increase compared to same period 2018.
In 2018, in general, the fishery industry has prospered compared to 2017 due to favorable weather. Besides, exports of commodities such as pangasius and shrimp in 2018 were favorable, making the business situation of businesses more optimistic in 2018.
The global aquaculture production and fishing volume grew at a CAGR of 2.78%/year during the period of 2009 - 2017e. In 2017, the demand for fishery products tended to rise, leading to an increase in the total import volume. Asia was the region with the largest seafood export value in the world in 2016, accounting for 38.9% of the total export value of the global seafood industry.
In Q1/2019, Vietnam's seafood production was estimated to increase 4.8% over the same period last year, of which fish rose by 5.1%; shrimp increased by 5.2%; other seafood increased by 3.4%. The Aquaculture production in Q1/2019 was estimated to increase by 4.9% over the same period last year. Fishery production in Q1/2019 was estimated to increase by 4.8% over the same period last year.
Vietnam has become a leading fishery producer and exporter in the region, along with Indonesia and Thailand. Exporting fishery become one of the most important fields of the national economy. According to the statistics of the General Department of Customs, in generally for Q1/2019, Vietnam's seafood export is estimated to increase by 1.6% compared to the same period in 2018, in particular, it increased strongly in January 2019 with increase compared to same period 2018.
In 2018, in general, the fishery industry has prospered compared to 2017 due to favorable weather. Besides, exports of commodities such as pangasius and shrimp in 2018 were favorable, making the business situation of businesses more optimistic in 2018.
ABBREVIATIONS
EXECUTIVE SUMMARY
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic situation
1.2 Legal framework
1.3 Free trade agreements
2. WORLD SEAFOOD MARKET
2.1 World seafood market
2.1.1 Production
2.1.2 Consumption
2.1.3 Global seafood trade
2.1.4 Price movement of some aqua products
2.2 Seafood market in some countries in the region
3. VIETNAM SEAFOOD MARKET
3.1 Characteristics of the Vietnamese fishery industry
3.2 Situation of aquaculture and exploitation
3.2.1 Overview of aquaculture and exploitation
3.2.2 Current status of seafood exploitation
3.2.3 Current status of aquaculture
3.3 Production
3.4 Consumption
3.5 Export
3.6 Risks and challenges
3.7 Driving forces
3.8 Industry development planning and forecast
4. ENTERPRISE ANALYSIS
5. APPENDIX
EXECUTIVE SUMMARY
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic situation
1.2 Legal framework
1.3 Free trade agreements
2. WORLD SEAFOOD MARKET
2.1 World seafood market
2.1.1 Production
2.1.2 Consumption
2.1.3 Global seafood trade
2.1.4 Price movement of some aqua products
2.2 Seafood market in some countries in the region
3. VIETNAM SEAFOOD MARKET
3.1 Characteristics of the Vietnamese fishery industry
3.2 Situation of aquaculture and exploitation
3.2.1 Overview of aquaculture and exploitation
3.2.2 Current status of seafood exploitation
3.2.3 Current status of aquaculture
3.3 Production
3.4 Consumption
3.5 Export
3.6 Risks and challenges
3.7 Driving forces
3.8 Industry development planning and forecast
4. ENTERPRISE ANALYSIS
5. APPENDIX
LIST OF TABLES
Table 1: Seafood production output in China by product, 2013 – 2017e
Table 2: Top 10 largest seafood companies in 2018
Table 3: Seafood production in Vietnam, Q1/2018 – Q1/2019e
Table 4: Seafood production in Vietnam, 2016 – 2018e
Table 5: Fishing and aquaculture results, 2016 – Q1/2019
Table 6: Processing facilities of aquatic products for export by type of enterprise and kind of processed products in 2017
Table 7: TOP FISHERY ENTERPRISES WITH THE HIGHEST REVENUE IN 2018
Table 8: Liability/Total asset and liability/Owner equity ratios, 2018
Table 1: Seafood production output in China by product, 2013 – 2017e
Table 2: Top 10 largest seafood companies in 2018
Table 3: Seafood production in Vietnam, Q1/2018 – Q1/2019e
Table 4: Seafood production in Vietnam, 2016 – 2018e
Table 5: Fishing and aquaculture results, 2016 – Q1/2019
Table 6: Processing facilities of aquatic products for export by type of enterprise and kind of processed products in 2017
Table 7: TOP FISHERY ENTERPRISES WITH THE HIGHEST REVENUE IN 2018
Table 8: Liability/Total asset and liability/Owner equity ratios, 2018
LIST OF FIGURES
Figure 1: GDP growth rate by quarter, 2016 – 2019
Figure 2: Value of agricultural, forestry and fishery production in the year (at current prices),2015 - 2018
Figure 3: VND/USD exchange rate, 1/2013-3/2019
Figure 4: Average interest rate, 2012- 3/2019
Figure 5: Fishery’s contribution to Vietnam’s total export turnover, 2013 – 2018e
Figure 6: Import - Export, 2016 – Q1/2019
Figure 7: Total population and age structure of labor force, 2014 - 2018e
Figure 8: Labor force in agriculture, industry, fishery, 2011 – 2018e
Figure 9: Global aquaculture and fishing production, 2009 – 2025e
Figure 10: Structure of fishing and aquaculture areas in 2016e
Figure 11: Structure of global fishermen, 2016e
Figure 12: Structure of fishing fleets by area, 2014
Figure 13: Structure of world fishing production by region, 2016
Figure 14: Structure of world fishing and aquaculture production by region, 2016
Figure 15: Structure of world aquaculture production by region, 2016
Figure 16: Aquaculture by region, 2015-2016
Figure 17: Top countries in terms of aquaculture, 2016
Figure 18: Top 10 most caught fishes 2016
Figure 19: Top countries in terms of fishing 2016
Figure 20: Global seafood consumption, 2009 - 2016e
Figure 21: Seafood consumption per capita, 2009 - 2016
Figure 22: Global seafood trade, 2008 – 2017e
Figure 23: Export value of global seafood, 1976 - 2016
Figure 24: Structure of global seafood exports by region, 2016
Figure 25: Structure of global seafood imports by region, 2016
Figure 26: Top 10 seafood exporters, 2017e
Figure 27: Top 10 seafood importers, 2017e
Figure 28: World shrimp prices, 1/2014 – 3/2019
Figure 29: Seafood production in China, 2012 – 2017e
Figure 30: China ‘s seafood prices, 01/2010 – 03/2017
Figure 31: Tuna, squid-octopus exports of China, 2012 - 2016
Figure 32: Tuna export structure, 2016
Figure 33: Squid, octopus export structure, 2016
Figure 34: Seafood production of Indonesia, 2012 – 2017e
Figure 35: Shrimp exports of Indonesia, 2011 – 2016e
Figure 36: Seafood trade of Indonesia (average in the period 2011 - 2015)
Figure 37: US seafood consumption by type of product, 2016e
Figure 38: Fisheries' contribution to the US economy, 2012 - 2015
Figure 39: Production of some US seafood, 2011 – 2015
Figure 40: Squid, octopus and shrimp import of the US, 2016 - 2017
Figure 41: Shrimp import of the US, by volume, 2017
Figure 42: Seafood production of Thailand, 2006 -2015
Figure 43: Shrimp and tuna exports of Thailand, 2010 - 2016
Figure 44: Number of fishery enterprises 2010 - 2017
Figure 45: Number of laborers farming, fishing and processing aquatic products, 2010 - 2017
Figure 46: Aquaculture area, 2010 - 2017e
Figure 47: Fishing boats with a capacity of 90 CV, 2010 - 2017e
Figure 48: Exploitation output of coastal provinces by region, 2017e
Figure 49: Vietnamese seafood exploitation, 2010 – Q1/2019
Figure 50: Structure of fishery exploitation by area, 2017e
Figure 51: Seafood import turnover, 2013 - Q1/2019
Figure 52: Seafood import structure, Q1/2019
Figure 53: Production of some aquatic species, 2013 – Q1/2019
Figure 54: Ratio of catfish farming area self-invested in some provinces and cities in 2016
Figure 55: Shrimp farming area in brackish waters, 2011 - Q1/2019
Figure 56: Structure of pangasius production by province, 11M/2018e
Figure 57: Frozen seafood production, 2011 – Q1/2019
Figure 58: Seafood consumption per capita in Vietnam, 2010 - 2013
Figure 59: Seafood exports, 2010 – Q1/2019
Figure 60: Export value of aquatic products, 2018-Q1/2019
Figure 61: Seafood export structure by types of products, Q1/2019
Figure 62: Seafood export structure by value, 2018e
Figure 63: Structure of seafood export by value, Q1/2019
Figure 64: Structure of seafood export by value, Q1/2019
Figure 65: Pangasius export value 2011 - Q1/2019
Figure 66: Pangasius export structure by value, Q1/2019
Figure 67: Enterprises share of exporting pangasius by volume, 6M/2018e
Figure 68: Top largest enterprises of exporting pangasius, 2018e
Figure 69: Shrimp export value, 2011 – Q1/2019
Figure 70: Top countries importing shrimp from Vietnam, by value Q1/2019
Figure 71: Market share of top shrimp exporting enterprises by value, 2018e
Figure 72: Market share of top shrimp exporting enterprises by volume, 2018e
Figure 73: Market shares of shrimp export volume of enterprises into EU, 2017-2018e
Figure 74: Market shares of shrimp export volume of enterprises into the US, 2017 – 2018
Figure 75: Market shares of shrimp export volume of enterprises into Japan, 2017 – 2018
Figure 76: Export value of the tuna sector, 2011 – Q1/2019
Figure 77: Exported tuna products, 2018e
Figure 78: Tuna export turnover by market, 8M/2018e
Figure 79: Global seafood production and consumption forecast, 2017f - 2026f
Figure 80: Seafood export value, 2011 - 2020f
Figure 81: Net revenue, 2017 - 2018
Figure 82: Self – financing ratio, 2017 - 2018
Figure 83: Asset turnover, 2018
Figure 84: Administrative expenses/Net revenue, 2016 - 2017
Figure 85: Financial expenses/Net revenue, 2016 - 2017
Figure 86:Solvency, 2017 - 2018
Figure 87:Profit margin, 2018
Figure 1: GDP growth rate by quarter, 2016 – 2019
Figure 2: Value of agricultural, forestry and fishery production in the year (at current prices),2015 - 2018
Figure 3: VND/USD exchange rate, 1/2013-3/2019
Figure 4: Average interest rate, 2012- 3/2019
Figure 5: Fishery’s contribution to Vietnam’s total export turnover, 2013 – 2018e
Figure 6: Import - Export, 2016 – Q1/2019
Figure 7: Total population and age structure of labor force, 2014 - 2018e
Figure 8: Labor force in agriculture, industry, fishery, 2011 – 2018e
Figure 9: Global aquaculture and fishing production, 2009 – 2025e
Figure 10: Structure of fishing and aquaculture areas in 2016e
Figure 11: Structure of global fishermen, 2016e
Figure 12: Structure of fishing fleets by area, 2014
Figure 13: Structure of world fishing production by region, 2016
Figure 14: Structure of world fishing and aquaculture production by region, 2016
Figure 15: Structure of world aquaculture production by region, 2016
Figure 16: Aquaculture by region, 2015-2016
Figure 17: Top countries in terms of aquaculture, 2016
Figure 18: Top 10 most caught fishes 2016
Figure 19: Top countries in terms of fishing 2016
Figure 20: Global seafood consumption, 2009 - 2016e
Figure 21: Seafood consumption per capita, 2009 - 2016
Figure 22: Global seafood trade, 2008 – 2017e
Figure 23: Export value of global seafood, 1976 - 2016
Figure 24: Structure of global seafood exports by region, 2016
Figure 25: Structure of global seafood imports by region, 2016
Figure 26: Top 10 seafood exporters, 2017e
Figure 27: Top 10 seafood importers, 2017e
Figure 28: World shrimp prices, 1/2014 – 3/2019
Figure 29: Seafood production in China, 2012 – 2017e
Figure 30: China ‘s seafood prices, 01/2010 – 03/2017
Figure 31: Tuna, squid-octopus exports of China, 2012 - 2016
Figure 32: Tuna export structure, 2016
Figure 33: Squid, octopus export structure, 2016
Figure 34: Seafood production of Indonesia, 2012 – 2017e
Figure 35: Shrimp exports of Indonesia, 2011 – 2016e
Figure 36: Seafood trade of Indonesia (average in the period 2011 - 2015)
Figure 37: US seafood consumption by type of product, 2016e
Figure 38: Fisheries' contribution to the US economy, 2012 - 2015
Figure 39: Production of some US seafood, 2011 – 2015
Figure 40: Squid, octopus and shrimp import of the US, 2016 - 2017
Figure 41: Shrimp import of the US, by volume, 2017
Figure 42: Seafood production of Thailand, 2006 -2015
Figure 43: Shrimp and tuna exports of Thailand, 2010 - 2016
Figure 44: Number of fishery enterprises 2010 - 2017
Figure 45: Number of laborers farming, fishing and processing aquatic products, 2010 - 2017
Figure 46: Aquaculture area, 2010 - 2017e
Figure 47: Fishing boats with a capacity of 90 CV, 2010 - 2017e
Figure 48: Exploitation output of coastal provinces by region, 2017e
Figure 49: Vietnamese seafood exploitation, 2010 – Q1/2019
Figure 50: Structure of fishery exploitation by area, 2017e
Figure 51: Seafood import turnover, 2013 - Q1/2019
Figure 52: Seafood import structure, Q1/2019
Figure 53: Production of some aquatic species, 2013 – Q1/2019
Figure 54: Ratio of catfish farming area self-invested in some provinces and cities in 2016
Figure 55: Shrimp farming area in brackish waters, 2011 - Q1/2019
Figure 56: Structure of pangasius production by province, 11M/2018e
Figure 57: Frozen seafood production, 2011 – Q1/2019
Figure 58: Seafood consumption per capita in Vietnam, 2010 - 2013
Figure 59: Seafood exports, 2010 – Q1/2019
Figure 60: Export value of aquatic products, 2018-Q1/2019
Figure 61: Seafood export structure by types of products, Q1/2019
Figure 62: Seafood export structure by value, 2018e
Figure 63: Structure of seafood export by value, Q1/2019
Figure 64: Structure of seafood export by value, Q1/2019
Figure 65: Pangasius export value 2011 - Q1/2019
Figure 66: Pangasius export structure by value, Q1/2019
Figure 67: Enterprises share of exporting pangasius by volume, 6M/2018e
Figure 68: Top largest enterprises of exporting pangasius, 2018e
Figure 69: Shrimp export value, 2011 – Q1/2019
Figure 70: Top countries importing shrimp from Vietnam, by value Q1/2019
Figure 71: Market share of top shrimp exporting enterprises by value, 2018e
Figure 72: Market share of top shrimp exporting enterprises by volume, 2018e
Figure 73: Market shares of shrimp export volume of enterprises into EU, 2017-2018e
Figure 74: Market shares of shrimp export volume of enterprises into the US, 2017 – 2018
Figure 75: Market shares of shrimp export volume of enterprises into Japan, 2017 – 2018
Figure 76: Export value of the tuna sector, 2011 – Q1/2019
Figure 77: Exported tuna products, 2018e
Figure 78: Tuna export turnover by market, 8M/2018e
Figure 79: Global seafood production and consumption forecast, 2017f - 2026f
Figure 80: Seafood export value, 2011 - 2020f
Figure 81: Net revenue, 2017 - 2018
Figure 82: Self – financing ratio, 2017 - 2018
Figure 83: Asset turnover, 2018
Figure 84: Administrative expenses/Net revenue, 2016 - 2017
Figure 85: Financial expenses/Net revenue, 2016 - 2017
Figure 86:Solvency, 2017 - 2018
Figure 87:Profit margin, 2018
