Deputy Minister of Agriculture and Rural Development (MARD) Phung Duc Tien shared at the Conference to deploy the task of developing the brackish water shrimp industry in 2024, taking place on February 23 in Bac Lieu province.
Deputy Minister of Agriculture talks about expectations and difficulties of the shrimp industry (Video: Huynh Hai)
Expect more than 4 billion USD in shrimp exports in 2024
Mr. Phung Duc Tien said that 2023 will be very difficult, the export of agricultural products in general and the shrimp industry in particular will decline (about 21%).
Entering 2024, by the end of January, we exported 5.14 billion USD of agricultural products, an increase of 79.2%, of which shrimp increased by nearly 65%. This is a positive sign for this year.
Leaders of the Ministry of Agriculture and Rural Development and Bac Lieu province chair the brackish water shrimp industry conference in 2024 (Photo: C.D).
“With an area of about 740,000 hectares of shrimp farming and an output of more than 1.12 million tons, we hope to have increased output and higher export value,” Deputy Minister Tien expected.
Regarding trade promotion, according to the Deputy Minister of Agriculture and Rural Development, we have large markets such as the US, China, Europe, Japan, Korea,…
“Recently, we directed the export of shrimp products to the Dutch market. We have to figure out which business can be the pioneer. Seeing a plate of shrimp appear on banquet tables at hotels in other countries is very luxurious,” Mr. Tien shared. shall.
According to statistics from the Department of Fisheries, in 2023, shrimp export turnover will reach 3.45 billion USD and is expected to reach 4-4.3 billion USD in 2024.
“It is forecast that the global brackish water shrimp supply will continue to increase by about 4.8% in 2024. This is a challenge but also an opportunity for the Vietnamese shrimp industry, we need to take advantage and have appropriate solutions,” Department of Fisheries information.
Vietnamese shrimp is exported to many large countries and is popular (Illustration).
No tolerance for floating shrimp
According to experts’ forecasts, the shrimp industry may continue to face many difficulties and challenges such as: Inflation in many countries and territories, people tightening their spending, and global consumer demand decreases. strong, including brackish water shrimp products; Drought and saltwater intrusion occurring from the first months of 2024 cause unfavorable factors for farmed shrimp, increasing the risk of disease outbreaks and difficulties for production;…
