VASEP: Crab exports to Japan slowing down
(VOV) - Vietnam shipments of crab to Japan in the six months leading up to July clawed their way up 28.7% compared to last year’s same period to US$8.329 million on the back of tightened controls by Japan over Russian imports.
The Vietnam Association of Seafood Exporters and Producers (VASEP) also reported that Japan accounted for 17.4% of market share during the period, making it the third largest export market.
The average sales prices for crab hovered around US$14 a kilogram, which was price competitive with other ASEAN countries the report read, however demand is forecast to slowdown throughout the remainder of the year.